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Ladysmith & District Credit Union

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This Page's Content Was Last Updated: July 21, 2026

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Credit Union

Ladysmith & District

Ladysmith & District Credit Union is a credit union located in British Columbia. It was founded in 1944. It primarily serves Ladysmith and Vancouver Island.

Ladysmith & District Credit Union was founded on May 18, 1944, in Ladysmith, British Columbia. It was chartered by local woodworkers and became one of the early credit unions established on Vancouver Island.

The credit union has been associated with several developments in British Columbia credit union history, including the election of a woman as president and the use of the international credit union symbol in its signage.

Today, Ladysmith & District Credit Union operates as an independent financial cooperative serving Ladysmith and the surrounding area. It offers personal and business banking, borrowing, mortgages, insurance, investment management, and related financial services.

Provinces served

British Columbia

Number of Members (as of 2025): ~5,000

Chequing and Savings Accounts

The account-related data on this page was last updated on July 20, 2026.

Chequing Accounts

  • Chequing Account

    1. Account: MORE Than Chequing™

    Standard Fee
    $24.95/mo
    Free Transactions
    Unlimited
    Insurance Limit
    Unlimited

    Account details

    • The account fee may be waived for students and youth.
    • The account fee might be waived for seniors.
    • This account allows Unlimited free transactions.
      • LDCU MORE Than Chequing™ is a $24.95-per-month chequing package with unlimited chequing and savings accounts. It includes unlimited free cheque transactions, electronic and in-branch transactions, Interac e-Transfers, and withdrawals at LDCU and EXCHANGE Network ATMs. Bill payment reversals are excluded from the unlimited transaction coverage, and e-statements are free.

      Deposit Insurance

      Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.

    • Chequing Account

      2. Account: Regular Chequing

      Standard Fee
      $5.95/mo
      Insurance Limit
      Unlimited

      Account details

      • Cheque: $1.50 Pre-Authorized Debit: $1.00 Point-of-Sale Transaction: $1.00 Point-of-Sale Transaction (U.S.): $5.00 Direct Payment: $1.00 Bill Payment: $1.00
        • LDCU Regular Chequing is a $5.95-per-month pay-as-you-go chequing account with unlimited free in-branch and electronic deposits, Interac e-Transfers, and withdrawals at LDCU and EXCHANGE Network ATMs. Cheques and in-branch withdrawals cost $1.50 each, while pre-authorized debits, debit purchases, direct payments, and electronic bill payments cost $1 each.

        Deposit Insurance

        Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.

      Savings Accounts

      • Savings Account

        Account: High Interest Savings

        Interest Rate
        0.25%
        Standard Fee
        $5.95/mo
        Insurance Limit
        Unlimited
        • LDCU High Interest Savings is a $5.95-per-month savings account, with the monthly fee waived when included in a package account. Interest is calculated on the closing daily balance and paid monthly. In-branch and electronic deposits, automatic transfers to other LDCU accounts, and Interac e-Transfers are available. MEMBER CARD debit purchases are not available.

        Deposit Insurance

        Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.

      Key Financial Metrics and Trends

      As of: December 31, 2025
      Metric20255-Year Change
      Assets$354MN/A
      Loans$287MN/A
      Deposits$332MN/A
      Loan-to-Deposit Ratio86.4%—
      Mortgages + HELOCs$223MN/A
      Securities$43MN/A
      Revenue$10MN/A
      Efficiency Ratio76.4%—
      Target Members / RegionLadysmith, Vancouver Island—

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      Contact

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      Disclaimer:

      • Any analysis or commentary reflects the opinions of WOWA.ca analysts and should not be considered financial advice. Please consult a licensed professional before making any decisions.
      • The calculators and content on this page are for general information only. WOWA® does not guarantee the accuracy and is not responsible for any consequences of using the calculator.
      • Financial institutions and brokerages may compensate us for connecting customers to them through payments for advertisements, clicks, and leads.
      • Interest rates are sourced from financial institutions' websites or provided to us directly. Real estate data is sourced from the Canadian Real Estate Association (CREA) and regional boards' websites and documents.