When the Soviets began returning to Lithuania in 1944 for the second time, hundreds of thousands of Lithuanians left their farms and possessions, to begin their long and weary trek westward in hope of refuge from the impeding reign of terror. By 1948 some of these refugees found their way to Hamilton.
By 1955, Hamilton was home to a substantial Lithuanian community, with its own church and many cultural organizations. At this time some of the more visionary community leaders, dissatisfied with the service provided by the local banks, saw the need for their own financial institution. Beginnings were humble, a one person operation working out of his home and on Sundays from a small room at the parish church.
By 1955, Hamilton was home to a substantial Lithuanian community, with its own church and many cultural organizations. At this time some of the more visionary community leaders, dissatisfied with the service provided by the local banks, saw the need for their own financial institution. Beginnings were humble, a one person operation working out of his home and on Sundays from a small room at the parish church.
Services
You wish to challenge yourself by learn something new and interesting that adds to your own personal growth. Talka is a Member-Owned democratic co-operative organization governed by a Board of Directors. The Board bears ultimate fiduciary responsibility for Talka Credit Union protecting members' rights and financial assets and setting the risk appetite for the credit union.
Talka Credit Union takes pride in its community support initiatives through its student bursary program and donations to local organizations. Since 2010, Talka has contributed $300,000 to over 40 associations, foundations and parishes both within the Lithuanian community and outside.
Labdara Nursing Home, Canadian Lithuanian Foundation, Canadian Lithuanian Museum, Germania Club, Our Lady of Mercy Parish, St. Peter's Foundation and Teviks iburiai News are included among some of the previous years' recipients.Included in this total is $40,000 in student bursaries.
Labdara Nursing Home, Canadian Lithuanian Foundation, Canadian Lithuanian Museum, Germania Club, Our Lady of Mercy Parish, St. Peter's Foundation and Teviks iburiai News are included among some of the previous years' recipients.Included in this total is $40,000 in student bursaries.
We are compelled to helping our young Members obtain success in both their education and finances. Talka Credit Union is pleased to offer education awards to our students, and this is your opportunity to apply. 1. High School or previous year's government recognized higher learning institution's academic transcript.
Choosing where you bank is a big decision and we want you to know what sets us apart from other Financial Institutions. We pay approximately 50% of our profits back to our members annually through our Interest Rebates Program based on the amount of interest paid on their Loans and/or received on their Deposits.
Credit unions are not-for-profit financial cooperatives, owned by their members, the people who save and borrow there. Credit Unions are controlled through a board of directors elected by the membership. The Board is responsible for providing oversight of the credit union by ensuring compliance with regulation and policies but not the day-to-day operations.
