Ladysmith & District Credit Union
This Page's Content Was Last Updated: July 21, 2026
Important Information
WOWA.ca is an independent financial comparison platform and is not affiliated with Ladysmith & District Credit Union.
Read our independent Ladysmith & District Credit Union review to compare financial metrics, chequing fees, and branch locations across British Columbia. As of 2026, Ladysmith & District Credit Union ranks #82 among Canadian credit unions with $354 million in total assets.
Quick Jump: Chequing & Savings Accounts|Financial Metrics
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
Number of Members (as of 2025): ~5,000
Ladysmith & District Credit Union Ranking Among Credit Unions Monitored by WOWA
82nd
by Assets
of 134 credit unions
81st
by Loans
of 133 credit unions
81st
by Deposits
of 133 credit unions
Ladysmith & District Credit Union ranks 82nd among Canadian credit unions by assets monitored by WOWA, 81st by loans, and 81st by deposits, as of December 31, 2025. You can view the complete list of Canadian credit unions here.
Ladysmith & District Credit Union Branch Locations
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
| Metric | 2025 | 5-Year Change |
|---|---|---|
| Assets | $354M | N/A |
| Loans | $287M | N/A |
| Deposits | $332M | N/A |
| Loan-to-Deposit Ratio | 86.4% | — |
| Mortgages + HELOCs | $223M | N/A |
| Securities | $43M | N/A |
| Revenue | $10M | N/A |
| Efficiency Ratio | 76.4% | — |
| Target Members / Region | Ladysmith, Vancouver Island | — |
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Contact
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