How Starnews Began
Starnews Credit Union was formed in 1951 by a group of employees from the Toronto Star. At that time, mortgages and personal loans were difficult for the average worker to obtain. Recognizing the financial needs of fellow workers, the group decided to pool their money together and form a credit union that could provide banking products and services for the employees of Torstar Corporation, and their immediate family members.
Since 1951 a lot of things changed and Starnews has changed too. Today, we have state of the art technology and a vast array of financial products and services to offer our members. What has remained the same, is we are still owned and controlled by members, and we continue to offer personalized service through our committed and professional staff. While some banks are still making it costly for the average consumer to use their services, our mission is to be a financial co-operative that provides a full range of financial products and services for the shared benefit of the members to help them reach a higher goal.
Corporate Profile
At Starnews Credit Union, our goal is to provide our members with financial services at the least possible cost. We return profits to members in the form of bonus interest on deposits and interest rebates on loans and mortgages.
Vision Statement:
To be our members' first choice for financial products and services.
Mission Statement:
We are committed to helping our members achieve their financial goals; encouraging and facilitating the development of our team; participating in the growth of our communities.
