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Adjala Credit Union Survey

Adjala Credit Union is a local member owned cooperative bank that has been operating in Adjala for over 65 years. It has been consistently providing higher return than major banks for savings account. Adjala provides loans (mortgages and personal loans) and savings (GIC, TFSA, and open savings) at the branch which is open 3 days a week.

1.How long have you been living in the area?

Less than 1 year

1 to 2 years

3 to 10 years

More than 10 years

2.What is your age range?

3.Do you use the services of other financial institutions?

Yes

No

5.I will be interested in saving with Adjala Credit Union to earn higher return, if:

Adjala offers internet banking

Adjala offers the banking services I need

Adjala offers RRSP or RESP

Adjala opens 5 days a week

Branch location is convenient

I will not save with ACUL because I prefer to keep my savings with my primary bankReason: .

6.I will be interested in borrowing from Adjala Credit Union, if:

Adjala offers internet banking

Adjala offers the banking services I need

Adjala offers RRSP or RESP

Adjala opens 5 days a week

Branch location is convenient

The rate offered is better than other providers

I prefer to borrow from my primary bank

Reason: .

7.How much money on average do you put into savings (to all bank accounts including the one with Adjala Credit Union) per year?

No savings

Less than $1000 per year

$1,000 - $5,000

More than $5,000

15.If you currently DO NOT have deposit with Adjala Credit Union, what is the minimum return percentage that you will consider to make saving deposit at Adjala Credit Union?

The highest 1 year GIC rate provided among the major banks is 1.30% as at July 27.

3.5%

16.Would you recommend Adjala Credit Union to your family and friends? (members)

Yes

May be

No

Thank you very much for completing the survey.