Your Neighbourhood Credit Union Limited fined CA$17K by FINTRAC
- Amount
- CA$16,500
- ≈ $12K at the notice date
- Regulator
- FINTRAC
- Financial Transactions and Reports Analysis Centre of Canada
- Date
- Country
- Canada
- Credit union
What happened
Your Neighbourhood Credit Union Limited, a provincial credit union headquartered in Kitchener, Ontario, was imposed an administrative monetary penalty of $16,500 on August 10, 2026, for committing 1 violation. Your Neighbourhood Credit Union Limited has paid the administrative monetary penalty in full and the case is closed.
Violations
Controls that catch this
- Transaction Monitoring: scenario coverage, alert review and SAR workflow
- Customer risk assessment that blocks or escalates high-risk onboarding
- Case management with an audit trail for every decision
Sources
- Regulator's notice Official
Doing business with Your Neighbourhood Credit Union Limited? Check the company and its owners against sanctions lists for free.
Run a sanctions checkRelated fines
| 24 Sep 2026 | Caisse populaire acadienne ltée | FINTRAC | CA$676,500 |
| 24 Sep 2026 | Caisse populaire Alliance limitée | FINTRAC | CA$82,500 |
| 24 Sep 2026 | Pathwise Credit Union | FINTRAC | CA$41,250 |
| 3 Sep 2026 | The New Brunswick Lotteries and Gaming Corporation | FINTRAC | CA$399,712.5 |
| 3 Sep 2026 | Nova Scotia Gaming Corporation | FINTRAC | CA$231,826 |
Figures and summaries come from the regulator's published notice or, where noted, press reports. Penalties can be reduced, appealed or combined with other agencies' actions. Last reviewed by our compliance team: 27 Oct 2026.