The Board and Staff of the Dundalk District Credit Union showed their community support, as they pledged a total of $50,000 to the Together In Care campaign for the New Markdale Hospital.
When the campaign began many years ago to build a new hospital in Markdale, the Dundalk District Credit Union stepped forward with a significant contribution, and now that this long-awaited project is finally underway they stepped up again to provide additional and much needed financial support for the new hospital.
“All of us at the Dundalk District Credit Union live and work right here in the area served by Markdale Hospital and each one of us has been personally impacted in some way during the course of our lives by the benefits of local health care services and the excellent care provided here in our rural community. We understand the importance of having a new hospital right here in Markdale” stated Janice Mason, CEO of the Dundalk District Credit Union.
“We are very proud to be partnering with the Dundalk District Credit Union as we improve health care in our communities through this new hospital. Their donation will have a positive impact on the lives of many for decades to come” stated Harvey Fraser, Chair of the Together In Care campaign, and Centre Grey Health Services Foundation.
As of the end of March, construction of the new Markdale Hospital was 35% complete and running on schedule. Roofing is now underway. The 78,000 square foot facility is on target to open in mid 2023.
Dundalk Credit Union now offers low down payment residential mortgages in an effort to make your home ownership dream a reality. In the past year a partnership was developed with Genworth Canada to enable Dundalk Credit Union to offer insured high ratio mortgages to home buyers. In Canada, mortgage insurance is required on mortgages with a down payment of 20 per cent or less. This insurance protects the credit union in case of borrower default.
Mortgage Insurance can help you achieve the dream of home ownership sooner by allowing you to purchase a home with a small down payment, and still benefit from the competitive interest rates that buyers, who have more savings to use as a down payment on a home, enjoy. Mortgage insurance premiums are based on the amount of the mortgage. Our mortgage lenders will be happy to answer your questions and help you get a mortgage that works for you.