Tuesday to Friday
9:30 am to 5:00 pm
Saturday
9:30 am to 2:30 pm

  Ph. 250.495.6522
Fax. 250.495.3363
Email. [email protected]

Opening an Account

Who Can Become a Member?

Anyone! Our credit union isn’t restricted to a certain group of people. At Osoyoos Credit Union we welcome anyone who wants the best in financial products and a more personal, friendly approach to professional financial service. As a member/owner of the credit union, you enjoy all the privileges of membership. You are no longer a customer!

How Can I Become a Member?

It’s easy. Simply walk into our office and open a membership Equity Share Account (25 shares for regular and business account members; 5 shares for junior members). These shares give you a voice in the credit union. No longer are you just a customer; you become a member/owner with the right to vote on all issues that may affect you. You even have the opportunity to vote for your Board of Directors.

When You Become a Member At Osoyoos Credit Union, we like to simplify banking for our members. That’s why as a member you will be given just one number for all your deposit and loan accounts. With our one membership number/one statement system you will receive our comprehensive statement, giving you the status of all your deposit accounts, loans, mortgages and RRSPs at a glance. Transactions are noted in plain English, allowing you a clear view of your complete financial picture.

 

To open a personal membership with Osoyoos Credit Union you will need your Social Insurance Number plus any current signed identification, which could include the following:

Acceptable Primary ID (with photograph)

  • BC or other Provincial Driver’s Licence with photograph (not interim)
  • Current Canadian passport
  • Passports from other countries
  • Canadian Armed Forces ID Card
  • Permanent Residence Card
  • Other (must have picture, description, signature, security features, expiry date)

Acceptable Secondary ID (with signature):

  • Canadian Birth Certificate
  • Other Provincial Driver’s Licence (without photograph)
  • Credit Card – Visa®, MasterCard®, American Express® etc
  • BC Identification Card issued by ICBC
  • Certificate of Indian Status Card
  • Certificate of Canadian Citizenship
  • BC CareCard
Book an Appointment
Hold Policy on Cheque Deposits

The following information will assist you in understanding our hold policy on cheques deposited to personal or business deposit accounts. When you process a deposit through our office a hold period may apply for your cheque to clear before the funds are available to you. The funds will be credited to your account at the time of deposit, but you may not be able to access the funds immediately.

Equity Shares

Equity shares represent our members’ investment in the credit union. A member may subscribe for up to 1,000 equity shares under a single membership. These funds must stay on deposit as long as you have an account with the credit union. The dividend rate is based on the previous year’s net income and is set by the Board of Directors after the minimum capital requirements of the credit union are met. The Credit Union Deposit Insurance Corporation does not cover equity shares.

From Individuals to Businesses to
Communities, We Can Help.

Personal Accounts

If you are interested in a Personal Account, please click on the button below for more information.

  Banking
  Investing
  Insurance
  Borrowing
  Wealth Management
Learn More

Business Accounts

If you are interested in a Business Account, please click on the button below for more information.

  Banking
  Investing
  Insurance
  Borrowing
  Wealth Management
Learn More

Community Accounts

A community service account is available for those services within the community that are not-for-profit and are deemed to exist for the general good of the community at large. Examples of these types of accounts would include but not be limited to:

  Service clubs
  Sports teams
  Boys and girls clubs
  Youth groups
Learn More