Credit card debt can quickly get out of hand. High interest rates cause your balance to grow while paying fees across multiple banks adds unnecessary financial strain. The good news is that consolidating your credit card debt can save you time and money. What does it mean to consolidate your credit card debt? Consolidating debt…
The Federal Government quickly implemented a host of subsidies, payments, accounts, and benefits designed to stimulate the economy and keep businesses afloat during the COVID-19 pandemic. CEWS and CEBA (which we previously covered) are two measures that have been brought in for businesses. What is the CEWS? The Canada Emergency Wage Subsidy is a subsidy…
The Canada Emergency Business Account (CEBA) offers relief measures for small Canadian businesses. It is designed to provide additional capital to small businesses to see them through the current economic disruption and uncertainty caused by the COVID-19 pandemic. You can read more about the CEBA on the Federal Government web page. Eligibility Criteria for the…
A sad reality is that there are people who will attempt to take advantage of people during times of uncertainty and fear. We wish it wasn’t so, but it is. Right now, there are cybersecurity scams circulating the internet targeting people who want information about COVID-19. We want to help you protect yourself against them.…
The CRA has partnered with eligible financial institutions to make receiving the Canadian Emergency Response Benefit easier for you. We're one of them! So, all our members are able to quickly and easily sign up to receive payments straight into your OCU account via secure direct deposits. Before we outline the process, we want to…
Hi Everyone, There are so many new things to think about with all the changes happening in our community, country and the world. New ways of shopping, eating and certainly banking. In the past few weeks, we have had to make incredible adjustments to our normal way of doing things to make sure that staff…
At Osoyoos Credit Union, we say together, we’re better. The current crisis has already caused financial stress for many of us. Unfortunately, it looks set to continue in the near future. We value you. So we thought we’d lay out some of our best tips for budgeting and planning during the COVID-19 crisis. Budgeting during…
Our team is taking the health and safety of staff and members as a priority. As of Tuesday, March 24th our branch hours will be: Tuesday to Saturday: 10am to 2pm We know that accessing your money is important. We will continue to serve our membership at the branch and we are confident that we can…
As the COVID-19 outbreak continues to evolve, I want you to know that OCU is doing everything we can to support you through this difficult time. I can assure you that we are taking added precautions to keep our members and employees safe. This is our number one priority. When it comes to your business,…
Notice of Meeting: 74th ANNUAL GENERAL MEETING - Postponed The Osoyoos Credit Union Annual General Meeting scheduled to be held in May of 2020 at the Watermark Beach Resort, 15 Park Place, Osoyoos B.C., is postponed with plans to hold the meeting later in the year. The election to fill three Director vacancies will go…
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