When choosing a mortgage, understanding how flexible terms can benefit you is key. A flexible mortgage allows you to adjust your payment schedule, access home equity when needed, and adapt to changes in your financial situation. This type of mortgage gives you the freedom to manage your loan according to your life’s evolving needs,…
As summer comes to a close and Labour Day signals the unofficial start of fall, many of us at OCU recognize the common financial concerns that arise this time of year. With back-to-school shopping behind us and students heading off to college, it's easy to feel the financial strain. The start of fall is…
At OCU, we understand that home renovations are exciting but can also be overwhelming when it comes to financing. Recently, Roxanne Davyduke, OCU's Chief Operating Officer, shared some great insights on Bounce Radio about the various financing options available for homeowners looking to renovate. Listen to the interview here. Roxanne began by addressing one of…
At OCU, we understand that buying your first home is one of the most significant milestones in your life. To help you achieve this dream, we're excited to offer the First Home Savings Account (FHSA), a powerful tool designed to make saving for your first home easier and more rewarding. Let's dive into some…
In order to explore the potential for additional value creation in the products and services that OCU is able to provide you, your Board of Directors has initiated discussions with Summerland Credit Union (SCU) and Revelstoke Credit Union (RCU) about the possibility of joining forces through a merger. Any such transaction will require the…
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. An OCU Collabria credit card can help you pay of your debt,…
Congratulations to the grad class of 2024 and the recipients of three OCU bursaries and one scholarship! We are proud to recognize these hard working students for their determination and accomplishments. May your future be filled with endless possibilities and success! Pictured below are OSS graduates and OCU bursary recipients Mattie Sabo and Kaitlyn Hillson…
At OCU, we are thrilled to announce the release of our new video, which captures the heart and soul of our credit union. Our mission is to serve our community, and this video beautifully illustrates the impact we have on the lives of our members. Here’s a glimpse into the stories shared in the video:…
Osoyoos Credit Union Expands to Keremeos: Embracing Community and Innovation The following article was published in Keremeos Review: After serving its community and proudly supporting local events for more than 75 years, the Osoyoos Credit Union (OCU) is excited to be in Keremeos. Modeled after its successful Rock Creek branch, OCU has expanded and is…
If you tuned in to a recent radio interview between Brock Jackson and Greg Sol from OCU, you might have caught wind of an important conversation: the significance of financial education for young people. As the dust settles on B.C. Youth Week, the focus shifts from celebration to a more sobering reality — the need…
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