Buying a home is likely to be one of the largest purchases that you make in your lifetime. If you are like most people, you will need to take out a mortgage to purchase a home rather than paying for it fully in cash. A mortgage is a long-term loan that is designed to help…
For over 75 years, OCU has been a community-based, member-owned and governed organization that has proudly supported the community and various community events through direct participation and donations. In keeping up with the growth of the community and its financial and service needs, OCU is constantly changing and improving. Not only have we continued to…
OCU has prided itself in being a community-based, member-owned and governed organization. For over 75 years, OCU has proudly supported the community and several community events through either direct participation or donations. Due to the ever-growing nature of the community and its financial needs, OCU strives to continue to change and improve to better serve…
For over 75 years, OCU has been a community-based, member-owned and governed organization that has proudly supported the community and various community events through direct participation and donations. In keeping up with the growth of the community and its financial and service needs, OCU is constantly changing and improving. Not only have we continued…
Starting a small business is incredibly exciting, but it can also be an overwhelming process. From naming your business to securing financing that will help you get your small business off the ground, it’s important to take your time and get a plan in place to help give you a strong foundation to build your…
When receiving a large sum of money such as an inheritance, knowing how to manage that money can sometimes become overwhelming. It’s important to remember that there are lots of other people who have gone through the exact same process, and the great news is that there are lots of great resources available that can…
When it comes to the overall health of your finances, credit plays a huge role in your ability to secure a loan, buy a home, and even get approved for a cell phone. Credit takes your financial habits into account, meaning that if you have been haphazard with spending, or have been unsuccessful in applying…
Saving for your retirement isn’t often something that people think about when they are just starting out as an adult. It might seem like you just started working, but the reality is that retirement is no longer a hazy concept far off in the future. Thinking about saving for retirement can seem like a daunting…
Commercial properties and business ownership often go hand-in-hand. Chances are, if you are a limited or incorporated business, you’ll likely require financial assistance in order to purchase commercial property. This means that you will likely have to get a commercial mortgage and it’s important to understand exactly what a commercial mortgage entails so you can…
The Financial Consumer Agency of Canada (FCAC) recently released the federal government's 5-year plan to improve financial literacy for Canadians. The plan includes creating financial literacy and wellness for all ages, as well as, support for increased digital access and literacy. Teaching your youth about financial literacy is essential to help prepare them for long-term…