As the RRSP contribution deadline nears, the choice between Tax-Free Savings Accounts (TFSAs) and Registered Retirement Savings Plans (RRSPs) becomes an important consideration. Let's look at these options and delve into a detailed comparison to help you make a well-informed decision. Both TFSAs and RRSPs offer tax advantages that can help you achieve your savings goals. If…
Why We Should Talk About Money Money is a topic that often feels off-limits. Many of us grew up in households where discussing finances was seen as impolite or too personal, which has created a lingering social stigma around talking about money. Yet, breaking this taboo is essential for financial well-being and literacy. Why Money…
Cyber security is always a priority, but October’s Cyber Security Awareness Month offers a great opportunity to deepen our understanding of fraud prevention and refresh our online safety skills. At OCU, we are committed to protecting our members’ financial security. This October, we’re joining the global effort to raise awareness about cyber threats and…
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…
Fraud Prevention Month is a month-long campaign in March to raise awareness about different types of fraud, how to recognize them, and how to prevent becoming a victim of fraud. Throughout the month of March, OCU will be joining other organizations, government agencies, and law enforcement bodies to provide education and resources to the public…
'Tis the season for festive cheer, twinkling lights, and the joy of giving. However, amidst the merriment, the holiday season can sometimes lead to financial stress. As we wrap up Financial Literacy Month, it's the perfect time to delve into responsible financial strategies to ensure a joyful celebration without breaking the bank. At OCU,…
AT OCU, we believe that everyone deserves access to the financial support they need to achieve their dreams. Whether you're planning a home renovation, covering unexpected expenses, or simply looking to secure some extra funds for a rainy day, our line of credit and personal loans are designed to give you the financial freedom…
Stay on Track with OCU, Even in Irregular Circumstances Life is full of unexpected twists and turns, and when it comes to your finances, having a solid plan in place is crucial. As a member of OCU, you have a unique advantage when it comes to navigating uncertain times. Regular financial advice sessions with one…
6 Tips for Saving Money on Your Next Home Renovation Project Home renovations can be a great way to increase the value of your property and make your living space more comfortable and functional. However, the costs associated with home renovations can quickly add up, leaving many homeowners feeling overwhelmed and financially stretched. If you're…
Spring cleaning your finances is a great way to declutter and organize your financial life. Like your closet and garage, money management can also get cluttered over the long winter months. A cluttered house or cluttered mind can make you feel unproductive. It’s the same thing when your finances are disorganized. OCU's Greg Sol spoke…