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…
October 24, 2024 - OCU is proud to announce that, thanks to the dedication and hard work of its staff, $923 was raised from the recent bake sale held during International Credit Union Day. OCU has topped up the amount, bringing the total to $1,000, which will be presented to the South Okanagan Similkameen Medical…
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…
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:…
AT OCU, we understand that buying a home is one of the most significant financial decisions you'll ever make. That's why we're committed to providing you with the guidance and support you need to navigate the complex world of mortgages with confidence. OCU's Roxanne Davyduke chatted with Bounce Radio's Brock Jackson to share insights about…
'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’re constantly strengthening the tools we use to protect you, your account information, and your digital transactions. We are pleased to announce that Two-Step Verification (2SV) and Self-Serve PAC Reset for online banking is now live! The new login features were introduced on Wednesday, August 30th, 2023. *You will need to have your…
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…
Thank you to everyone who came out to celebrate the Grand Opening of our Keremeos branch! The OCU team hosted a free BBQ and had a lot of fun chatting with community members and answering questions about OCU and our new branch. The new OCU branch is located in the new Ambrosia building at…
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…