'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,…
Financial Literacy
This page is your go-to resource for practical advice, helpful tips, and expert insights to make managing your money easier. Whether you’re looking to save, invest, or simply understand your options, we’re here to help you build confidence and achieve your financial goals—one step at a time.
Flexible Financing: Your Guide to Line of Credit and Personal Loans
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…
Harnessing the Power of Regular Financial Advice Sessions
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
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…
How to Spring Clean Your Finances
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…
Managing Your Money with Rising Interest Rates and Inflation
OCU's Greg Sol chatted with Brock Jackson at Bounce Radio about how to manage money and even come out ahead in this environment of rising interest rates and inflation. There are strategies that can be used when interest rates are rising, while also planning for the possibility of rates going down in the future.…
Strong PAC: New Password Requirements Now in Online Banking
What is Strong PAC and Why is OCU Implementing It? The safety and security of our members is our top priority. A Strong PAC strengthens your current password (PAC) by adding certain requirements, like uppercase and lowercase letters, numbers and special characters. Your PAC is the password you use to access online banking or…
Answering Questions About Debt and Finances
Finances can be a source of anxiety and shame for many, especially following the holidays. OCU's Greg Sol chatted with Brock Jackson at Bounce Radio about how confronting your situation and making a plan can help you achieve financial freedom. Listen to the radio interview here: https://on.soundcloud.com/4Z4qR
Benefits of investing in an RRSP and TSFA
Seeking financial advice, reassessing finances, and implementing new financial goals are often at the top of the list for our clients at OCU. One of the most common questions we hear our clients ask their financial advisor at Osoyoos Credit Union is whether they should contribute to a TFSA or invest in an RRSP. We recommend learning more about the benefits…
Essential Pieces of Financial Planning Advice You Should Know
While you can always reassess your financial planning at any time, an ideal time to do it is at the end of the year. It will provide the clearest picture of your financial situation and help you decide on any wealth management services you might need for the new year. Below are a few simple…