Merger set to take effect July 1, 2025, creating a stronger, united credit union rooted in local values Osoyoos, Revelstoke, and Summerland (June 5, 2025) -Between May 26 and June 2, Osoyoos Credit Union, Revelstoke Credit Union, and Summerland Credit Union members cast their vote in favour of the proposed merger. With strong support from members…
The Credit Union Foundation of BC was established by BC credit unions in 1958 to support our members in their journey through post-secondary education. In this co-operative spirit, credit unions have helped thousands of members pursue their dreams and in turn build stronger and more vibrant communities. The CUFBC has three application periods each…
We are excited to announce that Osoyoos Credit Union, Revelstoke Credit Union, and Summerland Credit Union are heading to a member vote on the proposed merger of our three credit unions. This significant step follows the consent received from the BC Financial Services Authority (BCFSA). The voting period will be from May 26 to…
Making tax season easier and more affordable. OCU has teamed up with TurboTax, Canada’s #1 best-selling tax software, to offer our members a 20% savings. Whether you do your taxes on your own, with some help, or hand them off to an expert, here’s how TurboTax has you covered. Remember, this year’s deadline is April…
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…
As of March 3rd, 2025, Osoyoos Credit Union (OCU) will be open Monday to Friday, from 9:30am – 5:00pm, and closed on Saturdays (originally open 9:30am–2:30pm). Saturday, March 1st will be our last open Saturday. This change comes in response to an increased demand for services at the start of the week and a careful…
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…
Debt can feel like a weight pressing down on every aspect of our lives, casting a shadow over our aspirations and limiting our financial freedom. Whether it's student loans, credit card debt, or multiple outstanding loans, the burden of repayments and varying interest rates can be overwhelming. Debt consolidation is one way that you…
Pictured: The Mt. Baldy Alpine Club received a Community Giving Grant for $3,200. OCU Awards $24,800 in Grants to Local Groups November 21, 2024: Osoyoos Credit Union (OCU) is proud to announce $24,000 in grants awarded to 11 local groups through its Community Giving Fund. This year’s grants will support projects that enhance quality of…
At OCU, we're passionate about helping our members lead simpler, greener lives, which is why we're excited to promote e-statements! Why should you switch to e-statements? It's Free: Say goodbye to the costs associated with printing and mailing paper statements. By opting for e-statements, you save money. It's Better for the Environment: Going digital reduces…