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…
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…
When choosing a mortgage, understanding how flexible terms can benefit you is key. A flexible mortgage allows you to adjust your payment schedule, access home equity when needed, and adapt to changes in your financial situation. This type of mortgage gives you the freedom to manage your loan according to your life’s evolving needs,…
As summer comes to a close and Labour Day signals the unofficial start of fall, many of us at OCU recognize the common financial concerns that arise this time of year. With back-to-school shopping behind us and students heading off to college, it's easy to feel the financial strain. The start of fall is…
At OCU, we understand that home renovations are exciting but can also be overwhelming when it comes to financing. Recently, Roxanne Davyduke, OCU's Chief Operating Officer, shared some great insights on Bounce Radio about the various financing options available for homeowners looking to renovate. Listen to the interview here. Roxanne began by addressing one of…
At OCU, we understand that buying your first home is one of the most significant milestones in your life. To help you achieve this dream, we're excited to offer the First Home Savings Account (FHSA), a powerful tool designed to make saving for your first home easier and more rewarding. Let's dive into some…
In order to explore the potential for additional value creation in the products and services that OCU is able to provide you, your Board of Directors has initiated discussions with Summerland Credit Union (SCU) and Revelstoke Credit Union (RCU) about the possibility of joining forces through a merger. Any such transaction will require the…
Credit card debt can quickly get out of hand. High interest rates cause your balance to grow while paying fees across multiple banks adds unnecessary financial strain. The good news is that consolidating your credit card debt can save you time and money. An OCU Collabria credit card can help you pay of your debt,…
Congratulations to the grad class of 2024 and the recipients of three OCU bursaries and one scholarship! We are proud to recognize these hard working students for their determination and accomplishments. May your future be filled with endless possibilities and success! Pictured below are OSS graduates and OCU bursary recipients Mattie Sabo and Kaitlyn Hillson…