What is an RRSP? An RRSP is a Registered Retirement Savings Plan. It is a registered account into which you and your spouse or partner can contribute money for your retirement. RRSP contributions can be used to reduce the amount of tax you pay. And any income you earn in the RRSP is (usually) exempt…
You might’ve heard that personal debt is the largest financial concern facing Canadians in 2020. This is the 10th year running that debt repayment has topped CIBC’s list of financial priorities. Canadians otherwise expect the costs of household goods to continue to rise. And, if you’re like many others, you’re concerned that you lack the…
Unsure on how to get started saving for retirement? What if you had some real life strategies that can help you realize your retirement dreams? We are hosting an interactive workshop to help you get on track and find the cash to start saving for retirement. Join us for an informative session on RRSPs: Date:…
No one has told you that having a baby is super inexpensive, and if they did, they are definitely telling you that as a joke. The average cost to raise a child to the age of eighteen in Canada is the not at all small sum of $243,660. This amounts to about $13,500 per year (and…
Apple Pay has made it easy for Osoyoos Credit Union members to make payments with their Osoyoos Credit Union Collabria credit cards for easy shopping and purchases. Like other payment methods, members using Apple Pay will enjoy eligible rewards, benefits, and security for their payment. What Is Apple Pay? Apple Pay is a digital wallet…
Looking for spooktacular family friendly fun? Trick or treat Main Street is back! Costume clad kids and their families are invited to bring their Halloween spirit and trick or treat along Main Street. Stop by Osoyoos Credit Union to enter the costume contest for great prizes! You can also say hi to Brock Jackson…
Worried about outliving your money? With different budgeting methods, you can avoid outliving your personal finances. Our credit union offers an array of services that can help you execute different budgeting methods and subsequently have enough monies to live comfortably now, and during your golden years. Trust us when we say, you’re not alone in…
The season of migration is here! The birds are flying south, the winds are heading north, and CUETS is moving your credit card to MBNA. That’s why we want to offer you up to 2,500 bonus reward points upon activation and first-use for any new Osoyoos Credit Union Collabria credit card. Why apply for…
At Osoyoos Credit Union, we often talk about how digital solutions can improve our financial institution services. More specifically, our team discusses how digital banking can enhance our members’ user experience with our financial institution. If you are a regular credit union member, online shopper, tech-savvy person or have taken out a loan, you may…
A savings account is a great place to keep cash that you don’t plan to spend immediately. These accounts keep your money safe and accessible while paying you interest, but there are several different types of savings accounts to choose from. Each option has different features, so it’s important to understand what's available. Osoyoos Credit…