Banking with credit unions makes you a member, not a customer.
Here's what that means.
Credit unions are financial institutions which, like banks, provide every financial service you can think of from chequing and savings accounts, to retirement savings, business banking, credit cards and mortgages.
It's a big offering, built on a century of experience serving members in Canada.
Credit unions are co-ops. That means you are a member, not a customer, when you bank with a credit union. The only requirement for becoming a member is opening an account with a credit union.
Credit union members are also owners. That means that rather than being owned by shareholders, credit unions are owned by members who bank with them. That makes members their partners, and gives them a voice in the way things are done.
When members prosper, credit unions prosper too. Their commitment to communities they serve runs deep. They prioritize people over profit, and keep money local.
It's banking, served with a side community.
Great question! If you're interested in becoming a credit union member, your first step is to connect with your preferred credit union.
Their experts are ready to help you on your financial journey.