Invest in Your Future With a
Credit Union
As a member, you are your credit union’s most important investment. Your financial security and growth is integral to our financial security and growth. And BC credit unions have got a pretty enviable track record of growth, reflecting the financial achievements of our members (with our help). Pooling members’ resources, we use our expertise to make sound investments—expertise we enthusiastically pass on to you. From strategic financial advice to negotiating a comprehensive range of money-earning options, we’ll get your money working for you. Because your future is our future.
Investment services vary according to the credit union. Below is a brief overview of basic investment options. For more information, contact your local credit union. Find a credit union near you.
Financial Planning
How to organize your money. Where to invest. How to build equity for a secure future. Your credit union will erase your frown and replace it with a smile, by helping you understand and tailor a personal or business money management program, whatever the size of your account(s).
RRSPs/RRIFs
You shouldn’t spend your golden years worrying about money. From helping you figure out how much to contribute, to explaining the terms and fine print, we’ll take the mystery out of Registered Retirement Savings Plans and Registered Retirement Income Funds, and set up an investment program based on your income. To see how an RRSP can work for you, check out our RRSP calculator.
RESPs
Thinking about a post-secondary education for your children or for yourself? A RESP is a Registered Education Savings Plan, which is a savings plan that will help you meet the rising cost of a post-secondary education. And, with the Canada Education Savaings Grant (CESG), enhanced Canada Education Savings Grant (eCESG) and Canada Learning Bond (CLB), you'll receive additional funds on top of your annual contribution. What could be better than receiving free money!
For more information or to set-up a RESP, visit your local credit union. We'll help you set up a payment plan you can afford.
To see how a RESP can work for you, check out our RESP calculator.
Mutual Funds
Credit unions are all about pooling resources for a mutually beneficial financial outcome. So when it comes to mutual funds, doesn't it sound like a good idea to talk to the experts at your local credit union?
Insurance
Life insurance. Disability insurance. Property and liability insurance. Motor vehicle insurance. We’re pleased to consult with you to help you obtain an insurance policy suited to your needs and finances.
Brokerage Services
Many BC credit unions are equipped to broker a comprehensive range of investment options through a registered investment dealer. Talk to us about it.
Term Deposits
Although many credit unions offer a cashable term deposit, most term deposits are fixed investments that vary in length from 30 days up to five years and may or may not be redeemable prior to maturity. Minimum deposits are usually required. The interest rate is guaranteed for the duration of the term. Contact your local credit union for more information.
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