About OCU
Located at 8312 Main Street in downtown Osoyoos, British Columbia, the Osoyoos Credit Union has been serving its members since 1946! Since Osoyoos Credit Union is the only locally owned and operated financial institution in Osoyoos, our members look to us for superior service and competitive financial products while knowing that they have a direct voice in our future.
The Osoyoos Credit Union is a community based, member owned and governed organization and as such proudly supports many community activities either through direct participation or donations. Our new slogan, “Together we’re Better” is actually much more than just a slogan, it signifies the co-operative spirit between members, board, staff and the community, where we all work and live together successfully!
In 2006 Osoyoos Credit Union celebrated its 60th Anniversary and as part of that celebration, sponsored many events throughout the year culminating in the awarding of a $60,000 Legacy Award in October of 2006. The original recipients, the Osoyoos Splash Park, were unable to begin their project and the Legacy Award was subsequently awarded to the Osoyoos Museum Society. The Museum was able to obtain a matching grant which turned the $60,000 into $108,000 for the community museum. This is one more example of the success we have when we work together to improve our community and it emphasizes the meaning of our slogan, “Together we’re Better”.
From very humble beginnings the Osoyoos Credit Union has built a strong financial organization and a reputation as a leader in the community. Since 1998 Osoyoos Credit Union has grown from under $55 million in assets to over $111 million to the end of 2008. Over that period of time the Credit Union has paid out $3,586,466 in dividends and rebates to its members. In addition to this return, our Credit Union has invested many thousands of dollars in contributions to sports, cultural, environmental and other initiatives within the community. In addition to taking deposits, the Credit Union lends money to members at competitive rates for housing, business or other personal needs. We provide wealth management services, electronic banking, safety deposit boxes, debit cards and credit cards and many other services required by the modern consumer. Because we are locally owned and operated all decisions are made in Osoyoos and are made with the best interests of our members in mind.
In keeping with the growth of the community and its financial and service needs, Osoyoos Credit Union is constantly changing and improving. In the latter part of 2008 Osoyoos Credit Union began working on the development of a new Logo and Brand to better express our place in the community. In addition it has hired 1st Financial Building Corporation to perform a needs review to determine if Osoyoos Credit Union has the space and design to meet the future needs of our Members and Community.
We feel the new Logo and slogan “Together we’re Better” better reflects the partnership Osoyoos Credit Union has with its members, community, board and staff. Watch for even greater changes as Osoyoos Credit Union goes through a full face lift with the addition of 2100 square feet plus a 100% renovation to our existing building. We hope to commence construction by late September or early October 2009 with completion scheduled to be April/May 2010. All this to serve our members and community better. Drop by and watch the changes take place.
