Question: How does a Credit Union operate? Answer: Banks generally function on a system whereby you do not need to be a customer to be a shareholder and vise versa. Credit Unions operate as community based financial organizations in which you, the member, essentially own your bank! With the Credit Union, the titles of member and shareholder are one in the same, meaning that we are not only available to focus on your banking needs, but also to hear your opinions on the day to day workings of the Credit Union. Your level of involvement in the democracy of the Credit Union can be as much or as little as you desire.
Question: What are the benefits of joining the Credit Union? Answer: Credit Unions thrive on the concept of local money, local people, and local benefits! When you invest your money in the Credit Union, it remains within your direct area, fueling the community as a whole. Putting you first is what we are all about. That is why we are proud to offer you a banking venue that is convenient and insists on competitive rates. Internationally, surveys have consistently indicated that members are more satisfied with the service they receive from their Credit Union than customers of other banking institutions!
Question: How do I become a member? Answer: Upon opening an account with us, you place an investment of $100.00, which returns to you, should you ever decide to close your account. It is crucial to note that this is not a sign up fee, but rather an investment from which you will see benefits. To become a member of our community, contact one of our friendly member service representatives at any time by phone or in person!
Question: What exactly is a Credit Union? Answer: A Credit Union is a financial institiution, owned and controlled by the members who use its services. Credit Unions are Not-For-Profit and exist to provide you with a safe and convenient atmosphere in which to manage your money.
Online Trading
Coordinate your online investments with your chequing account any time you want with Credential Direct ®! Online trading is powerful, fast and efficient.
20th Anniversary Celebrations!
Please visit the Contest section of the website to answer the trivia question correctly on the history of the Codroy Valley Credit Union and be entere Click here for more.
