Opening an Account
Who Can Become a Member?
Anyone! Our credit union isn’t restricted to a certain group of people. At Osoyoos Credit Union we welcome anyone who wants the best in financial products and a more personal, friendly approach to professional financial service. As a member/owner of the credit union, you enjoy all the privileges of membership. You are no longer a customer!
How Can I Become a Member?
It’s easy. Simply walk into our office and open a membership Equity Share Account (25 shares for regular and business account members; 5 shares for junior members). These shares give you a voice in the credit union. No longer are you just a customer; you become a member/owner with the right to vote on all issues that may affect you. You even have the opportunity to vote for your Board of Directors.
When You Become a Member At Osoyoos Credit Union, we like to simplify banking for our members. That’s why as a member you will be given just one number for all your deposit and loan accounts. With our one membership number/one statement system you will receive our comprehensive statement, giving you the status of all your deposit accounts, loans, mortgages and RRSPs at a glance. Transactions are noted in plain English, allowing you a clear view of your complete financial picture.
To open a personal membership with Osoyoos Credit Union you will need your Social Insurance Number plus any current signed identification, which could include the following:
Acceptable Primary ID
(with photograph)
- BC or other Provincial Driver’s Licence with photograph (not interim)
- Current Canadian passport
- Passports from other countries
- Canadian Armed Forces ID Card
- Permanent Residence Card
- Other (must have picture, description, signature, security features, expiry date)
Acceptable Secondary
ID (with signature)
- Canadian Birth Certificate
- Other Provincial Driver’s Licence (without photograph)
- Credit Card – Visa®, MasterCard®, American Express® etc
- BC Identification Card issued by ICBC
- Certificate of Indian Status Card
- Certificate of Canadian Citizenship
- BC CareCard
Hold Policy on Cheque Deposits
The following information will assist you in understanding our hold policy on cheques deposited to personal or business deposit accounts. When you process a deposit through our office a hold period may apply for your cheque to clear before the funds are available to you. The funds will be credited to your account at the time of deposit, but you may not be able to access the funds immediately.
From Individuals to Businesses to
Communities, We Can Help.
Personal Accounts
If you are interested in a Personal Account, please click on the button below for more information.
| Banking |
| Investing |
| Insurance |
| Borrowing |
| Wealth Management |
Business Accounts
If you are interested in a Business Account, please click on the button below for more information.
| Banking |
| Investing |
| Insurance |
| Borrowing |
| Wealth Management |
Community Accounts
A community service account is available for those services within the community that are not-for-profit and are deemed to exist for the general good of the community at large. Examples of these types of accounts would include but not be limited to:
| Service clubs |
| Sports teams |
| Boys and girls clubs |
| Youth groups |