Compensation Employees Credit Union - Serving Employees of WorksafeBC and their families
Milestone Reached in Proposed Merger Between CECU and Beem
We are excited to share that the Proposed Merger between Compensation Employees Credit Union (CECU) and Beem Credit Union (Beem) has reached a major milestone. The Superintendent of Financial Institutions has given consent for CECU to move forward with a member vote. This follows unanimous endorsement from both boards on the benefits we believe this proposed merger will bring to our members, employees, and the communities we serve.
Learn more at an upcoming information session
To attend an information session, we ask that members register no later than three (3) days prior to each event by visiting TogetherWeAreBetter.ca/info-session
In-Person Information Sessions
CECU members are invited to attend one of two in-person sessions at the CECU branch at 6951 Westminster Hwy, Richmond to ask your questions about the Proposed Merger.
March 26, 2025 at 12:00-1:00 pm
April 10, 2025 at 12:00-1:00 pm
About Compensation Employees Credit Union
Compensation Employees Credit Union is a closed-bond financial institution that has been serving employees of WorkSafeBC and their families for over sixty years.
We pride ourselves on delivering friendly, professional service, offering competitive products and caring about and meeting the needs of our members. It does not take long to realize that things are different here. As part of the Central1 Credit Union System we have the same strength and backing as any other Credit Union, but our unique bond keeps us grounded and connected to the people that we serve.
As a local Credit Union we love to give back to the community – both the WorkSafeBC community and the larger community through Cops for Cancer – an initiative that raises money for Camp Goodtimes and Pediatric Cancer research. We also give back to our members by returning a consistently strong dividend.