CECU News
Cops for Cancer

Every year the Credit Union is a key organizer of the Cops for Cancer Richmond Dinner & Fundraiser. 

Cops for Cancer Tour de Coast is a team of law enforcement and emergency services personnel, who embark on a 900 kilometer bike ride through different communities in the GVR over a 9 day period. Their goal is to raise funds and awareness supporting pediatric research and programs that support the families. The 2018 Cops for Cancer Tour de Coast kicks off on September 19th and ends on September 27th.

To welcome and support the Cops for Cancer Tour de Coast on the last night of their tour, we invite the community to our Cops for Cancer Tour de Coast Fundraiser on Wednesday, September 26th. The evening will feature dinner with great food, entertainment, silent & live auctions and more. We expect that there could be up to 400 people attending this event, including the entire Tour de Coast team.

12th Annual Cops for Cancer Richmond Dinner and Fundraiser

Wednesday, September 26th, 2018
Riverside Banquet Hall – Grand Ballroom
Corner of River Rd & Burdette, Richmond
$60 per person

For Tickets, Contact the credit union 604-276-3079
Website: www.c4crichmond.com  

Raffle Supporting Cops for Cancer

Tickets: $10 each
To purchase contact info@c4crichmond.com

1st PRIZE: AIRFARE for TWO
Airfare for 2 to any Westjet Destination donated by Westjet Value C$2,000+

2nd PRIZE: GOLF GETAWAY FOR TWO. 
2 nights stay at the Pemberton Valley Lodge & 2 rounds of golf for 2 donated by the Pemberton Valley Lodge Total value C$1,500


All proceeds to Canadian Cancer Society’s Cops for Cancer – Tour de Coast

Prize Draw: September 26th at 9:00pm during Richmond Community Fundraiser@ Riverside Banquet Hall, Richmond BC

More at www.c4crichmond.com


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Get Your Share Promotion

Get Your Share Promotion. 

You can take advantage of this great promotion from our friends at Central1*:

Join a BC Credit Union with regular payroll deposit and Experience a better way to bank!

New member signup bonus offer:  JOIN NOW AND WE'LL GIVE YOU $200
For details see www.getyourshare.ca Offer expires Sept 2017

*Offer available to new credit union members only. This means that if you’re already a member with another Credit Union (ie: Coast Capital, Van City Savings, etc) then you are not eligible for the $200 under this promotion.

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The year ending December 31, 2015 was another financially successful year for Compensation Employee's Credit Union. It was a year of growth and profitability, again resulting in a healthy return for members.

In 2015, the Credit Union experienced a 2.3% (700K) growth in Assets. Total Loans grew by 2.5% (655K), which included personal loans & mortgages. Total Deposits grew by 2.2% (623K). Investments in Central 1 stayed relatively the same. This change in the asset mix supported the Credit Union earning a healthy profit for members with an interest margin of 1.83% and net earnings at over $52K.

Read more...

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US cash services available

Now offering US Currency Exchange.

In response to the member survey we did late last year, the CECU has begun offering US currency exchange to our members. Currency exchange soft launched this month with US dollars and is already gaining in popularity and momentum. In the words of one member ‘It’s a great rate, and I don’t even have to go anywhere”

This is just one more way that the CECU is responding to the needs of our members, for current rates feel free to contact our offices during regular business hours.

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Our website is mobile friendly

The CECU is mobile and on the move.

Recently, one of our members invited us to come out to the Abbotsford office to talk to a small group of employees about the advantages of Credit Union membership. We had so much fun meeting with our members and sharing with them the heart behind all that we do. Plus it was great to finally put faces to names. With members all around the province it was awesome to get to connect with the people that we have been corresponding with for all these years.

This also served as a great reminder to us that we do our best work face to face – something that our members in the area offices have been missing out on. As a result the CECU is working on getting the tools in place that will allow us to visit the WorkSafeBC offices around the province and bring with us all that is great about the CECU.

If you would like us to come to your office to do a lunch and learn please contact us and we’ll be glad to coordinate something with you.

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cut interest with consolidation loans

The annual Consolidation Loan sale is underway again this year at the CECU.

If you're ready to get your debt under control now is a great time to do so as we are offering consolidation loans at just 5% for a limited time. With the convenience of payroll deduction and the flexibility to make larger payments we welcome the opportunity to help our members get back into the black. This is our third year doing this promotion and we have seen some great successes.

If you're ready to take the next steps, please contact us and we’ll gladly send out an application.

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general meeting

Thanks to all who came out!

Our 61st Annual General Meeting was held on April 21st 2015 in the Richmond Campus auditorium, and for those who attended there was a lot of good news – and, as always, some fun prizes. The Credit Union was once again able to maintain profitability and pay a strong dividends to its members. Under the leadership of our General Manager and our Board of Directors the Credit Union will continue to focus on service expansion and accessibility initiatives in 2015.

The Credit Union would also like to welcome back Terri Holizki and Andrew Wong who were both re-elected to serve as directors for another term. Andrew and Terri add great value to our board and we're excited to continue working with them.

If you missed this year’s AGM you can view the Financial Statements and Annual Report online soon.

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Another Strong Year at CECU

The CECU is pleased to announce that we had another strong year in 2014.

In February the CECU Board of Directors declared a dividends of 5% on Equity Shares and 1.8% or Regular shares resulting in over $400k paid back to our members. In a general financial climate of greatly reduced returns the board believes that these are very good in today’s market. These dividends are also up from last year (we paid 1.7% on Regular Shares in 2013).

For details, please visit our Year End Reports page.

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