Become an Owner

Want to bank somewhere your input counts?

Acquiring membership in Victory Credit Union gives you the opportuntiy to become involved in the ownership and control of your financial institution. As a member you have the right to vote at Annual General Meetings on issues critical to your credit union. 

What Are Credit Unions?

Often described as "peoples banks" credit unions are for people who want a say in their financial institutions. As owners, credit union members have equal voting rights and participate in decisions affecting the credit union. This puts control in the hands of our members, rather than in a head office, thousands of kilometers away. Putting members first is our credit unions number one priority. That means that instead of looking for ways to maximize profits for shareholders, credit unions are always looking for ways to help members make the most of their finances. Membership has other benefits - an equal vote in elections for the Board of Directors, which guides the policies of individual credit unions - and the opportuntiy to run for a board position.

Democratic Control

The fundamental operating principal of credit unions is democratic ownership...one member - one vote.

How to become a member

Want to join, simply come in to one of our branches and open an account. To open an account you simply purchase a common share of $50 ($5 for children under 18). This allows you to be a member-owner of the credit union with voting rights. It serves as part of the equity of the credit union. Potential patronage dividends based on activity with the credit union may be paid.


 

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