If you’re nearing the end of your high school career and heading onto bigger things, we want you to know that we’ve got you covered! Preparing for post-secondary can seem overwhelming, so we want to help you make a financial game plan for college. Familiarize Yourself with Student Loans First, talk to your parents about…
Financial Literacy – Saving and Investing (Part 3)
We’ve looked at Term Deposits and RSPs and some of the features of each that you should consider when choosing how to handle your savings and investments. Today, we’ll zero in on Tax Free Savings Accounts and how financial planners can assist you in choosing the investments that are best for you. Tax Free Savings…
Denmax offers congrats to McIntosh
Long-time Encompass business account manager Helen McIntosh recently retired, so one of her business members, Trevor King, President of Denmax Energy offered congratulations. Wainwright area construction company, Denmax Energy Services has become a very successful company within the oil industry in East Central Alberta and beyond to the Western Sedimentary Basin. Denmax is a…
Financial Literacy – Saving and Investing (Part 2)
Welcome back! Last week we discussed Term Deposits and how to choose which one is best for you and your needs while still allowing you to earn some interest. This week, we’ll look at the ins and outs of Retirement Savings Plans. Retirement Savings Plan (RSP) A retirement savings plan is money you put away…
Financial Literacy – Saving and Investing (Part 1)
So, you finally have more than two nickels to rub together, now what the heck should you do with it? There are a lot of options out there, and financial institutions like Encompass Credit Union, will pay you to put your money in their institution. What? They just pay you? Yep. Simple savings accounts don’t…
How to Find the Best Financing Plan For Your Next Vehicle
When you’re looking for your next car, it can be easy to accept one of the hundreds of deals flying across your screen, but these deals are usually filled with clauses and are designed to take as much money from you as possible. Before signing any contracts or shaking any hands, here are the 3…
7 Tips to Protect Yourself From Identity Theft
Identity theft is a serious crime where your personal information—anything from your name, driver’s license, or Social Insurance Number—has been compromised by an imposter who intends to commit fraud in your name. With your Social Insurance Number, someone can easily obtain false lines of credit and rack up significant debt in your name. With a…
What is Responsible Investing?
Investment management firms that are committed to Responsible Investing will try and help clients grow wealth while advancing the Environmental, Social, and Governance (ESG) performance of publicly-traded companies. Responsible Investing seeks to generate sustainable value for investors, shareholders, for other company stakeholders and for society as a whole. This type of investing has been around…
e-Services: Improving Your Agricultural Banking Life
Sadly, Encompass Credit Union can’t control the weather, but we can help make banking easy and convenient so you can take full advantage of the good weather when it comes. Whether it’s seeding time, harvest or your cows are calving, we have a variety of electronic services that can help you get your banking done…
What is a Registered Disability Savings Plan?
The Registered Disability Savings Plan (RDSP) was designed to help people with disabilities to build long-term financial security. There are a distinct set of financial challenges that people with disabilities and their loved ones must overcome. This plan was first introduced by the Government of Canada in 2008 and makes it easier to accumulate funds…
