Banks and credit unions might seem very similar, but they’re actually very different. When you join a credit union like ours, you become part owner. It means that every time you deposit money, you’re also buying shares of our organization. Unlike banks, we don’t run for profit, but rather to provide value for our community. Here’s how we can help you in different stages of your life:
Going to School
Education is the key to success. If you want to get ahead in your career, you can’t overlook your post-secondary education – it’s an investment that will benefit you for years to come. The question is, how do you pay the bills? While none of us can predict the future, you can plan ahead and start saving now. Our savings accounts not only help you maximize your funds but also give you the flexibility to access your money whenever you need it.
Buying a Car
Planning to buy a car? That’s exciting! We bet you can’t wait to get behind the wheel, but let’s not rush things. Purchasing a vehicle is an important decision and you need to keep a few things in mind: How much can you afford? Does your budget allow for a new car? Are you single or married with kids? Feel free to drop by Encompass Credit Union to discuss whether leasing or financing is better for you.
Buying a Home
Buying a home involves a lot of personal and financial decision-making. We recommend that you make a must-have and a nice-to-have list before hitting the market for your house hunt. While design, architecture, and space are extremely important, you should consider the location and neighbourhood too. On the financial side, we can help you get pre-approved for a mortgage with only a few steps.
Having a Baby
Becoming a parent is a huge responsibility and a major change in your life. Spending on childcare, purchasing toys, buying clothes, planning family trips, and making room for a baby is no picnic. With so many things to worry about, it’s really easy to make budgeting mistakes. You’re not alone, though! Our team has years of experience helping soon-to-be parents plan their finances and anticipate their needs.
At Encompass Credit Union, we treat everyone with the utmost respect. Whether you’re already a member or not, we want you to feel like you’re part of our community and can benefit from our financial services. Contact us for more information today.