What’s your plan to be financially independent? For many of us, winning the lottery seems to be in the top five ways to have a comfortable retirement. That, or maybe getting adopted by Jeff Bezos. If you’re not that lucky, or you’re not going to develop a million-dollar mobile phone app game or become the…
Category: Small Business
It’s not us or them, it’s we
I’m sure everyone is sick of hearing about COVID-19 and its lasting effect on everything from those that become infected to how we live our life each day. It seems incredulous to think that “The Greatest Generation” fought in world wars, and baby boomers built strong economies which we enjoy. But at the same time,…
Could we be on the road to recovery?
As Canada and Alberta make their way through this pandemic, moving into new stages of whatever the future normalcy looks like, we are seeing positive trends in the Canadian economy, and maybe for some areas, some of the worst is behind us. That being said, if you have your 2020 bingo card handy, the chances…
After COVID, what is the New Normal?
As Alberta and Canada start to return back to the “new normal” things have definitely changed since COVID-19. Economically, physically, and even how we shop for groceries or enjoy sporting events will likely be different. What does that mean for you and your banking? Since early March, when the spread of the virus became a…
Is a mortgage deferral right for you?
The COVID-19 pandemic has sent many people into positions of financial stress, from lost jobs, to general financial uncertainty. One of your biggest expenses each month is likely your mortgage. Most Canadian financial institutions understand those worries, so many have implemented relief programs, such as payment deferrals on mortgages. Deferring your mortgage payment may reduce…
5 Easy Ways Young Adults Can Start a Side Hustle
Everybody dreams of starting their own business and being financially independent. This is a fantastic goal that the Encompass Credit Union team is happy to help with, but there’s no better way to make your dream a reality than starting early. If you’re a young adult looking to be your own boss, here are just…
A local success story, Jay and Sam Robinson
For Jay and Sam Robinson, the local Credit Union helped them realize their dream. Over twenty-five years ago, Jay and Sam wanted to start their own business, but major financial institutions were not interested in funding them. The local Wainwright Credit Union, now Encompass Credit Union, took a chance on the entrepreneurs, and lent them…
How to protect your small business
If you’re like most small or medium businesses in Canada, the Internet is an indispensable tool to succeed in today’s digital economy. Getting online allows you to reach new customers and grow your business. And even if you don’t have a website — or a social media account — you probably depend on the Internet…
‘You’re not just a number’
Bryan Boyenko came to Wainwright over 13 years ago, buying and eventually building is own new Value Drug Mart pharmacy in the town of Wainwright. And since then, he’s found that the personal and exceptional service at Encompass Credit Union has been something that has kept his loyalty. Originally, his head office had to be…
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…
