Cbccu.ca
Title
CBC Credit Union
Description
Not-for-profit financial cooperatives are owned and operated by its members. Members have a local voice. Each year at the Annual General Meeting members get to vote for those they want to represent them on the Board of Directors and Committees.
While banks and other institutions are primarily concerned with profit, credit unions return all earnings above expenses and reserves to their member/owners in the form of dividends.
All deposits of the credit union are guaranteed by the Credit Union Deposit Guarantee Corporation of Newfoundland and Labrador up to $250,000.00 per account type. For more information on our deposit insurance click to visit the site of the Credit Union Deposit Guarantee Corporation.
