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NOTICE OF ANNUAL MEETING
OF MEMBERS
Notice is hereby given that the Annual Meeting of members of
THE ONTARIO EDUCATIONAL
CREDIT UNION LIMITED
will be held via secure digital recorded meeting
on the 3rd day of November 2021
at the hour of 5:00 pm
for the purpose of receiving the reports and financial statements
for the year ending July 31, 2021, and electing three (3) officers
to the Board of Directors for a three (3) year term. Nominations for
the office of Director will be received in the office until the end
of business on Wednesday October 29, 2021. Nominations must be moved
by two (2) members and include the confirmation that the nominee is
willing to stand for office. As nominations are received, they will
be posted in the Credit Union office, 6435 Edwards Blvd., Suite 1.
To attend/participate in this year’s AGM you are a Member of the
Credit Union in good standing and pre-registration is required.
To register please contact your local office:
Mississauga
905-795-1637
800-463-3602
Barrie
705-737-5622
800-292-7202
OECU-Doug McKee
Scholarships awarded in 2021!
We are pleased to announce the following candidates each received
$1,500 at an awards recognition ceremony held at the Credit Union
Head Office auditorium with safety protocols in place. The funds are
to assist with costs related to their 2021/22 post-secondary school
programs.
OECU has proudly been awarding post-secondary scholarships since
2001.We are delighted to have awarded $161,500 in scholarships so
far!
Special thank you to HUB International Ontario, our membership’s
chosen provider of group home and auto insurance, for their
continued generous support of our scholarship program.
Congratulations to the recipients!
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Your Credit Union
working for you!
Please click
here to read a letter from the credit union.
COVID-19 and Your Credit
Union.
The continued spread of
Coronavirus (COVID-19) in Canada and around the world has
understandably raised concerns for you and your families. At OECU
the well-being of our member/owners and employees is of the deepest
concern to us. We want you to know that your safety and our
employee’s safety will remain our top priority as this situation
continues to evolve.
Read more >>
Recent Questions and
Answers re: OECU and COVID-19
Read more >>
Debit Card alert
We wish to advise that there is currently an issue
at some merchant locations, as a result of a software update, on
their point of sale devices.
This problem is impacting all financial institutions that have
issued new cards supporting the mandated changes of Combined Data
Authentication. This is not a card issue, but is an issue with
terminals at the point-of-sale.
Unfortunately, this is resulting in cards issued in 2019 (debit &
credit) being declined.
If you experience an issue with your debit card it has been
suggested that you could:
We recommend members to have credit cards if issued
prior to 2019 or cash on hand as a backup until this issue is
resolved.
The merchants impacted that we have been made aware
of are:
-
Canada: Global Payments (Loblaw Brand
merchants), Moneris (Costco, La Senza, Victoria Secret/Pink,
Bath and Body Works, Esso, Petro Canada) and other small
merchants
-
USA: NYCE network (Walmart, Costco, Shell,
McDonalds and other merchants)
“Hard sell & up sell”
practices in the financial world!
The concept of a “Sales Culture” has been around for
a very long time. It is not something that our Board of Directors or
I have embraced as the business model for our organization. We
instead focus on providing exceptional service!
Read more...
Call for Nominations!
It is our desire to have a diverse Board of Directors that is a
reflection of our Membership.
We are searching for candidates that have a passion to make our
Credit Union better today and tomorrow.
If you are interested in information about being a Director of OECU
please click on the link “Cover
Info for Potential Candidates.”
For additional information and an application form please click on
the link “OECU
Candidate for Director”
Thank you for your interest.
Cover Info for Potential Candidates |
OECU Candidate for Director
e-Transfers are here!
 OECU
is pleased to launch “e-tsf” the simple, secure way to transfer
money from anywhere to anyone.
It's easy.
It's secure.
It's convenient.
It's quick.
Click here
for further details.
Are YOU on the DEBT TREADMILL?
 Are
you tired of paying a debt that NEVER gets paid?
The rates you are paying are probably TOO HIGH!
LET US SAVE YOU 60%!
That’s the average percentage interest cost we save credit union
members and their families when they consolidate their debt with us.
Click here to read our latest newsletter.
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Start Saving Today…
click here for details.
Travel Alert – Country Blocking
If you are travelling out of North America please
read this
document for important information.
ATM Card Cancellation
If your ATM (Membercard) is Lost, Stolen, Compromised (skimmed) or
even if you just have a sense that your card may have been
compromised call one of the numbers below and cancel your card
immediately. This interactive voice response service is available 24
hours a day seven days a week.
Cancel your card via any of the following
options:
ü
Birth date and social insurance number.
ü
Account number and social insurance number.
ü
Name and social insurance number.
ü
Name and account number.
ü
ATM (Membercard) number.
Stop the criminals from stealing your hard
earned money, if you have any suspicious Automated Teller Machine or
Point of Sale transactions; cancel you ATM card immediately by
calling…
Ø
877 – 764 – 3693 (Canada & U.S.)
Ø
905 – 764 – 3693 (International)
Who can do business with OECU?
 All
educational employees (current or retired) and their families
throughout Ontario can do business with us – Your Full Service
Financial Institution. We are the financial institution dedicated
to, and specializing in serving the unique needs of the educational
community.
Read about this and other FAQ's of OECU in the
Spring Newsletter.
OECU Mobile...is here!
OECU has a new, Mobile web site. We're excited to offer
Members access to many of the features of our main site on a
handheld device. Features that are currently available on our Mobile
site, include: NetBanking, ATM Locator, Promos, News, Services,
Rates and a Contact page with office maps.
To access the OECU mobile web site, enter oecu.mobi into the
web address bar on your smart phone or mobile device.
Note: Visiting the OECU mobile web site (oecu.mobi) on a
computer will automatically re-direct you to our main web site
(oecu.on.ca).
Mutual Funds
For a diverse
investment plan
Mutual funds combine the benefits of diversification and
professional asset management with affordability – making them an
ideal solution for many investors.
Our seasoned Wealth Consultants have access to thousands of quality
mutual funds from top performing fund families like:
-
NEI
-
AGF
-
Franklin Templeton
-
Invesco Trimark
-
Fidelity
Together, they’ll work with you to understand your overall
investment strategy and make recommendations on the right mix of
mutual funds for your financial goals.
Talk to a Wealth Consultant today to find out if mutual funds are
right for you.
Mutual funds are offered through Credential Asset Management Inc.
Commissions, trailing commissions, management fees and expenses all
may be associated with mutual fund investments. Please read the
prospectus before investing. Unless otherwise stated, mutual fund
securities and cash balances are not insured nor guaranteed, their
values change frequently and past performance may not be repeated.
GO
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