CCEC Credit Union

Member Profile

In 1974 a group of people active in daycare, consumer and housing co-operatives met to discuss the problems of raising capital for their organizations. The capital in the community was not accessible to them because their financial institutions were unwilling to provide the needed financial services. The group decided to pool their organizations' money and form a financial institution that was committed to community economic development.

CCEC Credit Union was founded by the Community Congress for Economic Change Society (hence the name CCEC) and received its charter in 1976. Since then, the credit union has grown in membership, assets and experience, and contributed to the establishment of healthy community development. Expansion of services to both group and individual members continues our commitment to be the primary credit union for co-operatives, community businesses and the non-profit sector, and to enhance and improve our financial service package for individuals.

CCEC Finances What You Support

CCEC Credit Union keeps our money working in our community. We pool the savings and financial activities of individuals, co-operatives, and other community groups. The money is invested by lending for job creation, co-operative financing, and other forms of community economic development.

CCEC is involved in all aspects of community growth. From helping a group start a worker-controlled business, to helping an individual plan for the future with an RRSP, CCEC is here to provide the financial services you need.

The Mission of CCEC Credit Union is to fulfill its Statement of Purpose by:

• Meeting the financial needs of members; 
• Enhancing the capacity of the non-profit, co-operative and small business sector of the community we serve; and
• Providing leadership in fostering economic democracy in our community and the credit union system

Our Statement of Purpose:

• To promote group solutions to individuals' problems through the development and maintenance of co-operatives and self-help groups responding to basic human needs and community needs, and supporting one another.
• To support and promote responsible action in the areas of social justice, racial and sexual equality, worker democracy, and conservation.
• To develop, support, and promote models for economic organizations that foster and further community, consumer, and worker control, and membership.
• To provide ourselves with needed financial services at reasonable costs.
• To educate ourselves and the larger community in the areas of finance, economics, and politics, toward the end of obtaining a more equal distribution of wealth.
• To maintain a workplace open to worker participation in determining responsibilities, accountability for work performed, and the quality of worklife.

At CCEC, we're dedicated to community economic development! 

Visit online: www.ccec.bc.ca