Voting is now underway to determine if the membership of three Okanagan credit unions, including the Osoyoos Credit Union, will gain approval for a merger that will create an entity that will be known as “Cascadia Credit Union” with combined assets of $890 million, six branches and 16,350 members.
Members of Osoyoos Credit Union (OCU), Revelstoke Credit Union, and Summerland Credit Union will head back to the polls next month, but this time to vote on the proposed merger of the three credit unions, following the green light from the BC Financial Services Authority (BCFSA).
Osoyoos Credit Union (OCU) along with two other community-focused BC credit unions have commenced merger discussions.
