Contact
Information
About Peoples Credit Union
Branch and ATM locations
Newsletter and Annual Report
Mission
ENRICHING lives through sound financial services; OWNED locally; CONNECTED globally.
Vision and Values
Peoples Credit Union will be the first banking choice for the majority of members by:
- Investing in people;
- Providing superior service;
- Being leaders in our community;
- Maintaining financial strength;
- Ensuring co-operative governance; and,
- Monitoring organizational performance. |
Service Creed
Peoples Credit Union is a responsible, caring institution
that strives to give its members exemplary service. Our management
and staff are committed to providing each and every member with the
highest level of service delivered in a friendly, competent, professional
manner. Our aim is to make this Credit Union our members’ first
choice as their financial institution.
Who We Are
Although it’s over 60 years ago, and we have grown significantly, we have not forgotten our roots. Peoples Credit Union has grown over the years: from the 20 and 21 charter members in 1944 and 1947 as Innisfil Credit Union and Shelburne Credit Union, respectively, to over 10,500 today; from assets of $163 to over $100 million; from a handful of volunteer staffers to 40 full-time and 15 part-time employees; from serving a community of farmers to now serving the community as a whole; from a member’s “kitchen” location to full service locations in Stroud, Alcona, Shelburne, and now, Tollendale Village in Barrie.
At every step, our growth has been driven by services and the philosophy of people helping people. Peoples Credit Union is a financial institution with a competitive variety of products and services and a strong commitment to people and member service. Your banking experience is a better banking< experience at Peoples Credit Union.
We’re led by a Board of Directors drawn from people who live and work in our community: Kevin Augustyn, Stan Dimakos, Earl Feren, Doug Fuller, Chris Hand, Al Jones, June Money, and Ken Wells, and Donna Young.
Community Involvement Award
Every year, Peoples Credit Union Limited donates a
portion of it' s after tax profits to further community projects
through their Community Involvement Award. This year that amount
will be a total of $6000. The Community Involvement Award allows
Peoples Credit Union to live by their credo of "People Helping
People" and to help organizations rooted in the communities
served by the branches of Peoples Credit Union (Innisfil, Barrie,
Shelburne).
2008 Recipients
Bouncing Ball Co-operative Day Nursery School, $2500
Innisfil Snowdogs, $1000
Barrie Literacy Council, $1000
Shelburne Junior Fair Board, $1000
Big Brothers Big Sisters Dufferin and District, $500
What is a Credit Union? The Credit Union Difference
Many people ask us “What
is a Credit Union?” Simply put, we are a financial institution
that offers a better banking experience to the public. Like banks,
we offer services including mortgages, loans, lines of credit, chequing
and saving accounts, RRSPs, RRIFs, RESPs, commercial banking, trust
fund accounts, safety deposit boxes and much more. However, at our
credit union there are some key differences we’re proud of:
- All of our customers are part owners (called members)
of Peoples Credit Union. By purchasing five $5 shares of the business
they have become members of Peoples Credit Union, a financial
cooperative, owned and controlled by its members.
- Our members are paid cash dividends, which means
that they share in the annual after tax profits Peoples Credit
Union generates.
- Your deposits are insured up to $100,000* through
Deposit Insurance Corporation of Ontario, and for each additional
registered product you get another $100,000 in coverage.
- Our level of customer service is highly personal
and individualized with each of our over 10,500 members. This
unique standard of service is rooted in our philosophy of “People
Helping People”.
*Separate insurance protection is provided for deposits held in
joint accounts, trust accounts and business accounts.
Equity Ownership Shares
Joining Peoples Credit Union makes you more than
a customer or client - it makes you a member-owner. Your membership
consists of five $5 equity shares for a $25 total. Your shares must
be purchased as the first step in joining your credit union. As
long as you are a member, your equity shares remain a part of the
credit union.
|