How to Get the Most Out of Your Membership with BCU Financial?

How to Get the Most Out of Your Membership with BCU Financial?

Oct 14, 2024
1 minute

Credit union BCU Financial is a reliable financial institution founded by Ukrainian immigrants and operating in Canada for over 70 years. Almost all its members are ethnic Ukrainians speaking Ukrainian. BCU Financial membership allows you to not only open an account and receive a credit card but also apply for insurance, mortgage, loan, or even invest.

To become a member of the union, you can submit an application in person or online, saving your time. By joining the organization, you become its co-owner and can participate in decision-making.

What to Pay Attention for When Choosing an Account

To get the most out of your participation, you should first review the accounts and choose the one that suits you best. It ensures you receive the maximum benefits of membership in BCU Financial Credit Union.

Here is a short list of the available accounts with their basic terms:

  • Lys Mykyta. This is a benefit for children under 13 with a high interest rate for savings accounts.
  • Rebel. It is designed for teenagers aged 14 to 17. Its main advantages are no commission for ATM transactions and free debit transactions at POS terminals.
  • Conquest. This benefit is designed for students under 25. Its terms are the same as Rebel, but it also provides access to a student credit line.
  • Bulava. This is a benefit for people aged 65 and over, using which they can get preferred exchange rates and receive payments by mail for free.
  • BCU Fire. This is a special benefit type designed for Ontario firefighters.

You can get more information about the union's accounts on the official website www.bcufinancial.com or at one of the organization's offices. You may also call its representatives or contact them via video link.

Another BCU Financial bonus is the presence of a referral program. According to its rules, you will receive $50 on your account for each new invited member. Invited members, in turn, will receive $125 for joining the union.

Step-by-Step Guide on How to Become a BCU Financial Member

If you are ready to join BCU Financial, there are a few simple steps to follow. They include:

  1. Preparing the documents. You will need an ID card, SIN, and a work permit.
  2. Choosing an account. You can decide on it yourself or ask a union representative for advice.
  3. Paying the fee and submitting the application. The entry fee is just $100.

BCU Financial has many great offers for its members. You will be able to take advantage of them once you join the membership.