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What's New?
THE LATEST NEWS ABOUT YOUR CREDIT UNION
Keeping up with what's new at Summerland Credit Union
Check here regularly for all of our latest news and announcements.
Welcome to SDCU.com
Our website is designed to be faster, multi-device friendly, image-rich, secure, and easy-to-use!
Our goal with this website is to deliver a modern and smooth-flowing user experience, intuitive architecture and high-impact design. Also, to provide visitors with a simple way to discover more about our credit union and the solutions we offer.
Our focus is on improving the digital experience for our members, by providing greater digital access and more modern online channels. The goal being to facilitate safe and convenient, anytime, anywhere access for our members.
Kelly Marshall, President & CEO
Grade 12 Graduation Bursaries
Application Deadline May 31st, 2025
Summerland Credit Union has up to $4000 in bursaries available to graduating high school students who are planning to attend a public or private post-secondary approved program. The number of recipients and the amount to be awarded will be at the discretion of the Bursary Committee.
To find out if you’re eligible, please review the complete criteria here.
Applications are available online here or in-person at the credit union. For more information, please contact Kirby Favreau at 250-494-6052 or email: kfavreau@sdcu.com.
The deadline to submit your application is May 31, 2025.
CREDIT UNION FEDERATION OF BC
Awards are also available through the Credit Union Foundation of BC for students attending any level of post-secondary education. For more information or to apply online, check out www.cufoundation.org.
Call for Artists for Summerland Exhibitions
Submission Deadline April 25th, 2025
Summerland District Credit Union (SDCU) is looking to give exposure to new and emerging artists in the Southern Okanagan. It has three exhibits scheduled from May 14th, 2025 – May 15th, 2026. Each selected artist will showcase their artworks for four months.
The dates are:
Exhibit 1 – May 14th, 2025 – September 12th, 2025
Exhibit 2 – September 16th, 2025 – January 16th, 2026
Exhibit 3 – January 20th, 2026 – May 15th, 2026
100% of all sales proceeds go directly to the Artist. Should an artwork sell, you will be responsible to replace it until the end of the exhibit date.
Criteria:
Only original works created since January 2022 are eligible including 2D and 3D media and photography. All Preference is given to artworks that are 24”x 24” or larger, smaller artworks will be considered. The wall space allows up to 12 large artworks.
Submission requirements and application forms are available here or by calling 250-494-6080.
TurboTax Promotion for 2024 Tax Year
File Your Taxes Online — Millions of Canadians trust TurboTax to file their tax return each year.
As a BC based credit union, we have partnered with Intuit to offer our members a 20% discount on the retail price of TurboTax Online tax preparations.
This promotion enables our members to access this offer via our website by visiting the TurboTax Online portlet located on the Account Summary page within Online Banking.
TurboTax by Intuit is one of Canada's leading tax filing software systems.
Credit Unions Begin Merger Discussions
To help explore the potential for additional value creation that Summerland Credit Union can provide members, the Board of Directors has initiated discussions with Osoyoos Credit Union and Revelstoke Credit Union about the possibility of joining forces through a merger. Any such transaction will require the consent of the BC Financial Services Authority (BCFSA).
The change in delivery of financial services in today’s marketplace is so great that small, independent operations, such as ours, are faced with more and more challenges all the time. It was with this backdrop in mind that we began these merger discussions.
A decision has not yet been made to proceed. Any such decision, if it were made, would require the approval of the members of all three organizations and any such approval would result in all three credit unions coming together to form a new credit union.
The Board of Directors believes that the ideal time to deal with this issue is during times of strength, and all three financial organizations are in sound financial condition. They also believe that Osoyoos CU, Revelstoke CU and Summerland CU are a good fit due to the existing relationship and collaborative efforts that the credit unions have been working on since 2022.
If the decision is made by Summerland Credit Union’s Board to proceed to the next step, we will keep you informed. If you have any questions at all, please feel free to contact us.
For more information see the official media release attached here.
Summerland Credit Union creates Wage Equity Initiative!
Learn more at Wage-Equity.com
Summerland Credit Union proudly announced the launch of its Wage Equity Initiative, coinciding with International Women's Day on March 8th. This initiative underscores the credit unions dedication to fostering gender equality and fair pay practices within the financial industry and beyond.
Motivated by the principles of equality and social justice, the Wage Equity Initiative addresses systemic disparities in compensation and opportunities faced by minorities in the workforce.
We are inviting other credit unions and other businesses to join the Wage Equity Initiative and be part of the transformative journey towards a more equitable future.
Learn more by visiting www.wage-equity.com/.
© Summerland Credit Union 2024