TransCanada Credit Union - Member Ownership

Unlike a bank, our Credit Union is owned by its members, and profits that are generated through its operations are returned to the members either through lower rates on loans or through higher returns on savings. All it takes is a $25 investment to benefit from Credit Union membership.

The purpose of the Common Share Policy is to maintain a prudent equity base in TransCanada Credit Union and to provide each Credit Union member with an opportunity to share in the surplus earnings of the Credit Union.

Common Shares are not guaranteed by the Credit Union Deposit Guarantee Corporation.

As a member/shareholder, you receive one vote to elect a Board of Directors, voice your opinion and vote on the affairs of the Credit Union.

We are a closed bond Credit Union exclusive to employees of TransCanada. In order to become a member/shareholder, you must meet one of the following membership criteria:

  • Employee, former employee and retirees of TransCanada.
  • Immediate family members of these employees and retirees.
  • Contractors working at TransCanada.

Should you leave the employ of TransCanada, you are still eligible to remain a member of TransCanada Credit Union...once a member, always a member.