Compensation Employees Credit Union

Wednesday, September 16th, 2020
12:00 Noon

Meeting will be via MS Teams

To attend the AGM via MS Teams send an email to info@cecu.ca requesting access and
we will send you the link and the meeting package

Copies of Financial Statements are available on our Website


Covid Update

WorksafeBC is still closed to the general public, so access to the Credit Union is limited to those who have access to the building.  We are still open and here for our members during regular business hours. 
You can contact us by phone at 604-276-3079 or via email info@cecu.ca with any inquiries.
If you would like remote access to your account through online banking or ATM, please contact us to arrange those services
BC Credit Union Deposits are 100% guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia

Tags: n/a

As you might expect, under the mandate to stay home as much as possible and maintain social distance the Annual General Meeting which was scheduled for April 15 2020 has been postponed.

At this time we are investigating both the possibility of moving the AGM online and simply rescheduling it for a later date. We will send out revised Notice of Meetings once we arrive at a solution.

In the meantime, we would like let all of our members know that the directors with terms expiring in April have agreed to continue to provide oversite to the Credit Union until such time as an election can be held.


Branch Update

As you may already be aware, WorkSafe BC has restricted access to the building in Richmond and it remains closed to the Public. As a result, we are no longer able to welcome our members who are not active employees into the branch.

Our staff continues to service our members both from their homes and from the main branch.

We continue to make adjustments to our service model to ensure that we are available to support the financial health of our members, and we encourage our members to reach out if there are additional ways that we can help you navigate these unprecedented times.


Remote Access

If you require online access to your account, in order to pay bills or utilize Interac E-transfer then we encourage you to contact our branch by phone to enable these feature. Likewise, flash enabled ATM cards are available, and you can request them by calling our office during our regular business hours at 604-276-3079.


The Compensation Employees Credit Union has proudly supported both the past and present employees of WorkSafe BC and will continue to do so in the weeks to come.

Tags: n/a

Please note: Our Annual General Meeting has been postponed at this time. a New date will be determined in next few months.

Copies of Financial Statements are available on our Website

Tags: n/a

Pandemic Response Plan 

The COVID-19 virus is a significant item in the news. The risk is still ranked as low for the general population in Canada, but as we have seen this has and could continue to change rapidly.

That said, our plan is to continue to support our members, and the greater WorkSafe BC community, as much as possible. At this moment, our branch remains open. We are being mindful of keeping our staff as safe as possible, and have encouraged staff to work from home where possible. As a result there may be slightly longer response times than you are used to. We are also asking our members to do their part and are limiting branch traffic to one at a time in order to maintain an appropriate social distance.

Accessing your account information

Accessing your funds and information has not changed.

If you would like to be set up for online banking, interact e-transfer, or to receive an ATM card for your account, please reach out to our office and we will gladly make those available to you

You can still contact us by phone at 604-276-3079 or by e-mail info@cecu.ca

Payroll Deduction

At this time, payroll deductions will continue as directed.

If you need to make changes to these deductions, the same nine day lead time will apply.

(Cut-off for changes remains the Tuesday before the following week’s pay)

Credit/Financial Assistance
Should you or your family be negatively impacted financially as a result of the COVID-19 situation, please contact us at the above information. CECU is ready to help our members navigate through this challenging time. Please advise us of your situation and we will do our utmost to accommodate accordingly. 

Our Promise to our Members
To help encourage good hygiene practices, hand sanitizing products are located at all work stations. Hands can transmit infectious material (for example saliva or other body fluids that may contain viruses) to the mouth, nose or eyes, where there is a direct route of entry into the body. We encourage you to use the hand sanitizer when you visit.

During a pandemic, thorough workplace cleaning measures are required to minimize the transmission of virus through non-porous (i.e doorknobs, sinks) and porous surfaces (i.e. curtains, chairs, cubical walls) as some viruses can live up to two days on surfaces.
We have cleaned and/or disinfected our desks, workstations. And continue to do so on a regular basis.
Employee Protection
Employee protection involves providing a safe and healthy work environment for all our employees prior to, during and after a pandemic. We have ensured:

  • Providing basic hygiene products and training to employees
  • Establishing workplace cleaning guidelines.

Hand washing is an important way to reduce transmission of infectious diseases. Running water and non-abrasive hand soap must be used for at least 30 seconds when washing. It is important to dry hands either mechanically or with disposable toweling after washing.
Communication Strategy
Communication is an important element of a pandemic response plan. It is critical to effectively communicate before, during and after an epidemic or pandemic. Our Communication Plan includes:

  • Awareness – our employees are aware of the hazards associated with the virus (including symptoms) and procedures to isolate and report cases in order to reduce exposures.
  • Reporting – we commit to reporting to the local health department if dealing with a potentially infected individual. We adhere to recommendations of the local health department.

We will keep you informed of any service disruptions and will update this webpage accordingly.

Novel Coronavirus (2019-nCoV)
Coronavirus is a large family of viruses that cause illness ranging from the common cold to more severe diseases such as Middle East Respiratory Syndrome and Severe Acute Respiratory Syndrome. A novel coronavirus is a new strain that has not been previously identified in humans. Coronaviruses are zoonotic, meaning they are transmitted between animals and humans.
Common signs of infection include respiratory symptoms, fever, cough, shortness of breath and breathing difficulties. In more severe cases, infection can cause pneumonia, severe acute respiratory syndrome, kidney failure and even death.
Non-seasonal influenza is spread through close contact with live, infected animals.
Coronavirus infections are diagnosed by a health care provider based on symptoms and are confirmed through laboratory tests.

  • Wash your hands frequently with soap and water or use an alcohol-based hand rub if your hands are not visibly dirty.
  • Practice food safety. Avoid consumption of raw or undercooked animal products.
  • Ensure you are familiar with the symptoms.
  • If you develop a fever accompanied with cough and muscle pain, immediately seek a health care professional’s advice.
  • Be aware and follow the recommended actions from your local physician or health provider.
  • If you are quarantined by health authorities, inform your work site supervisor or appropriate personnel or family member.
  • It is normal to feel sad, stressed, confused, scared or angry during a crisis. Talking to people you trust can help.

For up to date information we follow:

Tags: n/a




Compensation Employees Credit Union



Tuesday, April 9th, 2019


12:00 Noon

In the Auditorium at WorkSafeBC


Bring your lunch

Coffee will be provided


Copies of Financial Statements are available on our Website



New services

  • US Exchange
  • Internet e-transfer
  • New website (www.cecu.ca)


And of course we still offer

  • Mortgages, Loans, Deposits, & RRSP’s
  • Internet Banking
  • Tax Free Savings Accounts
  • And MORE

Email us at info@cecu.ca or call 604-276-3079 for more information.



No Longer need paper statements?


You can now opt out of paper statements any time by emailing info@cecu.ca

Or by completing this slip and returning it to our office.


    Name: _______________________      Account Number: ____________


I/we no longer wish to receive paper statements for the following account types


___ Equity Shares ___ Regular Shares ___ RRSP ___ TFSA ___ Loan ___ Mortgage


    Sign x ___________________                      Date:_________________

Tags: n/a

Get Your Share Promotion. 

You can take advantage of this great promotion from our friends at Central1*:

Join a BC Credit Union with regular payroll deposit and Experience a better way to bank!

New member signup bonus offer:  JOIN NOW AND WE'LL GIVE YOU $200
For details see www.getyourshare.ca Offer expires Sept 2017

*Offer available to new credit union members only. This means that if you’re already a member with another Credit Union (ie: Coast Capital, Van City Savings, etc) then you are not eligible for the $200 under this promotion.

Tags: n/a

Tuesday, April 10th, 2018  at 12:00 Noon

in the WorkSafeBC Auditorium

Audited Financial Statements available on this website: http://www.cecu.ca/about/financial-reports/.
Tags: n/a

Thursday, October 25th is International Credit Union Day. This day is celebrated by credit union members throughout the world to commemorate the founding of the first credit union over 150 years ago. Credit Unions have been operating in Canada since 1901.
Tags: n/a

CECU is building a data base better communicate with members on important issues & to prepare for an e-statement option in the future. Please contact the credit union and let us know if you want to be included and provide your email address. All information will be kept confidential.
Tags: n/a

CECU members have access to one of the largest surcharge-free ATM Networks in Canada.  This means surcharge-free deposits, withdrawals, transfers, PIN changes and more at thousands of ATMs coast to coast.  These surcharge-free ATMs are even located in select Mac’s milk, Couche Tard and Circle K convenience stores. 

Just look for THE EXCHANGE® Network logo  on the ATM, or download our free ATM Locator App for smart phones and tablets by clicking the link below and a surcharge-free ATM will always be at your finger tips!  Use an Exchange Network ATM and say goodbye to ATM surcharge fees!


Tags: n/a

Recent Posts

Jul 30, 2020
Apr 6, 2020
Mar 17, 2020