Compensation Employees Credit Union - Serving Employees of WorksafeBC and their families

    CECU Members Vote in Favour of Proposed Merger with Beem Credit Union

    We’re pleased to announce that Compensation Employees Credit Union (CECU) members have voted overwhelmingly in favour of the proposed merger with Beem Credit Union!

    This vote marks an important milestone for our credit union and reflects a strong shared belief in the opportunity to build something even better together. A minimum of 67% of votes cast needed to be in favour, and we exceeded that with 89.7% of votes in support of the merger.

    We’re excited about our future together. By uniting our strengths, we can further invest in our people, products and technology to deliver an enhanced member experience, more development opportunities for our employees and the potential to do so much for our communities.

    About Compensation Employees Credit Union

    Compensation Employees Credit Union is a closed-bond financial institution that has been serving employees of WorkSafeBC and their families for over sixty years.

    We pride ourselves on delivering friendly, professional service, offering competitive products and caring about and meeting the needs of our members. It does not take long to realize that things are different here. As part of the Central1 Credit Union System we have the same strength and backing as any other Credit Union, but our unique bond keeps us grounded and connected to the people that we serve. 

    As a local Credit Union we love to give back to the community – both the WorkSafeBC community and the larger community through Cops for Cancer – an initiative that raises money for Camp Goodtimes and Pediatric Cancer research. We also give back to our members by returning a consistently strong dividend.

     

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      Serving employees of WorkSafeBC

      CECU is a closed-bond financial institution not open to the general public.
      We provide our services exclusively to WorkSafeBC employees and families.

      Learn more about Membership

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      May 5, 2025
      CECU Members Vote in Favour of Proposed Merger with Beem Credit Union   Compensation Employees Credit Union (CECU) and Beem Credit Union (Beem) are pleased to announce that CECU members have vote ...
      Mar 19, 2025
      Milestone Reached in Proposed Merger Between CECU and Beem We are excited to share that the Proposed Merger between Compensation Employees Credit Union (CECU) and Beem Credit Union (Beem) has reached ...
      Mar 4, 2025
      Compensation Employees Credit Union and Beem Credit Union Announce Proposed Merger   February 24, 2025 – Beem Credit Union and Compensation Employees Credit Union are excited to announce th ...