Using your mobile device to pay with your VantageOne debit card is secure, convenient and frees up space in your actual wallet!
Whether you use an iPhone, Samsung or Google device, you can load your VantageOne card and start using it for everyday purchases.
GivingTuesday (December 1, 2020) is a global movement for giving and volunteering, taking place each year after Black Friday. The “Opening day of the giving season,” it’s a time when charities, companies and individuals join together and rally for their favourite causes.
In the same way that retailers take part in Black Friday, the giving community comes together for GivingTuesday.
This year VantageOne Credit Union has partnered with the Vernon Public Art Gallery as their Matching Funds Sponsor. Learn more here.
VantageOne has committed to matching:
50% of any donation under $100
100% of any donation equal to or greater than $100
It’s never too early to start putting money aside for a child’s education. Post-secondary education costs are estimated to go up drastically over the next eighteen years. Right now, a student living at home pays an average of $6,600 per school year. That amount is expected to reach $37,000 per year in less than two decades.
It pays to save! With an RESP, you can help turn your child’s dreams into reality. An RESP is an education savings account registered with the Government of Canada. It helps you, your family or friends put aside money for your child’s education after high school. You can open an RESP at VantageOne Credit Union.
DID YOU KNOW – The federal government will match 20% of your RESP contributions, up to $500 each year until the child turns 17, to a lifetime limit of $7,200 per beneficiary. (more information below)
A family can set up a plan in which one or more of their children are listed as beneficiaries. It’s also important to note that anyone can contribute to an RESP, not just the parents of the child.
While they are not tax-deductible like RRSPs, RESPs do offer some tax benefits. Interest earned on an RESP is tax-free, and when your child starts using the money for school only the accumulated interest is taxable as income.
Whether it’s a $100 gift or $10 a month until they turn 18, any gift amount helps! You will help the future student focus on their studies by pitching in for their post-secondary related costs. Talk to their parents about the options below and then contact VantageOne to get started:
The biggest incentive to buy RESPs is the Canada Education Savings Grant. The federal government matches 20% of your RESP contributions, up to $500 each year until the child turns 17, to a lifetime limit of $7,200 per beneficiary. Depending on your income, you may also qualify for the Canada Learning Bond.
The earlier you start putting money toward a child’s RESP the more he or she will benefit from the annual grants and tax-free interest. And don’t worry, in the event that the child listed as beneficiary does not choose to attend a post-secondary institution there are other ways to put that money to use.
Contact your local branch if you want to get started setting up an RESP! Or visit the Government of Canada website to learn more.
If you are not the parent or legal guardian of a child, but would like to open an RESP for them, you can get more information on what documents you’ll need to bring with you by calling your local VantageOne Branch.
$60,000: Average cost of a 4-year university degree
$120,000: Estimated total cost of a 4-year degree by 2024.
Did you know that the Financial Consumer Agency of Canada celebrates Financial Literacy Month annually in November?
November 2020 marks the 10th Anniversary of Financial Literacy Month and we are very excited to announce that we are ready to launch VantageOne’s New Financial Ability page on our website, with brand new videos and an exciting contest!
We know it has been a challenging time for many of our members, with many people struggling financially due to the COVID-19 pandemic, it is important that we continue to support them in understanding their finances and gaining financial confidence to make informed decisions by equipping them with practical tips and tools from VantageOne.
New Website Page
Check out our brand new website page with planning & advice blog posts and informative videos.
Contest with Beach Radio – You Could win 1 of 2 $250 Term Deposits with VantageOne!
Simply answer a few quick questions about financial literacy and hit ENTER! Learn more about the contest here!
Local businesses create jobs, diversify our local economy and strengthen OUR communities. Their innovation and fortitude make the Okanagan a better place for all of us!
VantageOne is proud to be an important part of helping all of our members grow and couldn’t be happier to see these great local businesses receive these honours.
Please join us in congratulating the following VantageOne business members on their awards from the Vernon Chamber of Commerce Business Excellence Awards. Check out our video to learn more!
@teassentialspecialtyteas
@TurningPointsCollaborative
@Undergroundbrews
@fillvernonsrefillstore
@vernonchamber
Dear Small Businesses,
Thank YOU for creating jobs, diversifying our local economy and strengthening OUR communities! Your innovation and fortitude make the Okanagan a better place for all of us!
– The VantageOne Commercial Services Team
As a thank you for your continued support, we invite local businesses to enter into our draw for 1 of 8 $100 prizes.
Credit Union Day is a special day that we get to celebrate with our members. A day to celebrate and promote the Credit Union difference. For VantageOne, our members are OUR difference….YOU are our owners and give us the ability to positively impact our communities and the local economy.
This year the Credit Union Day celebration is focused around “Inspiring Hope for a Global Community”.
This special day celebrates the spirit of the global credit union movement. The day is recognized to reflect upon the credit union movement’s history, promote its achievements, recognize hard work and share member experiences. International Credit Union (ICU) Day® has been celebrated on the third Thursday of October since 1948.
The ultimate goal is to raise awareness about the tremendous work that credit unions and other financial cooperatives are doing around the world and give members the opportunity to get more engaged. October 15th will mark the 72nd anniversary of International Credit Union Day. Since 1948, this day has been celebrated annually by thousands of credit unions across the globe.
VantageOne is just one of more than 68,000 credit unions in the World serving 235 million+ members.
This past year has shown us that “we’re stronger together” and sharing our own stories and experiences have brought us closer together with people locally…. and from around the World.
We invite you to celebrate with us virtually this year by sharing something you are thankful for, a story of inspiration or a lesson you have learned so far through this pandemic, by commenting on our social media channels. All with the intention of spreading hope and messages of resilience.
Instagram – @vantageonecreditunion
Twitter – @VantageOneCU
You may have noticed our Vernon Main Branch & Administration building downtown are currently undergoing a renovation.
As we communicated in our Fall 2019 member update, the tiles on the exterior of our building are coming to their end of life. This type of failure can result in a safety issue if we don’t address it soon. As a result, we have moved forward to update the exterior of our building in Vernon, removing the tiles and going to a more cost-effective and durable stucco finish. This work will run through October of this year.
While the branch remains closed to member traffic (see below) access is available to our ATM’s, Night Deposit and entrances and exits to the building while this work goes on.
Main Branch will remain closed to all cash and frontline teller services as part of our Pandemic Contingency Plan, which saw this branch close to member traffic starting on March 23, 2020. This remains our course of action as we lead into a potential end of summer or fall pandemic wave.
This allows us to ensure we have a controlled environment for our staff so that we can continue to operate and provide support to the other branches through our administrative staff here at Main.
Our Commercial Services team is available at Main Branch by appointment from 10am to 4pm. You can also access your safety deposit box from 10am to 4pm Monday to Friday, by contacting us and booking an appointment.
As a reminder, any branch is your branch! As a valued member of VantageOne Credit Union, you have access to your account and services at any of our 5 other locations. For more information about our branch locations and hours click here.
Looking for ways to bank without having to leave your home? We’ve got the solutions for you!
Mobile App
If your mobile device is what you use to stay connected on a daily basis, you’ll find our app convenient and easy to use! Learn More
Online Banking
Manage your accounts from anywhere at any time with online banking. Learn More.
Solutions Centre – We’re Here to Help!
Want to talk to a real person – that lives in your time zone?! You can call our local staff! Our Solutions Centre is staffed by a group of knowledgeable and professional staff who can assist you with a variety of banking needs:
Connect with us in a variety of ways including phone, email and EasyConnect – which includes online chat, audio call and live video!
Local business matters to VantageOne, and it always has. We have been committed to helping grow our members, local businesses and communities since 1944. As part of our commitment to supporting local businesses, our commercial services team is highlighting some of our outstanding local business members. The featured business we are shining the spotlight on right now is Rusty Spur Tack, Feed & Pet.
Tell us a bit about your business and history.
The Rusty Spur Tack, Feed & Pet has been a fixture in the Lumby area for years and we just opened a new location in Enderby last week! Since 2004, our family run shops have been bringing ranchers, hobby farmers, pet owners and horse owners the highest quality products, unbeatable prices, and outstanding customer service.
We provide nutritional, health and safety products to farm and household animals, non-prescription veterinary products, new and consignment horse tack and supplies, and farm supplies to farmers, hobby farmers, horse owners, enthusiasts and pet owners.
We pride ourselves on our nutritional knowledge and providing exceptional service to customers from Kamloops to Edgewood and beyond.
What do you love most about being in Lumby & Enderby?
Lumby and Enderby are central locations for our business. We are surrounded by farmers, hobby farmers and pet owners. Our customers visit us from Kamloops, Kelowna, Vernon, Salmon Arm, Cherryville, Nakusp, Edgewood and beyond. And, our online store reaches customers nationwide!
We pride ourselves on being part of the community both personally as we live in Lumby and with our business supporting many local and regional events and charities such as the Vernon District Riding Club, the Lumby Stars Hockey Teams, Feed the Valley, the Whitevale Community Centre, local School PAC fundraising and many, many others.We’re looking forward to serving the tight-knit community of Enderby with our new location!
If you could give one piece of advice to new business owners or those thinking of starting a business what would it be?
Either buying or starting a business, it is paramount to have a thorough understanding of the value you provide to your customers and whom those customers are and then tailor everything you do to those customers. Also, know your costs inside and out and track, monitor and manage them on an ongoing basis.
As a small business, it is important to manage your sales, margins and expenses closely and adjust accordingly. Have a plan, write it down, follow it and measure your business against it. Don’t be afraid to adjust the plan when necessary with forethought and planning. And, listen to your gut. It’s usually right. If you know your market, including your customers, products and competition, you should be able to make informed decisions on moving your business forward.
How has VantageOne helped you start, succeed in or grow your business?
Buying our business, part of our plan was to expand our product lines, add new products and build our online presence. VantageOne gave us the ability to manage our liquidity as we built our inventory, our online platform and expanded our physical and online presence. This has allowed us to add new customers, grow our individual receipts/sales and hence grow our business.
Visit Rusty Spur online here to learn more!
Earn 50% More Rewards on Your VantageOne Credit Card
Whenever you use your VantageOne Collabria credit card, you automatically earn reward points that can be redeemed for cash, travel, event tickets, gift cards and more. And here, we’re always looking for ways to help you earn more rewards.
That’s why we are offering you 50% more reward points whenever you shop at discount and stationery stores.1 You can purchase, stationery, books and pens, printers and laptops, headphones and accessories from select merchants – and earn while you spend!
Wondering how the extra reward points work? Well, whenever you shop at a store that falls under merchant category codes classified as discount, stationery and office supplies stores (codes 5310, 5943 and 5111), you’ll automatically earn 50% more rewards.
All you have to do is take your VantageOne Collabria credit card with you when you go shopping – it’s as easy as that! This offer is valid from Aug 1 – Oct 31, 2020, and all rewards-earning cards are eligible.
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Learn more about the Terms and Conditions
