About Us
 Ongoing growth is a goal and a commitment we’ve made here at TCSB Credit Union. Membership in our credit union is open to any employee of the school board as well as any member of their family.Help us grow our membership by suggesting to your fellow employees and family members that membership is ownership. It makes sense to be an owner of your financial institution rather than a customer who has no say in the direction of his or her funds. We focus on providing full-service personalized banking. We believe you’re happy with the services you receive and we’d love to prove that to your colleagues and families as well, refer a member today and we’ll thank you with a special gift.
Mission Statement:
“ To provide our community with quality financial products, convenience, and superior service.”
Membership Application
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The Credit Union Story
- Begun in Quebec in 1900 by A. Desjardins, the Credit Union system was organized as a co-operative system for people of ordinary means to borrow money
- Expanded rapidly as it avoided the exorbitant interest rates charged by private lenders to ordinary workers
- Popularized by School Boards, labour organizations and church groups from the 1920’s to 1970’s as an alternative banking system, owned and managed by its members
- 1 in 3 Canadians are members of Credit Unions or Caisses Populaires
- Our TCSBECU was established in 1971 to assist employees of this School Board to borrow, save and manage their finances
- Governed under the authority of the Ontario Ministry of Finance and guaranteed by the Deposit Insurance Corporation of Ontario to protect member deposits
- Members meet annually to elect a Board of Directors who, as volunteers, employ qualified staff to manage the day-to-day operations
- Although established as a support to all employees, the Credit Union is fully arm’s length from all School Board business as is the business of the C.U. from the School Board
- This Credit Union has grown and expanded over the years offering a full range
of banking services and
financial options while
being an active contributor
to the community it serves,
particularly The Angel
Foundation for Learning
Hands and Globe Logo 
- Globe represents the world-wide scope of Credit Union banking
- People within the globe represent how people, working together, define the Credit Union system
- Cupped hands represent the financial security of Credit Unions as managed by its members
- This is the official symbol of Credit Unions in over 70 countries
Benefits of Membership
- Democratic - you share in decisions and profits
- Service - emphasis is on personal, friendly service
- Choice - a full package of products and services at costs comparable to any bank
- Commitment to Community - co-operation with other community-based organizations
- Competitive Prices - charges for services are comparable or lower than the competition
Core Values:
- Caring/supportive/committed/respectful
- Trust and financial security
- Community
Vision Statement:
- To provide superior service
- To cooperate in supporting financial needs in the TCDSB community
- To value friendships, people, and personal growth
- To be a progressive and supportive community partner
- To model behaviour that is ethical
- To be a trusted financial partner
TCSBECU is proud to partner with The Angel Foundation for Learning. Both organizations emulate the qualities of care and compassion.
TCSBECU generously supports the work of the Foundation by:
- Offering an annual bursary to a graduating student pursuing studies at the post-secondary level
- Offering the School Community Award, promoting school community, to an elementary school
- Donating prizes for fundraising events
ANNUAL REPORT
Becoming a Director of TCSBECU
Its very rewarding being part of your Credit Union. becoming a director si the best way to get involved
If you would like to nominate someone for this position please use the forms below
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