Financial Institutions – What exactly are you doing for me?

Everyone should be able to answer this question.  How does your Financial Institution actually help you? A bank is a business. First and foremost, all activities are expected to show a profit and the business is run by people who answer to their investors. These investors expect a certain return on their investment and the more they have invested, the more they expect in return. Does it surprise you to know that each little fee and charge is essentially going into  the pockets of an investor?

TECU exists solely to enhance the financial position of our members. Our profits are reinvested back into our members in the form of free products and services, loan interest rebates, dividends, bonus deposit interest, technologically advanced products like mobile banking and Interac® Tap debit cards.

Our members know we’re reinvesting in what’s important. Our members! What does your Financial Institution invest in?

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