Credit unions are financial institutions that offer a full range of products and services similar to those offered by banks and trust companies.

While products and services are similar, credit unions operate in a very different way. A manner that can benefit you in many ways. Credit unions are cooperative organizations that are owned, directed and controlled by the people they serve - their members.

What does this mean for you? It means that, as a member of a credit union, you have the opportunity to participate in setting the direction of the credit union. And to participate in the credit union's profits.

That's right! With your initial common share investment, you become an owner of the credit union. This entitles you to attend the credit union's annual general meeting and vote on important changes and new initiatives.

And, when the credit union profits, so do you. Because, when the credit union has a surplus, these funds are distributed back to its membership. Funds can be distributed through common share interest payments or through patronage dividend payouts based on the business a member has with the credit union.

Apex Credit Union is one of a network of autonomous credit unions operating within Alberta, throughout Canada and around the world. Apex is an "open bond" credit union operating to service the financial needs of all residents of Alberta.

For over 50 years Apex Credit Union has responded to your unique needs. Adding new products and services and changing existing ones. All to ensure our members have access to a full range of products and services. Products with up-to-date and extremely competitive features.

Apex Credit Union offers you the utmost in security on your deposits. All funds on deposit with the credit union, including accrued interest, are 100% guaranteed by the Credit Union Deposit Guarantee Corporation (CUDGC)*. This ensures your money is safe and secure up to any dollar amount.

* CUDGC does not guarantee common share investments or Ethical Funds Mutual Funds.

Apex Credit Union Ltd. was incorporated February 1940 and has continuously served it's membership since.

The Board of Directors consists of 9 volunteers representing our community. Currently Directors include people from private business, SAIT, Mount Royal College and Telus. The Board meets on a monthly basis to review the financial status of your Credit Union.

The Board of Directors are responsible for setting policies and seeing they are carried out. They are also responsible for hiring and overseeing the General Manager.