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Member news

Be in the know - the latest news and updates about your credit union.

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Enhancing member service with Artificial Intelligence (AI)

February 22, 2023

In 2021 Gulf & Fraser partnered with Theory+Practice to ito enhance our personalized services, using Artificial Intelligence (AI) as a tool to help provide the right advice to the members, at the right time. As a result, we can provide members personalized advice and products, creating more value and engagement.

Our data-powered solution uses a unique blend of behavioural economics and AI to deliver messages to credit union members which offer more value through meaningful financial advice that’s relevant to each person and guidance on what products could help them meet their financial goals.

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2022 member dividend payout

February 17, 2023

Great news—the Board of Directors approved higher returns on your investments. Here's what you'll receive:

  • Non-Equity Shares: 1.00%
  • Investment Equity Shares: 6.50%*
  • Equity Shares: 5.00%*

*That's a 2% increase compared to last year's returns!   

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Supporting the Red Cross earthquake relief

February 16, 2023

In light of the devastating earthquakes in Türkiye and Syria, Gulf & Fraser is supporting the Red Cross to provide immediate humanitarian relief to people impacted by this disaster. We encourage our members and fellow credit unions to consider supporting this effort—every donation, big or small, can make a positive impact in the lives of those affected by this disaster.

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Grand Forks Director joins Gulf & Fraser Board

January 31, 2023

Daniel Drexler is an entrepreneur and Manager of Information Technology for the City of Grand Forks. He served on the GFCU Board for 7 years before the merger with Gulf & Fraser.

Welcome aboard Daniel!

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Gift of Giving initiative update

January 24, 2023

Ending off 2022 on a high note, Gulf & Fraser was committed to supporting the people and organizations in our communities that make us stronger. We gave back $100,000 to local groups in the Lower Mainland and Fraser Valley and focused on charities improving health, social care, and the environment—three of the most impacted social sectors. 

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The Gulf & Fraser Foundation is now accepting applications!

January 2, 2023

The Gulf & Fraser Foundation provides financial assistance to charities and non-profit agencies that build on the values of Gulf & Fraser to make a positive and lasting impact in the community. It supports organizations prioritizing community health, social care, and a positive environmental impact. If this sounds like you, apply now.

Application period: January 2 - April 30
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Supporting communities across the Boundary Region

December 28, 2022

Over the next three years, Gulf & Fraser will donate $150,000 for a total gift of $400,000 to benefit communities in Grand Forks and across the Boundary region. Following a membership vote in favour of joining BC credit union, Gulf & Fraser on January 1, 2023, the Board of Grand Forks Credit Union has approved a significant donation to the Phoenix Foundation as a thank you to members for supporting their future vision.

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United Way 2022 fundraising result

December 6, 2022

Since 2001, Gulf and Fraser has been a strong supporter of United Way – 2022 was no different. We're ecstatic to announce we contributed a total of $81,927 towards United Way fundraising efforts this year! Thank you to UW for the difference it makes in our communities. 

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Interior Savings Credit Union and Gulf & Fraser engage in merger discussions. Two BC credit unions look to unite the province.

October 6, 2022

This news comes as credit unions across the country prepare for the Canadian Government to introduce Open Banking, which will give consumers more choice in financial services while removing barriers to international players. Interior Savings and Gulf & Fraser are among many credit unions looking to combine resources to stay competitive and relevant well into the future.

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Gulf & Fraser to open 7th branch in Vancouver

September 9, 2022

Gulf & Fraser will open a new branch in south Vancouver, its seventh branch in the city. Slated to open in early 2023, the Oakridge Branch will be located in the new Cambie Gardens development situated between Cambie and Heather Street from West 57th to West 59th Avenue. 

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Get rewarded for taking steps to reach your financial goals

June 15, 2022

Explore the NEW Member Rewards Program. Join a program that rewards you as you strive to achieve your financial goals.