Member news

August 16, 2023

As communities across BC fight the worst fire season on record, we're teaming up with Interior Savings and United Way BC to support those impacted with a $20,000 pledge. For a limited time, every dollar donated to the United Way for BC Wildfire Recovery Fund will be matched by our credit unions. The fund is focused on helping people during times of crisis by filling in gaps in food assistance, mental health support, and rebuilding infrastructure.

Donate here

June 22, 2023

"After 30 plus years with Gulf & Fraser and supporting the credit union system, we share today our intention to retire. It's been an honour to have overseen the incredible evolution of Gulf & Fraser and we're excited to see what the future holds," say Bill Kiss and Jeff Shewfelt, Co-CEOs, Gulf & Fraser. 

The exact date of their retirement is not yet determined.

June 6, 2023

Gulf & Fraser and fintech company Mobetize continue to strengthen their partnership as they develop the Gulf & Fraser Marketplace – a unique omni-channel experience that provides a seamless onboarding experience for members, both online and in-person. This innovative platform, designed to deliver a comprehensive range of services, reflects Gulf & Fraser’s commitment to investing in the ever-evolving digital and financial landscape. Serving as a digital ecosystem, the Marketplace will enhance members’ banking experiences, their financial well-being, and eventually, their lifestyles.

May 29, 2023

Thank you, members, for your continued support and trust as we carry out the technical work to bring GFCU Savings into our family. We're happy to welcome our newest members in southeastern BC.

An update on our proposed merger with Interior Savings Credit Union in Kelowna: we are waiting for consent to proceed to a member vote from our regulator, the BC Financial Services Authority. You can learn more about the proposed merger at www.togetherwearebetter.ca. Click below to read a letter to members from Co-CEOs, Bill Kiss and Jeff Shewfelt.

May 26, 2023

Earn up to $10 a month as you strive to achieve your financial goals. Our rewards program was co-created by members for members, and rewards you for:

• Getting advice to better understand your financial situation

• Managing your money effectively

• Building and maintaining healthy spending and saving habits

Available to GFCU members starting July 2023!

May 17, 2023

After a distinguished career in the financial services industry spanning four decades, Becky Clements, former CEO of Grand Forks District Savings Credit Union (now GFCU Savings), has announced her retirement. Clements began her tenure in the financial services industry in 1983, and the credit union system in 1999. She moved to GFCU Savings 10 years ago and has since played a pivotal role in the credit union's growth and success. Under her leadership, GFCU Savings recently completed a successful merger with Gulf & Fraser.

Congratulations on your achievements, Becky!

Watch Becky's retirement video 

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.