Are you looking for a reliable and community-focused financial institution in Red Deer? Look no further! Encompass Credit Union in Red Deer offers a comprehensive range of financial products and services tailored to meet the diverse needs of individuals and businesses in the region. Let’s dive into what makes Encompass Credit Union a standout choice for your financial well-being.

About Encompass Credit Union

Encompass Credit Union is more than just a financial institution; it’s a cooperative that prioritizes its members' financial success and community development. With a rich history and a strong commitment to ethical practices, Encompass Credit Union has established itself as a trusted partner for individuals, families, and businesses in Red Deer and beyond. Unlike traditional banks, credit unions like Encompass are member-owned, meaning that profits are reinvested into providing better services, lower fees, and competitive rates for their members. This member-centric approach sets them apart and ensures that your financial goals are always at the forefront.

What truly defines Encompass Credit Union is its dedication to personalized service. They understand that every member has unique financial circumstances and goals. Whether you are saving for your dream home, planning for retirement, or seeking business financing, their team of experienced professionals is committed to providing tailored solutions that fit your specific needs. They take the time to listen, understand your situation, and offer expert advice to help you make informed decisions. This personalized approach fosters long-term relationships built on trust and mutual respect. Moreover, Encompass Credit Union is deeply rooted in the Red Deer community. They actively support local initiatives, charities, and events, contributing to the overall well-being of the region. By choosing Encompass Credit Union, you are not only benefiting from their financial services but also contributing to the growth and prosperity of your community. This commitment to social responsibility further strengthens their reputation as a responsible and caring financial institution.

Services Offered

Encompass Credit Union provides a wide array of services designed to cater to various financial needs. From personal banking to business solutions, they have you covered. Here’s a closer look at what they offer:

Personal Banking

When it comes to personal banking, Encompass Credit Union offers a suite of products designed to help you manage your finances effectively and achieve your financial goals. Their chequing and savings accounts come with competitive interest rates and flexible terms, allowing you to maximize your savings while enjoying convenient access to your funds. Whether you're saving for a down payment on a new house, building an emergency fund, or simply managing your day-to-day expenses, they have an account that suits your needs.

Moreover, Encompass Credit Union provides a range of lending solutions to help you finance your dreams. Their mortgage options are tailored to fit different budgets and lifestyles, making homeownership more accessible. Whether you're a first-time homebuyer or looking to refinance your existing mortgage, their mortgage specialists will guide you through the process and help you find the best solution for your situation. In addition to mortgages, they also offer personal loans for various purposes, such as consolidating debt, financing a major purchase, or covering unexpected expenses. With competitive interest rates and flexible repayment terms, their personal loans can help you achieve your goals without breaking the bank. For those looking to build or repair their credit, Encompass Credit Union also offers secured credit cards and credit counseling services. These resources can help you establish a positive credit history and improve your financial health. Their online and mobile banking platforms provide you with 24/7 access to your accounts, allowing you to manage your finances from anywhere, at any time. You can check your balances, transfer funds, pay bills, and more, all from the convenience of your computer or mobile device. With user-friendly interfaces and robust security features, their online and mobile banking platforms make managing your finances easier and more secure than ever before.

Business Banking

For businesses in Red Deer, Encompass Credit Union offers comprehensive business banking solutions tailored to support growth and success. Understanding the unique challenges and opportunities that businesses face, they provide a range of products and services designed to meet your specific needs.

Encompass Credit Union's business accounts come with features like online banking, cash management tools, and merchant services, making it easier to manage your business finances efficiently. Whether you're a small startup or a large corporation, they have an account that fits your needs and helps you streamline your financial operations. Their lending solutions are designed to help businesses access the capital they need to grow and thrive. They offer business loans for various purposes, such as expanding operations, purchasing equipment, or managing cash flow. With competitive interest rates and flexible repayment terms, their business loans can help you achieve your business goals without putting a strain on your finances. Additionally, Encompass Credit Union provides commercial mortgages for businesses looking to purchase or refinance commercial properties. Their commercial mortgage specialists will work with you to find the best financing solution for your needs, whether you're buying an office building, a retail space, or an industrial facility. They also offer lines of credit, which provide businesses with access to a revolving source of funds that can be used for short-term working capital needs. This can be particularly useful for managing seasonal fluctuations in cash flow or taking advantage of unexpected opportunities. Encompass Credit Union's team of experienced business banking professionals is dedicated to providing personalized service and expert advice to help you make informed financial decisions. They take the time to understand your business and offer customized solutions that fit your specific needs and goals.

Wealth Management

Planning for the future is crucial, and Encompass Credit Union provides wealth management services to help you achieve your long-term financial goals. Their financial advisors work with you to create a personalized investment strategy that aligns with your risk tolerance, time horizon, and financial objectives.

Whether you're saving for retirement, planning for your children's education, or simply looking to grow your wealth, Encompass Credit Union can help you create a roadmap to success. They offer a range of investment products, including mutual funds, stocks, bonds, and more, allowing you to diversify your portfolio and maximize your returns. Their financial advisors will provide you with ongoing support and guidance, helping you stay on track and make adjustments to your strategy as needed. Retirement planning is a key component of their wealth management services. They can help you navigate the complexities of retirement savings, including RRSPs, TFSAs, and other retirement accounts. Their advisors will work with you to determine how much you need to save, what types of investments are appropriate for your situation, and how to manage your retirement income. Encompass Credit Union also offers estate planning services to help you protect your assets and ensure that your wishes are carried out. Their estate planning specialists can help you create a will, set up a trust, and plan for the transfer of your assets to your heirs. They will work with you to ensure that your estate plan is comprehensive and up-to-date. Their commitment to financial education sets them apart. They offer workshops, seminars, and one-on-one consultations to help you improve your financial literacy and make informed decisions. They believe that empowering their members with knowledge is essential for achieving long-term financial success.

Community Involvement

Encompass Credit Union is deeply committed to the Red Deer community, actively participating in local initiatives and supporting various organizations. This commitment goes beyond just providing financial services; it's about investing in the well-being of the community they serve.

Encompass Credit Union regularly sponsors local events, such as festivals, sports tournaments, and charity fundraisers. These sponsorships help to bring people together, promote community spirit, and support important causes. They also partner with local non-profit organizations to provide financial support and volunteer hours. These partnerships allow them to make a meaningful impact on the lives of those in need. One of the ways they demonstrate their commitment to education is through scholarships and grants for local students. These scholarships help to make higher education more accessible and support the next generation of leaders. Encompass Credit Union also encourages its employees to volunteer their time and talents in the community. They provide employees with paid time off to volunteer for causes that are important to them. This demonstrates their commitment to social responsibility and encourages their employees to give back to the community. Their community involvement extends to financial literacy programs as well. They offer workshops and seminars to help individuals and families improve their financial literacy and make informed decisions. These programs are designed to empower people to take control of their finances and achieve their financial goals. Encompass Credit Union also supports local businesses by providing access to capital and business banking services. They understand that small businesses are the backbone of the community and are committed to helping them thrive.

Why Choose Encompass Credit Union in Red Deer?

Choosing a financial institution is a significant decision. Encompass Credit Union in Red Deer offers several compelling reasons to make them your financial partner:

• Member-Owned Structure: As a credit union, Encompass is owned by its members. This means profits are reinvested into providing better services, lower fees, and competitive rates.
• Personalized Service: They prioritize understanding your individual needs and providing tailored financial solutions.
• Community Focus: Encompass is deeply involved in the Red Deer community, supporting local initiatives and contributing to the region's well-being.
• Comprehensive Services: From personal and business banking to wealth management, they offer a wide range of services to meet all your financial needs.
• Ethical Practices: Encompass is committed to ethical and responsible financial practices, ensuring your money is in safe hands.

In conclusion, Encompass Credit Union in Red Deer stands out as a reliable, community-focused, and member-centric financial institution. Whether you're looking for personal banking services, business solutions, or wealth management advice, they have the expertise and commitment to help you achieve your financial goals. Consider joining Encompass Credit Union and experience the difference of banking with a cooperative that truly cares about your financial well-being and the prosperity of the Red Deer community. By choosing Encompass Credit Union, you are not just opening an account; you are becoming part of a community that values your success and supports your financial aspirations.