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Benefits of becoming a Member at the Edam Credit Union


You don't just open an account with a credit union - you join a credit union.  Membership is the most distinctive feature of the credit union system. The fundamental operating principle of credit unions is democratic ownership: one member, one vote, regardless of the amount of shareholdings or deposits. That means you have a voice, along with other members, in setting the credit union's direction at the local level, where services meet your needs. You can also share in the distribution of earnings and seek election to the credit union's board of directors. Once you are a member, you will have access to all of the products and services for which you are eligible.


We have a lot to be proud of at Edam Credit Union.  We're rooted in the past but growing strong in new directions, offering members innovative core banking services as well as investment, insurance and planning services that are second to none.


In all we do, we remain dedicated to the credit union philosophy.  What does this mean?  We believe in putting people first- members are the driving force behind our credit union.  Our priority is to always have our members best interests in mind and to treat our members as they expect and deserve to be treated.  We put members before profit.  We actively support our community.  We strengthen the local economy.  We provide above-average jobs.  Whether on the front line or behind the scenes, our employees are outstanding.  We are proud to salute them, and confident in their ability to keep us moving ahead.


Requirements for Opening a NEW Membership Account


1. Contact us to book an appointment to purchase a membership share and open an account today.  Depending on your needs, this appointment may take 30 minutes to one hour.


2. To help us serve you better, and to meet our legal requirements, two pieces of acceptable identification will be required. The identification must be original and valid (not expired). At least one piece of identification must be the following:

  • Driver's license

  • Birth Certificate

  • Passport

  • Permanent Resident Card or other similar document

  • Indian Status Card/Treaty Card

  • Saskatchewan Health Card



3. The following personal information:

  • Full legal name

  • Social Insurance Number (SIN)

  • Date of birth

  • Current Address-complete mailing and civic address (house number, street address, or land location)

  • Employer

  • Occupation

  • Phone number(s)


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