History
 In
1941, both Calgary Firefighters and Calgary Terminal Credit
Unions were founded. Even from this early stage there was
cooperation between the two Credit Unions as the founding
fathers of Calgary Terminal Credit Union Ltd. lent support
in founding the Calgary Firefighters Credit Union Ltd. On
June 5, 1981 the present location was opened by the Calgary
Firefighters Credit Union and in 1987 the Calgary Firefighters
and Calgary Terminal Credit Unions merged. The name was officially
changed from Calgary Firefighters Credit Union to Legacy Savings
& Credit Union Ltd. in July of 1999.
Vision
Statement
To be the preferred financial institution
for current and future members.
Mission
Statement
We
will achieve our vision by providing our members with affordable,
quality financial services while maintaining the cooperative
principle of people helping people.
 What
Does Membership Mean?
Membership
in Legacy Savings & Credit Union Ltd. is sharing a common
bond with fellow members. Every member has an equal say in
the overall direction of the Credit Union. The "one member,
one vote" concept is an integral part of all cooperatives
and is adhered to at Legacy Savings. An Annual Meeting is
held yearly, and members elect a Board of Directors, have
an opportunity to voice their opinions, and vote on the affairs
of the Credit Union.
Membership
Eligibility
Legacy Savings & Credit Union Ltd. is a closed bond Credit Union operating specifically to serve the financial needs of a clearly defined employee group. This group includes current and retired employees, those training for employment, and all family members. The following organizations make up our bond of association:
 All
permanent, part-time, and contract employees of the City of
Calgary including:
 Calgary
Fire Department
Calgary Police Services
Calgary Emergency Medical Services
Enmax
Corporation
Calgary
Transit
CP Rail
EnCana
Corporation
Fording
Canadian Coal Trust
Fairmont
Hotels and Resorts Inc.
Legacy
hotels REIT Units
Employees
of Alberta Credit Union Central
Common Share
Requirements
Each
adult member of Legacy Savings & Credit Union Ltd. is
required to maintain $100 in Common Shares or equity in the
Credit Union. When you first open your membership, you must
purchase a minimum of $25 of the required $100 in Common Shares.
The additional $75 can be purchased in equal amounts over
the following three years.
The
Credit Union will provide minors with $25 in Common Shares
to become a member. When a minor reaches the age of majority,
they must purchase $25 in Common Shares for three years until
the $100 amount has been achieved.
Last
year Legacy Savings & Credit Union paid out $173,000 in
Common Share/Patronage Rebate Dividends and just under $700,000 in
the last 7 years.
Our Board of
Directors
| President |
Pat Rickards |
| Vice President |
Garry Riggs |
| Director |
Harry Vince |
| Director |
James D. Phillips |
| Director |
Lorraine Heming |
| Director |
Robert Weselosky |
| Director |
Alanna Brown |
|
