Who We Are

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 location on 12th Avenue 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. In the fall of 2009, Legacy Savings & Credit Union moved to their new location at 1940 - 9 Avenue S.E.

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.

Over the last 8 years Legacy Savings & Credit Union has approved over $750,000 in Common Share/Patronage Rebate Dividends.

Our Commitment to Privacy & to You

We value our members' privacy and opinions. Please click here to view our Privacy Policy. If you have a complaint, concern or other feedback regarding Legacy Savings, please click here to view our Quality Service Program policy.

Our Board of Directors