Most credit unions in Nova Scotia are community credit unions, which means that yes, anyone can join and use the services of the credit union. Some credit unions provide services to specific employee groups, such as teachers, provincial employees and postal workers. Becoming a member is as simple as purchasing a membership share. If you ever leave the credit union, your investment is returned to you. Being a member of a credit union gives you a voice in the future of your financial institution.
Credit unions operate according to the democratic principle of one member, one vote.
Members elect fellow members to serve on the credit union's board of directors. Management and staff carry out their duties in accordance with the direction set by the board of directors. Most credit unions in Nova Scotia are community credit unions. Credit unions operate according to the democratic principle of one member, one vote.