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Member News

What's new and coming up at Khalsa Credit Union


April 05, 2024
We recently sent out a notice regarding the Board of Director Election and AGM, and we've identified an error in one of the dates.
Please note that the upcoming director election is scheduled to take place on April 28, 2024.
Additionally, our Annual General Meeting (AGM) will be held on May 12, 2024. For updated notice please Click here

Please Click here to view and download the Proxy form for Directors' election purpose.

Feb 15, 2024
Effective March 18, 2024, branch hours for both Newton Branch and 128 Street Branch have been updated

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Mar 27, 2023
Khalsa Credit Union Announces Hardeep Singh Bains as CEO

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Mar 13, 2023
Khalsa Credit Union chooses ASAPP OXP as its member engagement and digital transformation
platform partner

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July 06, 2022
Khalsa Credit Union announced the appointment of Hardeep Singh Bains as Interim CEO

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Canada Emergency Business Account (CEBA)

CEBA is a government-guaranteed loan of up to $40,000, interest-free until December 31, 2022, for qualifying businesses and non-profits that have been affected by COVID-19 to help them cover non-deferrable operating costs.


  • Must be an operating company (not a holding company) registered in Canada
  • Have an annual payroll between $20,000 and $1.5 million based on its 2019 T4SUM Summary of Remuneration Paid. Member can contact CRA to have them reissued to the business.
  • Have KCU as their primary bank with good standing existing borrower
  • Applicant must provide its business contact information, including an email address and phone number.
  • As of June 26, 2020, businesses eligible for CEBA now include:
    • Owner-operated small businesses that do not have a payroll;
    • Sole proprietors receiving business income directly;
    • Family-owned corporations remunerating in the form of dividends rather than payroll.

How to apply 

CEBA application under Expanded Eligibility Criteria is open for members through online banking.

In case you don’t have online banking access then we will accept in person request at our branches.

Else, please call in to your respective branch on more information in filing CEBA Loan Application.

Submit your CEBA Application securely in easy steps:

Step 1: Login into online banking from your desktop browser (and not through KCU mobile app)

Step 2 : Go to 'Account services --> Canada Emergency Business Account (CEBA)’

Step 3: Fill up the CEBA Application and submit

Step 4: Receive CEBA Application confirmation on browser screen as well in your registered mail id.



Contact Khalsa Credit Union


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We’ll reply within same business day (if possible), or the next business day.

Book an Appointment

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We’ll reply within same business day (if possible), or the next business day.

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