@vancity.com
Vancity is a values-based financial co-operative that uses its assets to improve the financial well being of its members as well as their communities.
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About
Description
Vancity, also known as Vancouver City Savings Credit Union, is a financial cooperative located in Vancouver, British Columbia, Canada. Founded in 1946, it is the largest credit union in Canada, with over 534,000 members and assets of $28. 8 billion in 2020.
The headquarters of Vancity is based in Vancouver, in a building called Vancity Centre. It serves as the central hub for the organization, housing various departments and divisions. Vancity offers a wide range of products and services to its members.
These include personal and business banking, investment services, mortgages, loans, insurance, and wealth management. Additionally, Vancity is known for its innovative approach, offering socially responsible investments and providing specialized services for non-profit organizations and social enterprises. While Vancity primarily operates in the local market, it also has a global presence.
The credit union partners with organizations across the world to advance its goals of financial inclusion and community development. Vancity has established joint ventures and subsidiary entities, including Ethical Investors Ltd., which specializes in sustainable investments, and Citizens Bank of Canada, an online banking subsidiary. In terms of market position, Vancity holds a significant share in the Canadian financial industry.
It is widely recognized for its commitment to environmental sustainability, social justice, and community development. Vancity has received numerous awards and accolades for its responsible and ethical business practices. Over the years, Vancity has undertaken major events and initiatives to fuel its growth.
Notably, in 2018, it launched the Good Money™ brand, which redefined its commitment to aligning its operations with the betterment of the community. The brand emphasized Vancity's dedication to fair banking, climate action, housing affordability, and social justice. Currently, Vancity continues to thrive as a leader in the credit union sector.
It remains committed to its mission of building communities that are socially, economically, and environmentally sustainable. Vancity's latest updates focus on advancing its digital capabilities, enhancing member experience, and deepening its impact on the community. In conclusion, Vancity is a prominent financial cooperative based in Vancouver, Canada.
It offers a diverse range of products and services, operates globally through partnerships, and holds a strong market position in Canada. With its dedication to responsible banking, Vancity has established itself as a trusted and influential force in the financial industry
Company Type
Privately Held
Company Size
1001-5000
Year Founded
1946
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