2376:
29:
302:
where a loan agreement had already been signed, to "keep access to your lines of credit and avoid any disruptions", threatening that it may have had to "take further action" on their accounts should they not have complied. Vancity abandoned this course of action later that year in response to adverse
266:
On
September 28, 1946, 14 Vancouver residents signed a charter to establish an open-bond credit union that would be open to any resident of the city, regardless of social affiliation. On October 11, 1946, Vancouver City Savings Credit Union opened to the public. By the end of 1946, total assets were
452:
423:
Through its subsidiaries
Citizens Bank and Vancity Community Investment Bank, Vancity was formerly a major issuer of prepaid reloadable Visa and non-reloadable cards which were branded for various resellers, including Arctic Co-Op and
436:, Peoples Card Services Limited Partnership, Peoples Card Services Ltd., Vancouver City Savings Credit Union, Citizens Bank of Canada, Amex Bank of Canada and All Trans Financial Services Credit Union Limited among its defendants.
250:
Vancity began operations in 1946 as an open-bond credit union in
Vancouver, British Columbia, Canada. Initially a financial co-operative consisting of 14 Vancouver residents, Vancity has grown to serve British Columbia's
270:
Vancity first operated out of a former machine shop on the corner of
Broadway and Quebec streets in Vancouver. By the end of 1951, membership had reached 2,000. Assets grew rapidly after the introduction of
576:
1642:
1261:
552:
1407:
1538:
1392:
2396:
439:
Vancity responded by withdrawing the cards from the market in 2021. The Canada Post / Zenwallet prepaid Visa did return to the market in
October 2022, but with
298:
In 2009, Vancity attempted to force 18,000 of its members to sign documents that would have allowed the credit union to unilaterally increase interest rate on
1637:
879:
1497:
360:
2019: VCIB acquired CoPower, a sustainable investment platform that issues green bonds and funds loans for clean energy and energy efficiency projects.
855:
2233:
354:
2014: one of the first mainstream financial institutions to launch an alternative to payday loans for its members, the
Vancity Fair & Fast Loan™.
2401:
1531:
761:
566:
897:
324:
1967: the first financial institution in Canada to offer a daily interest savings account, calculating interest earnings on a daily basis.
1524:
542:
2406:
2167:
837:
994:
985:
787:
1455:
721:
2416:
1672:
1492:
342:
2002: the first financial institution in Canada to market to the gay and lesbian community through mainstream advertising.
2052:
1450:
475:
1030:
1667:
1548:
1100:
1382:
1167:
321:
1961: the first financial institution in
British Columbia to provide mortgages to women without a male co-signer.
315:
1946: the first financial institution to provide mortgages for properties in
Vancouver's working class east end.
1370:
709:
669:
653:
637:
621:
601:
505:
363:
2022: Vancity becomes the first
Canadian financial institution to set real estate emissions reduction targets.
1612:
1562:
1932:
1892:
1817:
1132:
978:
2037:
517:
339:
1997: the first financial institution in Canada to establish a branchless bank, Citizens Bank of Canada.
2366:
2122:
1992:
1707:
1582:
256:
2077:
1972:
1857:
1339:
1233:
1182:
1142:
2411:
2308:
2258:
2072:
1324:
1017:
735:
398:
348:
2010: the first financial institution in Canada to join the Global
Alliance for Banking on Values.
2192:
2127:
2082:
1697:
1266:
1228:
1205:
1157:
1147:
1127:
971:
413:
2313:
2162:
1797:
1349:
915:
373:
2328:
2172:
2092:
2057:
1872:
1702:
1607:
1402:
1329:
1319:
1293:
1223:
1152:
1105:
1064:
762:"Vancity Becomes the Largest Organization in Canada to Adopt Living Wage Policy – First Call"
333:
1988: the first financial institution in Canada to offer a Registered Education Savings Plan.
272:
2248:
2243:
2223:
2047:
1942:
1937:
1807:
1632:
1334:
1042:
336:
1991: the first credit union in Canada to acquire a trust company, Citizens Trust Company.
8:
2067:
1957:
1722:
1717:
1622:
1344:
1314:
1256:
1137:
327:
1980: the first financial institution in Canada to offer an all-in-one banking statement.
2348:
2338:
2288:
2187:
2132:
2027:
1947:
1927:
1782:
1460:
1397:
1271:
242:
in assets plus assets under administration, 60 branches and more than 543,000 members.
69:
64:
330:
1986: offers Canada's first socially responsible mutual fund, the Ethical Growth Fund.
2333:
2298:
2293:
2107:
2022:
1657:
1516:
1387:
1035:
705:
704:
Hardin, Hershel (1996). Working Dollars, p. 465. Douglas & MacIntyre, Vancouver.
665:
664:
Hardin, Hershel (1996). Working Dollars, p. 411. Douglas & MacIntyre, Vancouver.
649:
648:
Hardin, Hershel (1996). Working Dollars, p. 280. Douglas & MacIntyre, Vancouver.
633:
632:
Hardin, Hershel (1996). Working Dollars, p. 128. Douglas & MacIntyre, Vancouver.
617:
597:
501:
455:. In December 2010, Vancity joined the Global Alliance for Banking on Values (GABV).
417:
351:
2011: the largest organization in Canada (at the time) to adopt a Living Wage policy.
311:
Vancity has a history of innovation in the North American financial services market:
1095:
963:
2323:
2238:
2112:
2017:
2007:
1997:
1987:
1967:
1962:
1822:
1812:
1732:
1652:
1647:
1377:
1288:
1110:
1090:
1046:
1025:
390:
260:
2343:
2117:
2097:
1832:
1787:
1767:
1712:
1682:
1572:
1365:
1117:
1068:
687:
428:. The high fees and expiry dates associated with the cards were the subject of a
233:
122:
1747:
345:
2008: the first financial institution in North America to become carbon neutral.
2353:
2177:
2137:
2087:
1912:
1882:
1877:
1837:
1777:
1752:
1677:
1276:
1122:
1057:
402:
386:
357:
2017: Citizens Bank of Canada renamed Vancity Community Investment Bank (VCIB).
299:
252:
2390:
2278:
2268:
2152:
2042:
1917:
1902:
1897:
1772:
1592:
1587:
1476:
1162:
440:
433:
394:
227:, British Columbia, Canada. By asset size, Vancity is the largest community
2380:
2318:
2253:
2202:
1952:
1867:
1762:
1627:
1617:
1281:
1085:
429:
409:
228:
220:
51:
2273:
2263:
2102:
1982:
1847:
1742:
1727:
1567:
451:
Vancity is a member of Central 1 Credit Union and is registered with the
425:
929:
318:
1959: the first financial institution in Canada to offer open mortgages.
2197:
1862:
1052:
184:
137:
37:
2182:
2062:
1907:
1887:
1577:
1177:
898:"Pre-paid credit card class action suit approved by B.C.'s top court"
406:
224:
217:
100:
2147:
2012:
2002:
1977:
1852:
1802:
1687:
1597:
571:
547:
2283:
1922:
1842:
1827:
1792:
1692:
1643:
British Columbia Society for the Prevention of Cruelty to Animals
1602:
812:
2228:
2218:
2032:
1757:
1662:
28:
453:
Credit Union Deposit Insurance Corporation of British Columbia
2142:
1737:
838:"Vancity announces 2025 financed emissions reduction targets"
156:
930:"Global Alliance – For Banking on Values ~ Vancity (Canada)"
2303:
880:"Terms and Conditions | Prepaid Reloadable Visa* Card"
856:"IMPORTANT UPDATE ABOUT YOUR VISA* RELOADABLE PREPAID CARD"
397:. Through wholly owned subsidiaries, Vancity also operates
956:
1546:
588:
586:
291:
billion by 1980. As of 2018, current assets are $ 22.9
198:
2364:
993:
583:
1498:Financial Services Regulatory Authority of Ontario
2234:British Columbia Resources Investment Corporation
567:"Vancity drops plan to hike line of credit rates"
2397:Financial services companies established in 1946
2388:
1638:British Columbia Maritime Employers' Association
1433:
543:"B.C. credit union urges customers to pay more"
1532:
979:
788:"Vancity offers alternative to payday loans"
385:Vancity's primary lines of business include
500:p. 18. Douglas & MacIntyre, Vancouver.
2168:Vancouver Orphan Kitten Rescue Association
1539:
1525:
986:
972:
722:"December 10 2008 Media Release – Vancity"
27:
681:
679:
677:
470:
468:
393:banking (deposit-taking and lending) and
476:"Vancity beats 2018 income expectations"
2402:1946 establishments in British Columbia
1456:Canada Mortgage and Housing Corporation
2389:
685:
674:
616:. Douglas & MacIntyre, Vancouver.
465:
1673:Central City Brewers & Distillers
1520:
1432:
1203:
1005:
967:
303:publicity and backlash from members.
1493:Canada Deposit Insurance Corporation
1006:
688:"Working Dollars: The Vancity Story"
596:Douglas & MacIntyre, Vancouver.
367:
2053:Premium Brands Holdings Corporation
1451:Business Development Bank of Canada
785:
579:from the original on April 6, 2023.
555:from the original on April 8, 2023.
210:Vancouver City Savings Credit Union
22:Vancouver City Savings Credit Union
13:
1668:Canucks Sports & Entertainment
1031:Canadian Imperial Bank of Commerce
14:
2428:
2407:Credit unions of British Columbia
1470:Provincial financial institutions
1204:
1173:Vancity Community Investment Bank
995:Banks and credit unions in Canada
948:
189:Vancity Community Investment Bank
2374:
922:
908:
890:
872:
848:
830:
805:
779:
754:
728:
714:
698:
658:
1444:Federal financial institutions
642:
626:
606:
559:
535:
510:
490:
275:in the same year, reaching $ 5
1:
1613:BC Liquor Distribution Branch
1563:49th Parallel Coffee Roasters
458:
446:
306:
2417:Companies based in Vancouver
1933:Justason Market Intelligence
1434:Other financial institutions
1133:First Nations Bank of Canada
478:. Vancity.com. March 7, 2019
443:as the issuing institution.
7:
2038:Parallel 49 Brewing Company
916:"Visa Prepaid Cards – VCIB"
380:
231:in Canada as of 2019, with
84:; 78 years ago
10:
2433:
2123:Steamworks Brewing Company
1993:Mountain Equipment Company
1708:Coast Mountain Bus Company
1583:Advanced Cyclotron Systems
273:personal chequing accounts
245:
212:, commonly referred to as
2211:
2078:Ritchie Bros. Auctioneers
1973:McLean Group of Companies
1893:Hospital Employees' Union
1858:Great Northern Way Campus
1555:
1485:
1469:
1443:
1439:
1428:
1358:
1307:
1249:
1242:
1234:UNI Financial Cooperation
1216:
1212:
1199:
1183:Wealth One Bank of Canada
1143:Laurentian Bank of Canada
1078:
1016:
1012:
1001:
932:. Gabv.org. June 20, 2014
694:. Douglas & McIntyre.
686:Hardin, Herschel (1996).
193:
183:
173:
154:
135:
117:
107:
96:
78:
57:
47:
35:
26:
2309:Pacific Western Airlines
2259:Foley, Welch and Stewart
1243:Provincial credit unions
612:Hardin, Hershel (1996).
592:Hardin, Hershel (1996).
496:Hardin, Hershel (1996).
287:million in 1973, and $ 1
2193:Wheaton Precious Metals
2128:Synthetic Entertainment
2083:Russell Brewing Company
1168:President's Choice Bank
1158:National Bank of Canada
1148:Manulife Bank of Canada
1128:Exchange Bank of Canada
736:"Good News Bank Story?"
414:real estate development
2314:The Pas Lumber Company
2163:Vancouver Film Studios
1798:First Quantum Minerals
1163:Peoples Bank of Canada
1096:Bank of China (Canada)
376:(1983–1995, 2007–2016)
374:Robert Arthur Williams
283:million in 1965, $ 100
2329:Radical Entertainment
2173:Vantage Airport Group
2093:Shavick Entertainment
2073:Ricky's All Day Grill
2058:Prospera Credit Union
1873:Harbour Air Seaplanes
1703:Coast Capital Savings
1608:Ballard Power Systems
1224:Coast Capital Savings
1217:Federal credit unions
1106:Canadian Western Bank
1065:Toronto-Dominion Bank
434:Peoples Trust Company
279:million in 1962, $ 10
16:Canadian credit union
2249:Distinctive Software
2244:Catalena Productions
1938:Kerberos Productions
1808:Freshlocal Solutions
1633:Brightlight Pictures
1043:Royal Bank of Canada
902:Vancouver Is Awesome
884:canadaprepaidcard.ca
792:www.vancouversun.com
518:"Founding – Vancity"
216:, is a member-owned
2133:T&T Supermarket
2068:Relic Entertainment
1958:Lululemon Athletica
1718:Crosslight Software
1623:BlueShore Financial
1547:Companies based in
1257:BlueShore Financial
1091:AMEX Bank of Canada
742:. December 17, 2010
575:. August 11, 2009.
175:Number of employees
113:Wellington Holbrook
23:
2349:United Front Games
2339:Rockstar Vancouver
2289:Island Express Air
2188:West Fraser Timber
2028:Pacific Blue Cross
2013:Nintendo of Canada
1963:Lush North America
1948:Klei Entertainment
1928:Jim Pattison Group
1783:Envision Financial
1748:Dollar Tree Canada
1461:Farm Credit Canada
1383:Desjardins Ontario
1272:Envision Financial
1101:Canadian Tire Bank
551:. August 5, 2009.
418:investment advisor
103:, British Columbia
70:Commercial banking
65:Financial services
21:
2362:
2361:
2334:Recon Instruments
2299:Mozilla Messaging
2294:MacMillan Bloedel
2224:Barnard's Express
2108:SoftQuad Software
2023:Ocean Productions
1943:Kin's Farm Market
1823:Gulf & Fraser
1658:Canada Wide Media
1514:
1513:
1510:
1509:
1506:
1505:
1486:Deposit insurance
1424:
1423:
1420:
1419:
1416:
1415:
1289:Gulf & Fraser
1262:Coastal Community
1195:
1194:
1191:
1190:
1138:ICICI Bank Canada
1036:Simplii Financial
692:Herschelhardin.ca
432:suit which named
368:List of directors
223:headquartered in
207:
206:
179:2,675 (2019)
2424:
2379:
2378:
2377:
2370:
2324:Propaganda Games
2239:Capcom Vancouver
2113:Squirrel Systems
2008:Next Level Games
1968:Macdonald Realty
1813:Freshslice Pizza
1733:Dairyland Canada
1723:CTBC Bank Canada
1653:Cactus Club Cafe
1648:BroadbandTV Corp
1541:
1534:
1527:
1518:
1517:
1441:
1440:
1430:
1429:
1378:Desjardins Group
1250:British Columbia
1247:
1246:
1214:
1213:
1201:
1200:
1111:Motive Financial
1047:HSBC Bank Canada
1026:Bank of Montreal
1014:
1013:
1007:For-profit banks
1003:
1002:
988:
981:
974:
965:
964:
960:
959:
957:Official website
942:
941:
939:
937:
926:
920:
919:
912:
906:
905:
894:
888:
887:
876:
870:
869:
867:
865:
860:
852:
846:
845:
834:
828:
827:
825:
823:
809:
803:
802:
800:
798:
786:Griffin, Kevin.
783:
777:
776:
774:
772:
758:
752:
751:
749:
747:
732:
726:
725:
718:
712:
702:
696:
695:
683:
672:
662:
656:
646:
640:
630:
624:
610:
604:
594:Working Dollars.
590:
581:
580:
563:
557:
556:
539:
533:
532:
530:
528:
514:
508:
498:Working Dollars,
494:
488:
487:
485:
483:
472:
399:foreign exchange
395:mortgage lending
294:
290:
286:
282:
278:
261:Vancouver Island
241:
239:
203:
200:
168:
166:
159:
149:
147:
130:
128:
92:
90:
85:
31:
24:
20:
2432:
2431:
2427:
2426:
2425:
2423:
2422:
2421:
2412:Ethical banking
2387:
2386:
2385:
2375:
2373:
2365:
2363:
2358:
2344:Slant Six Games
2207:
2098:Sierra Wireless
1833:Gateway Casinos
1788:Fairchild Group
1768:Ebco Industries
1713:Creative Energy
1683:Choices Markets
1551:
1549:Metro Vancouver
1545:
1515:
1502:
1481:
1465:
1435:
1412:
1366:Alterna Savings
1354:
1303:
1238:
1208:
1187:
1118:Citibank Canada
1074:
1069:TD Canada Trust
1008:
997:
992:
955:
954:
951:
946:
945:
935:
933:
928:
927:
923:
914:
913:
909:
896:
895:
891:
878:
877:
873:
863:
861:
858:
854:
853:
849:
836:
835:
831:
821:
819:
813:"CoPower Story"
811:
810:
806:
796:
794:
784:
780:
770:
768:
766:firstcallbc.org
760:
759:
755:
745:
743:
740:www.triodos.com
734:
733:
729:
720:
719:
715:
703:
699:
684:
675:
663:
659:
647:
643:
631:
627:
614:Working Dollars
611:
607:
591:
584:
565:
564:
560:
541:
540:
536:
526:
524:
522:www.vancity.com
516:
515:
511:
495:
491:
481:
479:
474:
473:
466:
461:
449:
383:
370:
309:
300:lines of credit
292:
288:
284:
280:
276:
248:
237:
232:
197:
176:
164:
162:
155:
145:
143:
140:
126:
121:
110:
88:
86:
83:
74:
40:
17:
12:
11:
5:
2430:
2420:
2419:
2414:
2409:
2404:
2399:
2384:
2383:
2360:
2359:
2357:
2356:
2354:West Coast Air
2351:
2346:
2341:
2336:
2331:
2326:
2321:
2316:
2311:
2306:
2301:
2296:
2291:
2286:
2281:
2276:
2271:
2266:
2261:
2256:
2251:
2246:
2241:
2236:
2231:
2226:
2221:
2215:
2213:
2209:
2208:
2206:
2205:
2200:
2195:
2190:
2185:
2180:
2175:
2170:
2165:
2160:
2155:
2150:
2145:
2140:
2138:Teck Resources
2135:
2130:
2125:
2120:
2115:
2110:
2105:
2100:
2095:
2090:
2088:Sandstorm Gold
2085:
2080:
2075:
2070:
2065:
2060:
2055:
2050:
2045:
2040:
2035:
2030:
2025:
2020:
2015:
2010:
2005:
2000:
1995:
1990:
1985:
1980:
1975:
1970:
1965:
1960:
1955:
1950:
1945:
1940:
1935:
1930:
1925:
1920:
1915:
1913:Ironclad Games
1910:
1905:
1900:
1895:
1890:
1885:
1883:Hellbent Games
1880:
1878:Heffel Gallery
1875:
1870:
1865:
1860:
1855:
1850:
1845:
1840:
1838:General Fusion
1835:
1830:
1825:
1820:
1815:
1810:
1805:
1800:
1795:
1790:
1785:
1780:
1778:Encorp Pacific
1775:
1770:
1765:
1760:
1755:
1753:D-Wave Systems
1750:
1745:
1740:
1735:
1730:
1725:
1720:
1715:
1710:
1705:
1700:
1695:
1690:
1685:
1680:
1678:CHC Helicopter
1675:
1670:
1665:
1660:
1655:
1650:
1645:
1640:
1635:
1630:
1625:
1620:
1615:
1610:
1605:
1600:
1595:
1590:
1585:
1580:
1575:
1573:A&W Canada
1570:
1565:
1559:
1557:
1553:
1552:
1544:
1543:
1536:
1529:
1521:
1512:
1511:
1508:
1507:
1504:
1503:
1501:
1500:
1495:
1489:
1487:
1483:
1482:
1480:
1479:
1473:
1471:
1467:
1466:
1464:
1463:
1458:
1453:
1447:
1445:
1437:
1436:
1426:
1425:
1422:
1421:
1418:
1417:
1414:
1413:
1411:
1410:
1408:Windsor Family
1405:
1400:
1395:
1390:
1385:
1380:
1375:
1374:
1373:
1362:
1360:
1359:Eastern Canada
1356:
1355:
1353:
1352:
1347:
1342:
1337:
1332:
1327:
1322:
1317:
1311:
1309:
1305:
1304:
1302:
1301:
1296:
1291:
1286:
1285:
1284:
1279:
1277:Island Savings
1274:
1264:
1259:
1253:
1251:
1244:
1240:
1239:
1237:
1236:
1231:
1226:
1220:
1218:
1210:
1209:
1197:
1196:
1193:
1192:
1189:
1188:
1186:
1185:
1180:
1175:
1170:
1165:
1160:
1155:
1150:
1145:
1140:
1135:
1130:
1125:
1123:Equitable Bank
1120:
1115:
1114:
1113:
1103:
1098:
1093:
1088:
1082:
1080:
1076:
1075:
1073:
1072:
1062:
1061:
1060:
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904:. May 2, 2019.
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842:Financial Post
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19:
2319:Pixar Canada
2254:EA Black Box
2203:Zulu Records
2157:
2048:PlentyofFish
1953:London Drugs
1868:Happy Planet
1763:EA Vancouver
1628:Boston Pizza
1618:Blenz Coffee
1393:FirstOntario
1340:ConnectFirst
1298:
1282:Valley First
1172:
1086:Alterna Bank
936:December 27,
934:. Retrieved
924:
910:
901:
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883:
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862:. Retrieved
850:
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816:
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791:
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765:
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739:
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525:. Retrieved
521:
512:
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492:
482:February 28,
480:. Retrieved
450:
438:
430:class action
422:
410:credit cards
384:
310:
297:
269:
265:
249:
229:credit union
221:co-operative
213:
209:
208:
185:Subsidiaries
169: (2019)
157:Total assets
150: (2019)
131: (2019)
97:Headquarters
52:Credit union
48:Company type
18:
2274:HarbourLynx
2264:Future Shop
2103:SkyBox Labs
1983:MetroLyrics
1848:Global News
1743:Dan-D Foods
1728:Cymax Group
1568:604 Records
1325:Assiniboine
1079:Other banks
864:January 13,
426:Canada Post
2391:Categories
2198:White Spot
2118:SSR Mining
2018:O2E Brands
1863:Greenpeace
1267:First West
1229:Innovation
1053:Scotiabank
817:copower.me
710:1550544322
670:1550544322
654:1550544322
638:1550544322
622:1550544322
602:1550544322
506:1550544322
459:References
447:Membership
420:services.
307:Milestones
259:region of
138:Net income
109:Key people
38:Trade name
2183:VersaCold
2063:QX Metals
1908:Intrawest
1888:Hootsuite
1818:Galvanize
1578:AbCellera
1350:Steinbach
1178:VersaBank
1153:Motusbank
1058:Tangerine
295:billion.
267:$ 2,966.
225:Vancouver
218:financial
101:Vancouver
2148:Teradici
2003:Nettwerk
1978:Methanex
1853:Goldcorp
1803:FortisBC
1688:Cityfone
1598:Avigilon
1403:Meridian
1330:Cambrian
1320:Affinity
1308:Prairies
1294:Prospera
1018:Big Five
822:June 19,
577:Archived
572:CBC News
553:Archived
548:CBC News
391:business
381:Services
257:Victoria
255:and the
163:CA$ 23.2
144:CA$ 60.9
58:Industry
2284:Hawkair
2212:Defunct
2158:Vancity
1923:JJ Bean
1843:Glentel
1828:Gardein
1793:Finning
1693:Clearly
1603:Aritzia
1335:Conexus
1299:Vancity
797:May 14,
771:May 14,
746:May 14,
527:May 28,
246:History
240:billion
214:Vancity
199:vancity
194:Website
167:billion
148:million
129:million
118:Revenue
87: (
79:Founded
43:Vancity
2367:Portal
2229:BC Tel
2219:Air BC
2033:Panago
1758:E-Comm
1663:Canfor
1556:Active
1345:Servus
1315:Access
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387:retail
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2381:Banks
2143:Telus
1738:Daiya
1398:Libro
859:(PDF)
125:529.6
2304:NCIX
2178:Vega
1988:Modo
1698:Clio
1388:DUCA
1371:Pace
938:2015
866:2024
824:2020
799:2019
773:2019
748:2019
706:ISBN
666:ISBN
650:ISBN
634:ISBN
618:ISBN
598:ISBN
529:2019
502:ISBN
484:2018
407:Visa
389:and
236:28.2
234:CA$
201:.com
123:CA$
89:1946
82:1946
2393::
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
