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Aug 29: Million-Dollar Decision Facing Vancity

Million-Dollar Decision Facing Vancity Members

Vancouver, August 29, 2002 - Voting starts on September 3 for Vancity Credit Union members who will choose the 2002 recipient of The Vancity Award, an annual $1-million award that will go to a BC-based non-profit organization for an innovative community project.

Until October 15, members of all 39 Vancity branches in the Lower Mainland, Fraser Valley and Victoria - will be encouraged to vote for one of the finalists at a Vancity branch, online at , by phone or by mail. Members will receive ballots in their monthly statements in September.

The three finalists for this year's Vancity Award are: the Co-operative Auto Network, a not-for-profit car sharing organization, which is proposing to expand its car sharing program to include 30 electric hybrid cars, as well as a 'station car' program for transit-poor areas; the Mennonite Central Committee-British Columbia, a non-profit relief and development agency, in partnership with Pacific Parklands Foundation, which wants to transform a 16-hectare gravel pit in Aldergrove into a wildlife sanctuary and recreation area and provide the unemployed with employment and skills training, and the Vancouver East Cultural Centre, which would use the money to develop a new cultural centre to house a new studio theatre, an art gallery, rehearsal space, office facilities, backstage expansion and an upgraded main theatre space.

Additional information about the finalists is available through links from Vancity's website at , on the organizations' websites, or by contacting the organizations directly.

For Vancity branch directions or hours please contact Vancity's general number, 604-877-7000 or 1-888-Vancity toll free.

Vancity is Canada's largest credit union, with $7.5 billion in assets, 282,000 members, and 39 branches throughout Greater Vancouver, the Fraser Valley and Victoria. Vancity owns Citizens Bank of Canada, serving members across the country by telephone, ATM, and the Internet. Both Vancity and Citizens Bank are guided by a commitment to corporate social responsibility, and to improve the quality of life in the communities where we live and work.