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December 21 Media Release

Applications now being accepted for 2006 $1-million Vancity Award – earlier deadline of January this year

Vancouver, BC, December 21, 2005 — Vancity is now accepting applications from BC non-profits for its annual $1-million Vancity Award. Starting this year, the deadline is earlier – in January, rather than March.

Non-profit organizations in the Lower Mainland, Fraser Valley and Victoria are eligible to apply. Full details can be found at . Applications must be received no later than 5:00 p.m. on Tuesday, January 17.

Each year, Vancity gives a $1-million grant to a local non-profit to support a major project contributing to the social, environmental or economic well-being of the community.

In 2005, the Vancity Award went to PLEA Community Services Society of BC for the expansion of its KidStart Mentoring Program. Other winners have included the Phoenix Drug and Alcohol Recovery and Education Society for its integrated recovery centre in Surrey; Wish Drop-in Centre for its Downtown Eastside shelter; Vancouver East Cultural Centre for its facilities revitalization plan; and B.E.S.T. (Better Environmentally Sound Transportation) for its recreational pathway initiative.

Vancity is Canada’s largest credit union, with $10.5 billion in assets, more than 320,000 members, and 47 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 helping members and communities thrive and prosper.