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Vancity appoints new Chief Financial Officer

For immediate release -- June 19, 2013 (Vancouver, B.C.) --

Vancity announced Lisa Coltart as the credit union’s new Chief Financial Officer today. "Lisa brings the whole package: a chartered accountant with a strong finance background; a deep knowledge of operations and front-line service requirements; a love of people and a superb record of leadership; and strong values with a demonstrated commitment to sustainability. I am delighted to have Lisa join our team,” said Tamara Vrooman, president and CEO, Vancity.

"The CFO position in any financial institution has rigorous responsibilities. Lisa is someone who combines financial discipline with a social and environmental viewpoint that enables us to use our entire balance sheet in support of making an impact in the communities we serve. And that’s how we work toward achieving our vision of redefining wealth,” Vrooman added.

Prior to joining Vancity, Lisa was an executive director at BC Hydro, responsible for Power Smart, one of North America’s leading energy conservation programs, where she oversaw a three-fold growth in the program over eight years. Before that, she was the Finance vice president and secretary for the General Hydrogen Corporation, and held director-level positions with Crystal Decisions, and Fletcher Challenge Canada.

Lisa is committed to giving back to the community. She currently sits on the board of the Canadian Sport Institute—Pacific Region. She served as a board member and finance committee chair with Vancouver Community College for seven years, and has volunteered for the United Way campaign and acted as treasurer for Ronald McDonald House.

She officially joins Vancity on August 6, 2013.

About Vancity

Vancity is a values-based financial co-operative serving the needs of its more than 492,000 member-owners and their communities through 57 branches in Metro Vancouver, the Fraser Valley, Victoria and Squamish. As Canada’s largest community credit union, Vancity uses its $17.1 billion in assets to help improve the financial wellbeing of its members while at the same time helping to develop healthy, sustainable communities. Member deposits enable the credit union to loan to other members, businesses and organizations that are creating positive economic, social and environmental impact in their communities. In addition, since 1994 Vancity has given more than $238 million to members through dividends and to communities through grants and community investment initiatives. Vancity is a Living Wage employer and a member of the Global Alliance for Banking on Values, a network of the world’s leading sustainable banks sharing a commitment to achieving triple-bottom-line impact through responsible banking practices.

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