Vancity at a glance

Vancity is a values-based financial co-operative serving the needs of its more than 523,000 member-owners and their communities in the Coast Salish and Kwakwaka'wakw territories, with 59 branches in Metro Vancouver, the Fraser Valley, Victoria, Squamish and Alert Bay.

With $25.6 billion in assets plus assets under administration, Vancity is Canada’s largest community credit union. Vancity uses its assets to help improve the financial well-being of its members while at the same time helping to develop healthy communities that are socially, economically and environmentally sustainable.

By the numbers

Members: 523,092
Assets plus assets under administration: $25.6 billion
Assets: $21.1 billion
Branches: 59
Employees: 2,627
Shared Success: $305 million since 1994

More details

  • Vancity was founded in 1946 to provide financial services to people from all walks of life.
  • Vancity offers a full range of financial products and services for individuals, businesses and not-for-profit organizations, including deposits, loans, investments, credit cards and foreign exchange.
  • Vancity is a co-operative, which means we are owned by our members and democratically controlled on the basis of one member, one vote.
  • Vancity is committed to values-based banking and joined the Global Alliance for Banking on Values in 2010.
  • Vancity shares 30% of its net profits with members and communities—we've shared over $305 million with members and communities through Shared Success since 1994.
  • Vancity employs more than 2,600 people and has been consistently recognized as one of the top employers in Canada.
  • Vancity is the largest private-sector Living Wage employer in Canada.
  • Vancity's innovative approach to serving the financial needs of its members and the community has led to a number of firsts among Canadian financial institutions, including the first to offer mortgages to women without a male co-signor, the first to offer a socially responsible mutual fund and the first to become carbon neutral.

 

Founding

In 1946, 14 Vancouverites established Vancouver City Savings Credit Union, an open-bond credit union that allowed any resident of the city to join.

Highlights

We're proud of our many firsts, milestones and differentiators.