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Vancity at a glance

Vancity is Canada's largest community credit union, a financial co-operative that operates within the territories of the Coast Salish and Kwakwaka’wakw people. We are a member-owned, community-based, full-service financial institution with 54 branches in Metro Vancouver, the Fraser Valley, Victoria, Squamish, and Alert Bay. Our head office is situated on the territory of the Musqueam, Squamish and Tsleil-Waututh Nations in Vancouver, British Columbia (BC).

Our subsidiaries include Vancity Investment Management Ltd. (VCIM) and Vancity Community Investment Bank (VCIB).

We use our assets to help achieve our vision of a transformed economy that protects the earth and guarantees equity for all.

By the Numbers

Members: 560,000+
Assets plus assets under administration: $33.2 billion
Assets: $26.6 billion
Branches: 54
Employees: 2,721
Shared Success: $422.3 million shared with communities since 1994

The Vancity Difference

  • 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 daily banking, investments, mortgages, loans, and credit cards.
  • 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 $422.3 million with members and communities through Shared Success since 1994.
  • Vancity employs more than 2,700 people and has been recognized as one of Canada's Top 100 Employers, as ranked by The Globle & Mail.
  • 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 and the first to become carbon neutral.
  • In April 2021, Vancity became the first Canadian financial institution to join the Net-Zero Banking Alliance, showcasing our commitment to building a clean and fair world and underscoring our ambition to reach net-zero by 2040 across all our mortgages and loans.

 

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.