As a values-based credit union, our members are our shareholders. And they have a say in where our profits go. Since 1994, we’ve decided that 30% of our profits every year would go back to our members and the community.
We believe in using our money to make big changes in our communities. Through our grant programs, we support organizations working on impact initiatives that align with our values. Explore our key focus areas and how we're helping create positive and lasting change.
When you join Vancity, you’re required to become a member by purchasing Membership Shares. Member ownership is part of what makes Vancity different from other financial institutions. Along with having a say in how our credit union is run, you get a share of our profits every year too.
Each member, regardless of age, must have at least five (5) Membership Shares (for a total of $5.00). We encourage you to read the Accounts and Services Guide for additional information about your accounts and membership.
Each year, Vancity allocates 30% of its net profits to our Shared Success program. Since 1994, we have allocated over $440+ million to our members and communities through the program.
Funding of the program is determined by financial performance, specifically, net income attributable to members. This year, Vancity is allocating $1.7 million from its 2024 profits for member dividends and investment in programs and partnerships that address environmental and social needs in our communities — like climate change, affordable housing, financial inclusion, and Reconciliation.
The profits of your banking could go to faceless shareholders who you’ll never meet. Or they could go to you and the community you love. You have a choice.
Join Vancity