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Choose Good Money

Become a Vancity member

Do you know what
your money is doing?

At Vancity, you do.

Your money gets loaned to local businesses, so you make money while making your community better.

We use the interest earned on loans to pay you the interest on your deposits.

We share parts of our profits with you as a Vancity member and we invest back into the local community.

Your Good Money at work

Local businesses

Tacofino

Delicious tacos and environmental sustainability go hand in hand at Tacofino, a Tofino legend that has expanded to Vancouver and Victoria. A $350,000 loan from Vancity helped Tacofino renovate and purchase equipment for their Gastown location. But the relationship goes much deeper. Vancity connected Tacofino with Recycling Alternative to find ways to reduce emissions from organic waste and truck fuel. Today, Tacofino’s food trucks are fueled by oil from their fryer.

Vancity has been so important to us in terms of building our community of like-minded stakeholders and suppliers. It’s a rare thing when your banking partner not only shares your values but also helps you to strengthen them.

Local businesses

Soap Dispensary

At the Soap Dispensary, founder Linh Truong has dedicated herself to keeping Vancouver squeaky clean, one refillable soap bottle at a time. Soap Dispensary refills customers' dispensers with soaps made from non-toxic, natural ingredients, which is easy on both the environment and the epidermis. Vancity gave Linh a microloan to jumpstart her business. Since then, she has diverted tens of thousands of containers from the landfill; she’s also launched Vancouver's first zero-waste market.

Vancity is geared towards helping women start and grow their businesses, and is experienced in growing businesses with a focus on protecting the environment.

Local businesses

Skwachays

Part fair trade gallery, part healing lodge, part social enterprise; the Skwachays (pronounced squa-chize') Lodge and Residence at 31 West Pender Street is the world’s first and only Indigenous arts boutique hotel. Vancity provided million in financing to start construction. Profits support the artists whose work is displayed throughout the Lodge. The Lodge also provides 24 shelter rate apartments for vulnerable Aboriginal people and two social enterprises to support the community.

This is the type of community impact investing that Vancity wants to support,” says Vancity’s Stewart Anderson. “Skwachàys is a significant asset for the community.

Local businesses

Modo

Did you know that Vancouver is one of the top congested cities in North America? Anyone drives around the Lower Mainland understands the horrors of rush hour traffic. Modo The Car Co-op have been working together with Vancity to reduce traffic and promote carsharing for almost twenty years. In fact, it was a grant from Vancity that enabled Modo to purchase its first car and claim bragging rights as the first carshare program in the English-speaking world.

Through a range of grants, loans, and financial services, Vancity has helped Modo grow their fleet of cars to more than 600 vehicles, reducing congestion and air pollution in Vancouver.

Local businesses

JJ Bean

Sometimes, all it takes is one cup of coffee to make a difference in your community, especially if you bought it from JJ Bean. For the last 21 years, JJ Bean has made sure that every cup of coffee sold has had some positive impact in the world. From paying baristas and farmers a fair wage to funding charitable initiatives in coffee-growing communities, JJ Bean has been a champion for social responsibility in the coffee shop industry.

By partnering with socially conscious businesses like JJ Bean, Vancity promotes environmental sustainability, fair wages, and really good coffee in the local community.

Local businesses

Rio

Over the last 80 years, the Rio Theatre has become an iconic and loved destination. So when it was threatened with redevelopment and demolition, the community rallied behind them. With the support of Hollywood stars like Ryan Reynolds and Kevin Smith, the community raised more than $500,000 to keep the theatre standing and Vancity worked tirelessly with the theatre to approve a mortgage for Rio owner Corrine Lea that would ultimately #SaveTheRio. After all, Vancity got its start in 1946 by lending to homeowners living east of Cambie Street. The credit union understands that when money comes from determined, hard-working, community –focused residents with a drive to succeed, the risk involved is reduced.

It was a really positive experience working with Vancity. It felt like they were rooting for me.

Local businesses

BC Garlic Growers

Abdul started BC Garlic Growers after being laid off in the 2008 recession. He wanted to pursue his dream of growing local food but needed financing beyond what his bank provided. After he came to Vancity for help, we were able to help him restructure his business and personal debt and open up additional capital for him to invest in and grow BC Garlic.

By supporting a local farmer like Abdul, Vancity is able to help promote a viable and sustainable local food system.

Community enterprises

First Avenue Athletes Village Housing Co-operative

Vancouver has the dubious distinction of being one of the most expensive cities in which to live. But a partnership between Vancity and the Co-operative Housing Federation of BC to finance a 60-year lease at the First Avenue Athletes Village Housing Co-op is making downtown living a little more affordable for the average family.

By refinancing leases and undertaking renovations to aging housing stocks, Vancity is able to address affordable housing needs with community partners to build strong communities.

You have a choice about what your money does.

Choose to make Good Money with Vancity.

Become a Vancity member today.

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© Tue Jun 19 22:41:22 PDT 2018 Vancouver City Savings Credit Union