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Oct 20: Vancity named among North America's top 10

Vancity named among North America's top 10 psychologically healthy workplaces

Vancouver, October 20, 2004 –Vancity Credit Union is one of 10 organizations in North America to be recognized by the American Psychological Association for its innovative programs and policies that help create psychologically healthy workplaces. Vancity is the first Canadian company to receive this distinction.

Vancity received a “Best Practices Honour” for its robbery support program. The initiative helps staff gain resilience skills to cope with a robbery. Over a number of years, the program has enabled Vancity to reduce the time employees have taken off due to robbery from 35.9 days to 2 days, which is significantly below the industry average.

“Our employees are our greatest resource and their safety and well-being are top priorities. We are proud of this honour and will continue to take steps to ensure Vancity stays a great and safe place to work,” says Donna Wilson, Vancity’s vice-president of Human Resources.

The Best Practices Honours is an international program developed by the APA that recognizes companies for innovative programs and policies that stand out for fostering a psychologically healthy workplace. Nominees for this national award were selected from a pool of more than 180 state-level Psychologically Healthy Workplace Award winners and submitted for consideration by the psychological association of the state or province in which the company is located.

For more information about the Psychologically Healthy Workplace Awards, Best Practices Honours, and APA’s publication highlighting Vancity and the other 2004 honourees, visit http://www.apapractice.org/apo/psychologically_healthy.html

Vancity was also recently chosen as the best place to work in Canada as part of Maclean’s Magazine’s Top 100 Employers issue.

Vancity is Canada’s largest credit union, with $9.3 billion in assets, 305,000 members, and 41 branches throughout Greater Vancouver, the Fraser Valley and Victoria. Vancity was chosen as the best place to work in Canada for 2005 by Maclean’s Magazine as part of its annual Canada’s Top 100 Employers issue. Vancity owns Citizens Bank of Canada, serving members across the country by telephone, ATM, and the Internet. Both Vancity and Citizens Bank are guided by a commitment to corporate social responsibility, and to improve the quality of life in the communities where we live and work.

The American Psychological Association (APA), located in Washington, DC, is the largest scientific and professional organization representing psychology in the United States and is the world's largest association of psychologists. APA's membership includes more than 155,000 researchers, educators, clinicians, consultants and students, through its 55 divisions and its affiliations with 60 state, territorial and Canadian provincial associations.