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Encyclopedia > VanCity

Vancouver City Credit Union or VanCity is a member-owned financial institution in Vancouver, British Columbia and the largest credit union in Canada. Founded in 1946, VanCity provides a variety of financial services including banking, borrowing, investments, and insurance. The bank's Chief Executive Officer is Dave Mowat. A financial institution acts as an agent that provides financial services for its clients. ... Members of Parliament Libby Davies, Ujjal Dosanjh, David Emerson, Hedy Fry, Stephen Owen Members of the Legislative Assembly Gordon Campbell, David Chudnovsky, Adrian Dix, Colin Hansen, Jenny Kwan, Lorne Mayencourt, Wally Oppal, Gregor Robertson, Shane Simpson, Carole Taylor Mayor Larry Campbell City Manager Judy Rogers Governing Body Vancouver City Council... Motto: Splendor Sine Occasu (Splendour without diminishment) Other Canadian provinces and territories Capital Victoria Largest city Vancouver Lieutenant Governor Iona Campagnolo Premier Gordon Campbell (BC Liberal) Area 944,735 km² (5th) Land 925,186 km² Water 19,549 km² (2. ... A credit union is a co-operative financial institution that is owned and controlled by its members, generally through the election of a Board of Directors. ... 1946 was a common year starting on Tuesday. ...


Membership

Vancity is a member of the Canadian Bankers Association (CBA) and registered member with the Canada Deposit Insurance Corporation (CDIC), a federal agency insuring deposits at all of Canada's chartered banks. The Canadian Bankers Association is an organization representing Canadas chartered banks and provides services to improve the wellbeing of its membership (banking lobby, policy development, research and support) and to consumers of banking services. ... Canadian Deposit Insurance Corporation or CDIC is a federal agency that provides insurance (up to a $60,000 CAD per personal and on Canadian accounts only) on financial services provided by chartered Canadian banks and financial institutions. ...


External link

  • VanCity Home

  Results from FactBites:
 
Case Studies | BSDGlobal (884 words)
VanCity says it is driven by a triple bottom line - social, environmental, and financial - and it has a long history of community investing.
VanCity says it wants to "serve as a catalyst for self-reliance and economic well-being" as well as delivering a strong financial return.
VanCity Enterprises is the credit union's socially responsible real estate arm, which currently has several housing projects under way in the Lower Mainland.
  More results at FactBites »


 

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