Vancity and First Credit Union Complete Merger

Vancity and First Credit Union today announced the official closing of their business transaction, following receipt of all required legal and regulatory approvals.

Effective today, First Credit Union will operate as FCU Community Financial, a division of Vancity.

For now, FCU members will continue to use the same branches, accounts, and day-to-day services they rely on today. Any future changes to products, services or systems will be communicated clearly and in advance. We look forward to sharing further details regarding operational enhancements and future initiatives in the coming months.

About Vancity

Vancity is a values-based financial co-operative serving the needs of its 570,000 member-owners and their communities, with offices and more than 50 branches located in Metro Vancouver, the Fraser Valley, Victoria, Squamish and Alert Bay, within the territories of the Coast Salish and Kwakwaka'wakw people. With $36 billion in assets plus assets under administration, Vancity is one of Canada's largest credit unions. Vancity uses its assets to help improve the financial well-being of its members while at the same time helping to develop healthy communities that are socially, economically and environmentally sustainable.