Quick Facts About BC's Credit Unions

Here are some interesting facts you might not know that will give you an idea of BC credit unions' strong commitment to offer communities across the province better, more accessible services than our competitors. As you'll see, knowledgeable service translates into rewarding financial outcomes for everyone. After all, like they say, the facts don't lie!

A third of British Columbians are credit union members.

BC credit unions serve over 1.6 million members, one out of every three people who live in the province. Do your friends and neighbours know something that you don't?

About one-third of British Columbians who have changed financial institutions have switched their business to a credit union.

No wonder people are switching. With helpful friendly service, community support, and all the financial expertise you need, people everywhere are recognizing the value of banking at a credit union.

The BC credit union system is the largest network of financial institutions in the province.

Exactly how many credit unions are there? BC has 45 credit unions with more than 365 branches and over 540 ATMs in 140 communities.

Credit unions boldly go where no bank has gone before.

Credit unions serve people in all corners of the province, including 42 BC communities with no other financial outlets.

When you switch to a credit union, you're connected everywhere.

BC credit unions have access to over 540 ATMs through THE EXCHANGE® ATM Network–connecting us all! As a credit union member, when you use your Member Card® debit card at any other credit union ATM in BC, you’re guaranteed there will be no added surcharges. That's the power of membership!

Credit unions give back to the community.

Over the past few years, BC credit unions have poured an average of about $16 million into local communities through charitable contributions. BC credit unions employ about 7,000 people, with over 80% volunteering their time to community activities.

For democracy in action, visit a credit union.

Each BC credit union is governed by volunteer directors elected by the credit union membership, who together own the institution.

Credit unions offer a financial foundation you can bank on.

Together, BC credit unions hold over $46 billion in assets (as of Dec. 31, 2007).

Saving for a rainy day? A credit union is your best bet.

British Columbians have over $29 billion on deposit with credit unions.

Your local credit union supports small business.

BC credit unions provide over 3,000 loans to local business ventures.

As a credit union depositor, you're protected.

As a credit union member, you receive unlimited deposit protection from the Credit Union Deposit Insurance Corporation of British Columbia.  More information.

For democracy in action visit a credit union
BC’s credit unions are stewarded by more than 400 volunteer directors. They are elected by the credit union membership, who together own the institution.