Why Vancity and not some other credit unions such as North Shore?
A. We have been approached by other credit unions in the past about merging, but this was the first offer to catch our attention. The Vancity merger will enable us to preserve our autonomy (retain our brand name, our elected Board and local decision-making authority). This unique approach offers the benefits of a traditional merger without taking away from what makes Squamish Credit Union so special. Vancity’s strength will allow us to expand our products and services – especially lending – to meet the needs of our members. At the same time, we’ll be able to benefit from spreading costs across a larger membership base. This means we’ll be able to continue to meet your needs, even as they evolve. Moreover, Squamish and Vancity share very similar values, in terms of how we treat our members, our employees and our communities.
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- Why Vancity and not some other credit unions such as North Shore?
