Envision Financial
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| Credit Union | |
| Industry | Financial services |
| Founded | Delta Credit Union: 1946 First Heritage Savings: 1954 Merged as Envision Financial 2001 Valley First Credit Union (1947) and Envision merged as First West Credit Union (2010) |
| Headquarters | Langley, British Columbia, Canada |
|
Key people
|
David Lanphear, President |
| Revenue | $206.6 million CAD (2014) |
| $32.0 million CAD (2014) | |
| Total assets | $9.8 billion CAD (Jan. 1, 2015) |
|
Number of employees
|
1,759 (2015) |
| Website | envisionfinancial.ca |
Envision Financial, a division of First West Credit Union, is based in British Columbia, Canada. Founded in 1946, Envision Financial was established in 2001 through a merger between Lower Mainland-based Delta Credit Union, whose roots were in the fishing industry, and Fraser Valley-based First Heritage Savings Credit Union, which had historic ties to the farming and agriculture industries. First Heritage Savings Credit Union was the product of a merger between East Chilliwack Credit Union and Clearbrook District Mennonite Savings Credit Union in 1983. It is insured by the Credit Union Deposit Insurance Corporation of British Columbia.
In 2008, Envision Financial entered into discussions with Penticton-based Valley First Credit Union to merge with one another and develop a new financial services organization for Western Canada. In September 2009, members at both credit unions voted in favour of the merger proposal, and on Jan. 1, 2010, Envision Financial and Valley First merged to become First West Credit Union. In 2013, Enderby & District Credit Union joined First West Credit Union, followed by Island Savings Credit Union in 2015.
Through First West, credit union members have access to 53 branches and 40 insurance offices throughout B.C. The credit union has nearly $10 billion in assets, more than 1,700 employees, and more than 240,000 members. First West is the third-largest credit union in B.C. and the fifth-largest in Canada. Envision Financial, Valley First, Enderby & District Financial, and Island Savings continue operating as divisions of First West Credit Union, retaining their existing brand names in each respective market.
Envision Financial has a network of 20 branches and 16 insurance offices throughout B.C. in the communities of Abbotsford, Chilliwack, Coquitlam, Delta, Hope, Kitimat, Langley, Mission, Surrey and Maple Ridge. Its regional administration centre is located in Langley.
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