Credit Union | |
Industry | Financial services |
Founded | Duncan & District Credit Union: 1951 |
Headquarters | Duncan, British Columbia, Canada |
Key people
|
Randy Bertsch, President |
Website | islandsavings.ca |
Island Savings, a division of First West Credit Union, is based in British Columbia, Canada. Since 1951, Island Savings has served communities on Vancouver Island and Gulf Islands.
In 2013, Island Savings entered into discussions with B.C.-based First West Credit Union. In November 2014, members Island Savings voted in favour of the merger proposal, and on Jan. 1, 2015, Island Savings joined First West's network. The First West brand network also includes Envision Financial, Valley First and Enderby & District Financial.
Through First West, credit union members have access to 53 branches and 40 insurance offices throughout B.C. The credit union has approximately $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.
Island Savings has 16 branches 13 insurance offices throughout B.C. in the communities of Duncan, Chemainus, Brentwood, Ladysmith, Lake Cowichan, Mill Bay, Nanaimo, Pender Island, Saltspring Island, and Victoria. Its administration centre is located in Duncan.
Island Savings Insurance Services was opened in 1983, and offers insurance coverage to both credit union and non-credit union members.
Island Savings is dedicated to making a difference in the lives of local families. The Growing Island Families Together (GIFT) program provides leadership, sponsorship, financial, and in-kind support to community groups. Each Island Savings branch accepts GIFT applications from local groups and organizations with initiatives that help to improve families’ quality of life and build strong communities.