Historic Merger Approved by First Credit Union Members

November 19, 2025 - 19:42

In a significant development for the financial landscape, members of First Credit Union have overwhelmingly approved a merger with Vancouver City Savings Credit Union (Vancity). The voting period, which took place from November 12th to 18th, saw a strong turnout as members expressed their support for the proposed merger.

This decision marks a pivotal moment for both organizations, as it aims to create a more robust financial cooperative that can better serve its members. The merger is expected to enhance the value provided to members by expanding services and resources available to them.

Both credit unions believe that by combining their strengths, they will be able to make a greater positive impact in their communities. The newly formed entity is poised to leverage its increased scale to offer innovative financial solutions while remaining committed to the principles of cooperative banking. As the transition progresses, both organizations are focused on ensuring a seamless integration that prioritizes member experience and community engagement.