Press Releases

2020 NEWS

SEPT 11
The Powell River Community Response Fund has awarded an additional $6,000.00 to be distributed to two different projects affected by COVID-19, bringing the total amount donated to local community organizations to over $148,465.00...Read more.
AUG 31

First Credit Union announced that it will begin an exterior and interior renovation of its Powell River branch (located at 4721 Joyce Avenue) in fall 2020 with an expected completion date late 2021...Read more.

SEPT 01
You may see a mix of the Qtrade Asset Management & Credential Asset Management Inc. brands. Rest assured, while the logos may be different, they are the same company...Read more.
AUG 25
To support the purpose of ‘empowering through knowledge’, First Credit Union offers multiple scholarships annually in each of the communities they serve; Bowen Island, Powell River, Texada Island, Courtenay, and Cumberland.

These scholarships support First Credit Union members who are pursuing accredited post-secondary education, including recent high school graduates and adults returning to studies. First Credit Union values the impact these individuals make in their unique communities and local economies...Read more.
AUG 24
The qathet Regional District’s Waste Reduction Education Program, Let’s Talk Trash, has been awarded sponsorship funding from First Credit Union for Zero Waste event equipment...Read more.
AUG 19
Powell River Community Response Fund Announces Fourth Round of Awards
Wednesday Aug, 19 2020 – The Powell River Community Response Fund has awarded an additional $26,465.00 to be distributed to three different projects affected by COVID-19, bringing the total amount donated to local community organizations to over $142,465.00...Read more.
AUG 4
TORONTO, August 4, 2020—NEI Investments (“NEI”) is proud to announce it has been awarded the top score of “A+” across all assessed categories in the 2020 report by the UN-supported Principles for Responsible Investment (the “PRI”), the world’s leading proponent of responsible investment. While NEI has consistently received strong marks for its responsible investment program, these are the highest grades the company has achieved...Read more.
JULY 31
Powell River Community Response Fund Announce Third Round of Awards
Friday, July 31 2020 – The Powell River Community Response Fund has awarded an additional $23,000 to be distributed to three different projects affected by COVID-19, bringing the total amount donated to local community organizations to over $116,000....Read more.
JULY 10
Powell River Community Response Fund Awards Additional $32,000 to Local Organizations
The Powell River Community Response Fund has awarded an additional $32,000 to be distributed to five different projects affected by COVID-19, bringing the total amount donated to local community organizations to over $93,000...Read more.
JUNE 22
Powell River Community Response Fund Announce Awards
The Powell River Community Response Fund has awarded $61,973 to be distributed to seven different projects...Read more.
JUNE 12
First Credit Union Shares Profits with Members
We are proud to announce that in conjunction with our 81st Anniversary we are giving back over $305,000 in profit share to our members! Sharing profits is our way to reward members, and a differentiator when it comes to doing business with credit unions...Read more.
MAY 20
A group of local organizations announced today the creation of the Powell River Community Response Fund (CRF) — a special fund to rapidly deploy essential relief to organizations providing frontline services to those disproportionately impacted by COVID-19...Read more.

2019 NEWS

JUN 6
First Credit Union Shares Profits with Members
First Credit Union is proud to announce that over $360,000 in profit share and dividends is being paid to our members in 2019! ...Read more.

2018 NEWS

MAY 15
First Credit Union secures $25,000 grant on behalf of Powell River Hospice Society
First Credit Union (FCU) is pleased to announce that it has secured a $25,000 grant on behalf of the Powell River Hospice Society ... Read More
FEB 20
Welcome Linda Bowyer
After a thorough search process throughout 2017, First Credit Union
is very pleased to welcome Linda Bowyer as their new CEO... Read More
JAN 30
First Credit Union pledges $20,000 towards Hospice House
First Credit Union has pledged $20,000 to the Powell River Hospice Society towards the building of a four-bed Hospice House... Read More
JAN 30
First Credit Union transitions to new Chief Executive Officer
Effective February 8th 2018, Dave Craigen, First Credit Union’s current Chief Executive Officer, will have retired after 25 years with the organization. Linda Bowyer will be taking his place as the new CEO... Read More

2017 NEWS

DEC 19
First Credit Union announces the appointment of Linda Bowyer as CEO
First Credit Union’s board of directors is pleased to announce the appointment of Linda Bowyer to Chief Executive Officer, First Credit Union, effective February 5th 2018... Read More
SEPT 25
Credit union manager from Ghana visits Powell River for mentoring experience
Grace Amu Kaku from Ghana arrived in Powell River on Thursday September 21 as part of the Co-operative Development Foundation of Canada's annual Women's Mentorship Program... Read More
SEPT 14
First Credit Union welcomes province’s decision to restore credit union tax benefits
First Credit Union is pleased by the Government of British Columbia (B.C.)’s decision to reinstate the credit union tax treatment, which was announced in the September 11 B.C. budget update... Read More
AUG 29
Credit unions received a eight awards in 2017 Ipsos® Best Banking Awards program
Canada’s credit unions ranked first for 13th year in a row for customer service and branch service excellence in annual Best Banking Awards... Read More
JUL 18
Qtrade Investor named Canada’s top online brokerage by MoneySense
Qtrade Investor has been named “Best overall—Top brokerage” in Canada in the 2017 MoneySense Best Online Brokerage Review... Read More
MAY 15
First Credit Union CEO Recognized for Outstanding Service
First Credit Union CEO, David Craigen, was one of three B.C. credit union leaders honored with Distinguished Service Awards during the... Read More
APR 25
First Credit Union President & CEO Dave Craigen set to retire February 2018
First Credit Union is grateful for Dave’s exceptional contributions over the past 25 years... Read More

2016 NEWS

DEC 12
Qtrade Investor takes first place in annual ranking of online brokerages
December 12, 2016: Qtrade Investor has once again claimed 1st in annual ranking of online brokers by The Globe and Mail... Read More
OCT 28
First Credit Union Community Room for New Library
First Credit Union Pledges $40,000 to Powell River Public Library... Read More
OCT 3
The Co-operators enters into joint venture with First Credit Union
First Credit Union and the Co-operators enter into a joint venture to offer insurance products and services to clients... Read More

2015 NEWS

Sept 2
Early Closure Enables Staff to Volunteer in Community
On October 8th, 2015 FirstCredit Union & Insurance and Westview Agencies will be closing at  2.p.m. to enable all 140 employees to make a positive difference by volunteering in the communities that they serve ... Read More
Apr 24
Construction of the Dick Van Aelst Memorial Welcome Gazebo Underway
First Credit Union Branch Manager, Kevin Manning is joined byvolunteers to construct the Dick Van Aelst Memorial Welcome Gazebo and honour a Bowen resident who contributed  much to the community and Credit Union ... Read More

2014 NEWS

Mar 24
First Credit Union Providing Over $10,000 in Scholarships to Local Students this Year
High school graduation ceremonies are quickly approaching, and that means First Credit Union is preparing to award over $10,000 in scholarships to local students ... Read More
Jan 2
First Insurance donates $1,500 to Marine Rescue Society for Much-Needed Safety Equipment
First Insurance recently donated $1,500 to Unit 59 Lighthouse Country Marine Rescue Society for the Royal Canadian Marine Search and Rescue (RCM SAR) ... Read More

2013 NEWS

Dec 31
First Credit Union Letter to BC Coastal Ferry Engagement Committee
First Credit Union and Insurance is based in Powell River, BC. With four credit union and five insurance branches, our organization's 140 employees serve over 38,000 members and clients across six coastal communities ... Read More

2012 NEWS

Oct 25
Sliammon Development Corporation presents gift to First Credit Union
Representatives from the Sliammon Development Corporation met with the First Credit Union lending team on October 25th to present them with a deerskin drum created by Sliammon First Nation member, Sosan Blaney ... Read More
 

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