A co-operative approach to community impact.
Building financially healthy communities and empowering our members through knowledge. We reinvest our resources and profits back where they belong - our communities!
As a financial co-operative, we work for the sustainable development of our communities. That's why we return one-third of our net profits to members (through profit share) and our communities (through community impact initiatives).
Our impact focus areas are carefully aligned with our vision to build financially healthy communities and our purpose to empower through knowledge.
Impact focus areas
- Diversity, Equity and Inclusion: We take action in our communities to create an equitable, inclusive economy that creates opportunity for all, for the long term.
- Environmental Sustainability: We work towards greater sustainability every year by regularly monitoring and thoughtfully decreasing our own impact and emissions while supporting community-based environmental initiatives.
- Local Economic Development: We contribute to resilient and prosperous communities through local engagement, giving and volunteerism.
Scholarships & Youth Leadership Camp
One way we live our purpose to empower through knowledge is to support our members with life-long education opportunities through First Credit Union Scholarships. We also sponsor youth (14 to 18) to attend YES Leadership Camp - a week-long summer camp that teaches leadership and team-building skills.
Small Business Bursaries
We know that operating a business is more than a full time job. Small business owners typically wear many different hats and are doing whatever it takes to help their company and team succeed. Given the hectic schedule and irregular hours, thinking about taking classes or seminars to further your education can be difficult - let alone finding the money to actually take them. Our small business bursaries assist small business owners who need financial support in furthering their business education.
We value the work of community builders and are open to opportunities to support, maximize or build on their impact. As such, we accept event and program sponsorship and donation requests on an ongoing basis.
Events and Programming
Our vision is to strengthen the financial well-being of our communities. We do this through employee volunteer events like Community Impact Day (when we close our branches early to volunteer in the community) and capacity-building programs like our Not-for-Profit Thriving and Small Business Thriving workshop series.
Financial literacy is the first step toward establishing healthy financial habits. Each One, Teach One is an approach to providing basic and plain language financial knowledge. Volunteer First Credit Union employees work with community groups to empower individuals with basic financial literacy skills.
First Credit Union welcomes opportunities to work with local not-for-profit organizations, social enterprises, social ventures, and co-operatives that align with our values. Initiatives considered for impact partnership will align with our focus areas (where we feel we can make the most impact in creating financially healthy communities).
We'd love to hear from you
If you have a community development project, or impact partnership opportunity you'd like to discuss, reach out.
Being a member has its benefits.
First Credit Union is proud to help BC students reach their post-secondary education goals through the Credit Unions of BC Bursary Program. Submit your bursary application today and get help towards funding your future!