First West Credit Union
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First West Credit Union
First West Credit Union (First West) is British Columbia’s third largest credit union with nearly $16.9 billion in total assets and assets under administration and more than 250,000 members. Its core business is traditional banking, the provision of personal and business daily banking services. First West has the largest geographic reach of any credit union in the province with 45 branches throughout B.C. The credit union is headquartered in the Vancouver suburb of Langley and has regional administration centres in Duncan on Vancouver Island and in Penticton in B.C.’s Southern Interior. Led by Chief Executive Officer Launi Skinner, First West has several subsidiary lines of business that include FWCU Capital Corp. and FW Wealth Management Ltd. First West operates 46 business locations under the following four divisions: *Envision Financial: Lower Mainland, Fraser Valley, Kitimat. *Valley First: Southern interior including the Okanagan and Kamloops. *Island Savings on Vancouv ...
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Credit Union
A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit organization, nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provision of Credit (finance), credit, and other financial services. In several African countries, credit unions are commonly referred to as SACCOs (Savings and Credit Co-Operative Societies). Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 274 million, with nearly 40 million members having been added since 2016. Leading up to the financial crisis of 2007–2008, commercial banks engaged in approximately five times more subprime lending relative t ...
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Vancouver Island
Vancouver Island is an island in the northeastern Pacific Ocean and part of the Canadian Provinces and territories of Canada, province of British Columbia. The island is in length, in width at its widest point, and in total area, while are of land. The island is the largest by area and the most populous along the west coasts of the Americas. The southern part of Vancouver Island and some of the nearby Gulf Islands are the only parts of British Columbia or Western Canada to lie south of the 49th parallel north, 49th parallel. This area has one of the warmest climates in Canada, and since the mid-1990s has been mild enough in a few areas to grow Mediterranean Sea, Mediterranean crops such as olives and lemons. The population of Vancouver Island was 864,864 as of 2021. Nearly half of that population (~400,000) live in the metropolitan area of Greater Victoria, the capital city of British Columbia. Other notable cities and towns on Vancouver Island include Nanaimo, Port Alberni, ...
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Companies Based In British Columbia
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Banks Established In 2010
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Canadian Companies Established In 2010
Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of their being ''Canadian''. Canada is a multilingual and multicultural society home to people of groups of many different ethnic, religious, and national origins, with the majority of the population made up of Old World immigrants and their descendants. Following the initial period of French and then the much larger British colonization, different waves (or peaks) of immigration and settlement of non-indigenous peoples took place over the course of nearly two centuries and continue today. Elements of Indigenous, French, British, and more recent immigrant customs, languages, and religions have combined to form the culture of Canada, and thus a Canadian identity. Canada has also been strongly influenced by its linguistic, geographic, and ec ...
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First West Credit Union
First West Credit Union (First West) is British Columbia’s third largest credit union with nearly $16.9 billion in total assets and assets under administration and more than 250,000 members. Its core business is traditional banking, the provision of personal and business daily banking services. First West has the largest geographic reach of any credit union in the province with 45 branches throughout B.C. The credit union is headquartered in the Vancouver suburb of Langley and has regional administration centres in Duncan on Vancouver Island and in Penticton in B.C.’s Southern Interior. Led by Chief Executive Officer Launi Skinner, First West has several subsidiary lines of business that include FWCU Capital Corp. and FW Wealth Management Ltd. First West operates 46 business locations under the following four divisions: *Envision Financial: Lower Mainland, Fraser Valley, Kitimat. *Valley First: Southern interior including the Okanagan and Kamloops. *Island Savings on Vancouv ...
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Best Employers In Canada
Background Best Employers in Canada is an annual study that ranks organizations found to have created positive work environments. It is open to any employer that has done business in Canada for at least three years and has at least 50 Canadian-based employees. A key aspect of the study is to identify and rank Canadian companies based the "engagement" level of employees. Engagement is a term used to define how good employees feel about their employer generally, how likely they are to stay with the company voluntarily, and how motivated they are by their leaders, managers, company culture and values to contribute to the company's success. The Best Employers study analyses data gathered from employees, company leaders, and HR leaders. The study's signature feature is that it conducts extensive employee polling to determine how the employees themselves feel about the companies for whom they work. This annual award is organized by the human resources consulting firm, AON Hewitt. It' ...
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Report On Business
''The Globe and Mail'' is a Canadian newspaper printed in five cities in western and central Canada. With a weekly readership of approximately 2 million in 2015, it is Canada's most widely read newspaper on weekdays and Saturdays, although it falls slightly behind the ''Toronto Star'' in overall weekly circulation because the ''Star'' publishes a Sunday edition, whereas the ''Globe'' does not. ''The Globe and Mail'' is regarded by some as Canada's "newspaper of record". ''The Globe and Mail''s predecessors, '' The Globe'' and ''The Mail and Empire'' were both established in the 19th century. The former was established in 1844, while the latter was established in 1895 through a merger of ''The Toronto Mail'' and the ''Toronto Empire''. In 1936, ''The Globe'' and ''The Mail and Empire'' merged to form ''The Globe and Mail''. The newspaper was acquired by FP Publications in 1965, who later sold the paper to the Thomson Corporation in 1980. In 2001, the paper merged with broadcast a ...
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The Globe And Mail
''The Globe and Mail'' is a Canadian newspaper printed in five cities in western and central Canada. With a weekly readership of approximately 2 million in 2015, it is Canada's most widely read newspaper on weekdays and Saturdays, although it falls slightly behind the ''Toronto Star'' in overall weekly circulation because the ''Star'' publishes a Sunday edition, whereas the ''Globe'' does not. ''The Globe and Mail'' is regarded by some as Canada's " newspaper of record". ''The Globe and Mail''s predecessors, '' The Globe'' and ''The Mail and Empire'' were both established in the 19th century. The former was established in 1844, while the latter was established in 1895 through a merger of ''The Toronto Mail'' and the ''Toronto Empire''. In 1936, ''The Globe'' and ''The Mail and Empire'' merged to form ''The Globe and Mail''. The newspaper was acquired by FP Publications in 1965, who later sold the paper to the Thomson Corporation in 1980. In 2001, the paper merged with broadcast ...
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Saltspring Island
Salt Spring Island or Saltspring Island is one of the Gulf Islands in the Strait of Georgia between mainland British Columbia, Canada, and Vancouver Island. The island was initially inhabited by various Salishan peoples before being settled by immigrant pioneers in 1859, at which time it was renamed Admiral Island. It was the first of the Gulf Islands to be settled and the first agricultural settlement on the islands in the Colony of Vancouver Island, as well as the first island in the region to permit settlers to acquire land through pre-emption. The island was retitled to its current name in 1910. It is named for the salt springs found in the northern part of the island. Salt Spring Island is the largest, most populous, and the most frequently visited of the Southern Gulf Islands. History Salt Spring Island, or xʷənen̕əč, was initially inhabited by Salishan peoples of various tribes. Other Saanich placenames on the island include: ''t̕θəsnaʔəŋ̕'' (Beaver Poin ...
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Gulf Island
The Gulf Islands are a group of islands in the Salish Sea between Vancouver Island and the mainland coast of British Columbia. Etymology The name "Gulf Islands" comes from " Gulf of Georgia," the original term used by George Vancouver in his mapping of the southern part of the archipelago and which before the San Juan Island dispute also was taken to include what have since been called the San Juan Islands. Strictly speaking, the Strait of Georgia is only the wide, open waters of the main strait between the mainland and Vancouver Island, and does not officially refer to the adjoining waters between the islands and Vancouver Island but has become a common misnomer for the entire Gulf, which includes waters such as Active Pass (between Galiano Island and Mayne Island), Trincomali Channel (between Galiano Island and Saltspring Island), Sansum Narrows (between Saltspring Island and Vancouver Island), and Malaspina Strait (between Texada Island and the mainland around Powell Rive ...
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Kamloops
Kamloops ( ) is a city in south-central British Columbia, Canada, at the confluence of the South flowing North Thompson River and the West flowing Thompson River, east of Kamloops Lake. It is located in the Thompson-Nicola Regional District, whose district offices are based here. The surrounding region is sometimes referred to as the Thompson Country. The city was incorporated in 1893 with about 500 residents. The Canadian Pacific Railroad was completed through downtown in 1886, and the Canadian National arrived in 1912, making Kamloops an important transportation hub. With a 2021 population of 97,902, it is the twelfth largest municipality in the province. The Kamloops census agglomeration is ranked 36th among census metropolitan areas and agglomerations in Canada with a 2021 population of 114,142. Kamloops is promoted as the ''Tournament Capital of Canada''. It hosts more than 100 sporting tournaments each year (hockey, baseball, curling, etc) at world-class sports fac ...
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