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Enjoy quick hits of news on issues that matter to credit unions in Canada

Community Development / Human Interest /  • March 7, 2019
Coast Capital Savings initiative helps the poor

Christina Wong, a Coast Capital Savings SFU Venture Connection client, is changing lives in Vancouver’s poverty-stricken Downtown Eastside (DTES) with her Employ to Empower (ETE) program, SFU Innovates reports. [caption id="attachment_...

Human Interest /  • January 11, 2019
Credit union escapes conflagration unscathed

Sierra Central Credit Union is one of the survivors of a fire that virtually razed the community of Paradise, Calif. this past November in the state’s worst fire in a century, reports the Credit Union Times. Sierra Central CEO John...

Human Interest /  • January 10, 2019
Cannabis isn’t making friends in real estate

The potent aroma of marijuana isn’t going to cut it when it comes to evoking that same homey feeling among prospective new owners as the time-honoured trick of baking cookies. That is the finding of real estate search site Zoocas...

Leadership /  • January 9, 2019
BlueShore Financial receives national accolade

BlueShore Financial Credit Union (42,000 members, $5.6 billion in assets) has been named one of Canada’s 10 Most Admired Corporate Cultures by Waterstone Human Capital, a cultural talent management and executive search firm. The na...

Banking /  • January 7, 2019
New app for First West members to send money

This past October, First West Credit Union (250,000 members, $11 billion in assets) rolled out SendGlobal, an international money transfer mobile application allowing members to send money around the world. First West and its regional divi...

January 4, 2019
Business owners young, female and motivated

A recent study of Canadian entrepreneurs shows an increasing number of business owners are young, well-educated women, BCBusiness reported. Based upon 809 interviews last September with small and medium business (SMB) owners, the stu...

Business / Technology /  • January 3, 2019
Cashing in your chips

In the TV series Star Trek: The Next Generation starring Patrick Stewart as the fictional Jean-Luc Picard, captain of the USS Enterprise-D, 24th century technology advanced to embrace the use of isolinear optical chips as data storage devi...

Banking /  • November 5, 2018
An app for that

App-only banks are on the rise in Europe, The New York Times reports. Millions of customers across Europe, most of them in their 20s and 30s — millennials, or Generation Y, as well as Generation Z — have signed up to app-only ba...

Human Interest /  • November 2, 2018
Fore! charity

This past September, Coast Capital Savings Credit Union’s (555,000 members, $21 billion in assets) 17th annual charity golf tournament raised a record $300,000 for the VGH & UBC Hospital Foundation in support of mental health research...

Economics / Human Interest /  • November 2, 2018
Money laundering needs to be hung out to dry

When it comes to anti-money laundering and anti-terrorist financing measures, Canada is behind the eight ball, according to the report, Hidden Beneficial Ownership and Control: Canada as a Pawn in the Global Game of Money Laundering, releas...

Human Interest /  • November 2, 2018
Once burned, twice shy

This past July, Integris Credit Union (28,000 members, $800 million in assets), based in Prince George, BC, warned members on its blog that insurance companies were backing down from insuring homes in the region — for fear of getting burn...

Economics /  • November 1, 2018
Warnings of a looming financial crisis

Former British prime minister Gordon Brown, leader of the United Kingdom during the Lehman Brothers collapse in late 2008 to early 2009, told The Guardian this past September that the world is “sleepwalking into a financial crisis.” ...

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