Fast Facts

General Information

Formation: Jan. 1, 2010 through the merger of Envision Financial and Valley First Credit Union
Comparative size: Third largest credit union in B.C.
Total assets (assets and assets under administration): $6.6 billion
Members: More than 169,000
Employees: Nearly 1,400
Head office: Langley, B.C.
Branches: 37 branches and 29 insurance offices throughout B.C.
Previous mergers: Delta Credit Union and First Heritage Savings merged Jan. 1, 2001 to form
Envision Credit Union; Valley First amalgamated with Armstrong Spallumcheen Savings and
Credit Union and purchased KCP Credit Union in Kamloops in 2001.

Leadership

Board Chair: Shawn Neumann
Chief Executive Officer: Launi Skinner
President, Valley First: Paulette Rennie
President, Envision Financial: Shelley Besse

Divisions/Regions

Valley First

• Serves the Okanagan, Similkameen, Thompson
• 16 credit union branches
• 9 insurance offices

Envision Financial

• Serves Lower Mainland, Fraser Valley, Kitimat
• 21 credit union branches
• 20 insurance offices

Board Structure

• Each region has an equal number of directors elected by members who live in that region
• First West's rules allow for a minimum of 12 directors rising to as many as 15 to accommodate a merger
• The board has two regional councils that act as ambassadors for each region—the Valley First region and the Envision Financial region. The councils are focused on the unique needs of their regions' members, clients, employees and communities.