Media Centre - First West Credit Union

First West Credit Union closed its $200 million senior deposit note offering with a final order book of $1.07 Billion

LANGLEY, B.C. – First West Credit Union (“First West”) a leading Canadian financial cooperative, is pleased to announce that it closed its offering (the “Offering”) of $200 million aggregate principal amount of fixed rate senior deposit notes due on November…

First West Credit Union Honored with Black Women Business Network Partnership Award for Leading Equity Initiatives in Finance Sector

LANGLEY, B.C. – First West Credit Union has been selected as the recipient of the Partnership Award from the Black Women Business Network (BWBN) at the 2025 Black Women Business Exhibit and Professional Convention (BWEPC 2025). The Partnership Award recognizes…

First West Foundation reaches historic 12% disbursement rate with $2,278,326 in grants

LANGLEY, B.C.--First West Foundation, through its Envision Financial, Valley First, Island Savings, and Enderby Financial Community Endowments and named endowments, is granting $2,278,326 this year to deserving charities throughout B.C. This milestone represents part of First West Foundation's commitment to…

Caspian One Open Data and First West partner to roll out the Interac® verification service

LANGLEY, B.C.- First West Credit Union, in partnership with technology provider Caspian One Open Data, is proud to announce the launch of the Interac verification service, a secure and scalable digital identity verification solution. This collaboration marks a significant step…

First West Credit Union releases inaugural Impact Report demonstrating community leadership and social impact

LANGLEY, B.C.- First West Credit Union has released its first-ever Impact Report, showcasing how the member-owned cooperative is balancing financial performance with meaningful social, environmental and community impact across British Columbia.  The 2024 Impact Report spans five key areas—community impact,…

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Company Snapshot

General information

Formation: Jan.1, 2010 with earliest predecessor credit union established 1946
Comparative size: Third largest credit union in B.C.; fifth largest in Canada
Total assets and assets under management: $19.6 billion
Members: More than 280,000
Employees: Approximately 1,250
Head office: Langley, B.C.
Branches: 45

Previous mergers

Island Savings merged with First West in 2015
Enderby & District Credit Union merged with First West in 2013
Envision Credit Union and Valley First Credit Union merged in 2010, forming First West
Delta Credit Union and First Heritage Savings merged in 2001 to form Envision Credit Union
Valley First amalgamated with Armstrong Spallumcheen Savings & Credit Union and purchased KCP Credit Union in Kamloops in 2001.

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