World Library  
Flag as Inappropriate
Email this Article

Envision Financial

Article Id: WHEBN0011007162
Reproduction Date:

Title: Envision Financial  
Author: World Heritage Encyclopedia
Language: English
Subject: First West Credit Union, Citizens Bank of Canada, Vancity, Mark McLoughlin, Concentra Financial
Collection: Companies Established in 2001, Credit Unions of Canada
Publisher: World Heritage Encyclopedia

Envision Financial

Envision Financial
Type Credit Union
Industry Financial services
Founded Delta Credit Union: 1946
First Heritage Savings: 1954
Merged as Envision Financial 2001
Valley First Credit Union (1947) and Envision merged as First West Credit Union (2010)
Headquarters Langley, British Columbia, Canada
Key people Shelley Besse, President
Revenue $297.78 million CAD (2013)
Net income $37.7 million CAD (2013)
Total assets $7.7 billion CAD (2013)
Employees 1,294 (2013)

Envision Financial, a division of First West Credit Union, is a member-owned financial institution based in British Columbia, Canada. Founded in 1946, Envision Financial was established in 2001 through a merger between Lower Mainland-based Delta Credit Union, whose roots were in the fishing industry, and Fraser Valley-based First Heritage Savings Credit Union, which had historic ties to the farming and agriculture industries. First Heritage Savings Credit Union was the product of a merger between East Chilliwack Credit Union and Clearbrook District Mennonite Savings Credit Union in 1983.[1]

In 2008, Envision Financial entered into discussions with Penticton-based Valley First Credit Union to merge with one another and develop a new financial services organization for Western Canada. In September 2009, members at both credit unions voted in favour of the merger proposal, and on Jan. 1, 2010, Envision Financial and Valley First merged to become First West Credit Union. In 2013, Enderby & District Credit Union joined First West Credit Union.

Through First West, credit union members have access to 38 branches and 29 insurance offices throughout B.C. The credit union has $7.7 billion in assets under administration, nearly 1,300 employees, and 177,000 members. First West is the third-largest credit union in B.C. and the fifth-largest in Canada.[2] Envision Financial, Valley First and Enderby & District Financial continue operating as divisions of First West Credit Union, retaining their existing brand names in each respective market.


  • About Envision Financial 1
  • Membership 2
  • External links 3
  • References 4

About Envision Financial

Envision Financial has a network of 21 branches and 16 insurance offices throughout B.C. in the communities of Abbotsford, Chilliwack, Coquitlam, Delta, Hope, Kitimat, Langley, Mission, Surrey and Maple Ridge. Its regional administration centre is located in Langley.

A number of First West subsidiary businesses operate under the Envision Financial name, including Envision Insurance Services and Envision Investment Services. Envision Financial has become known for its trademark Redfrog mortgage, which was introduced in 2005.[3]

In 2013, Envision Financial launched its signature cause, The Full Cupboard. The Full Cupboard is a unique hunger fighting initiative that aims to raise food, funds and awareness for food banks in the communities in which Envision Financial operates. Through this innovative program, Envision Financial has committed to raising at least $1 million for local food banks over the next 10 years.

For eight years running, Envision Financial was recognized as one of the 50 Best Employers in Canada by the Globe & Mail's Report on Business magazine, which publishes the annual 50 Best Employers in Canada survey conducted by Hewitt Associates.[4] In 2007, Envision Financial received the inaugural "Employer of Choice" WorkLife BC Award sponsored by the British Columbia provincial government's Ministry of Children and Family Development.[5] Envision Financial is also designated a Caring Company by Imagine Canada.[6]


Envision Financial is a member of Central 1 Credit Union and is registered with the Credit Union Deposit Insurance Corporation of BC.

External links

  • Envision Financial official site
  • Envision Financial's official Redfrog mortgage site


  1. ^ Envision Financial. "History." Web. 13 March 2011.
  2. ^ Central of Canada -Largest Credit Unions - Results Q4 2008
  3. ^ Credit Union Central of British Columbia
  4. ^ Hewitt Associates' 50 Best Employers in Canada survey
  5. ^ Mary Polak, Member of the Legislative Assembly of British Columbia
  6. ^ Imagine Canada's Caring Companies List
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from World eBook Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.