Envision Financial

From Wikipedia, the free encyclopedia

Envision Financial
Type Credit Union
Founded Delta Credit Union: 1946
First Heritage Savings: 1954
Merged as Envision Financial 2001
Headquarters Langley, British Columbia
Industry Financial Institution
Products Financial services
Revenue 203.5 million CAD (2007)
Employees 822 (2007)
Website http://www.envisionfinancial.ca/

Envision Financial, or Envision Credit Union, is a member-owned financial institution based in British Columbia, Canada. It 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, whose roots were in the farming and agriculture industries. With $3.8 billion CAD in assets under administration and approximately 100,000 member-owners as of fiscal year-end 2007, Envision Financial is currently the fifth-largest credit union in Canada and the third-largest credit union in British Columbia. It offers a full range of financial products and services. The credit union's President and Chief Executive Officer is Gord Huston.

Envision Financial has a network of twenty one branches and nineteen insurance offices throughout British Columbia, in the communities of Abbotsford, Chilliwack, Coquitlam, Delta, Hope, Kelowna, Kitimat, Langley, Mission, Surrey, Westbank, and Maple Ridge Maple Ridge. Its head office is located in Langley.

The credit union has several subsidiary businesses including Envision Insurance Services, Envision Investment Services, Envision Leasing, and CUDealerLink which provides dealer-direct financing for vehicle purchasers in British Columbia. Envision Financial jointly owns two subsidiaries with its Alberta-based partner credit union First Calgary Savings: inUnison Technology Services, which provides information technology services to credit unions, and inUnison Financial Services, which provides dealer-direct vehicle financing to auto dealers and buyers in Ontario. Envision Financial has become known for its trademark Redfrog mortgage, which was introduced in 2005.[1]

For six years running, Envision Financial has been 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.[2] In 2007, Envision Financial won the inaugural "Employer of Choice" WorkLife BC Award sponsored by the British Columbia provincial government's Ministry of Children and Family Development [3][4] The credit union is also designated a Caring Company by Imagine Canada.[5]


[edit] External links

[edit] References

  1. ^ Credit Union Central of British Columbia
  2. ^ Hewitt Associates' 50 Best Employers in Canada survey
  3. ^ WorkLife BC
  4. ^ Mary Polak, Member of the Legislative Assembly of British Columbia
  5. ^ Imagine Canada's Caring Companies List