North Shore Credit Union

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North Shore Credit Union
Type Credit Union
Founded 1941
Headquarters North Vancouver, British Columbia
Area served British Columbia
Key people Chris Catliff - President & Chief Executive Officer (CEO)
Industry Finance
Employees 316
Website https://www.nscu.com/

North Shore Credit Union (NSCU) is a large credit union in Canada with over 40,000 members and $2.0 billion in assets under administration. Based in North Vancouver, British Columbia, NSCU operates as a full service financial institution for its members, the organization has 13 branches throughout the Lower Mainland of British Columbia and in Squamish, Whistler, and Pemberton. Its subsidiaries include United Mortgage Group, North Shore Capital Corporation, North Shore Leasing Ltd., Pacific Spirit Properties Ltd. and North Shore Insurance Services Ltd.

North Shore Credit Union has been honoured numerous times as one of the most technologically innovative financial institutions in North America. NSCU is also designated a Caring Company by the Canadian Centre for Philanthropy and is a proud member of Canada's IMAGINE program. As an Imagine Canada Caring Company, NSCU supports the principles of corporate citizenship and benchmarks for community investment established by Imagine Canada. The Credit Union agrees to commit a minimum of 1% of pre-tax profit to support charitable and non-profit organizations and to encourage the personal giving and volunteer activities of its employees.

One of the ways in which NSCU serves smaller communities is by placing automated banking machines (known as "automated teller machines" or "ATMs" in the United States) where a branch would not be viable. The island community of Bowen Island, is one such community.

On a per capita basis, Canadian membership in credit unions ranks among the highest in the world, with 11 million members (48% of the economically active population).[1]

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[edit] References

  1. ^ World Council of Credit Unions, 2006 Statistical Report.

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