 | |
| Company type | Credit Union |
|---|---|
| Industry | Financial services |
| Founded | Duncan & District Credit Union: 1951 |
| Headquarters | , |
Key people | Kendall Gross, President |
| Website | islandsavings.ca |
Island Savings, a division of First West Credit Union, is based in British Columbia, Canada. Since 1951, Island Savings has served communities on Vancouver Island and Gulf Islands.
In 2013, Island Savings entered into discussions with B.C.-based First West Credit Union. In November 2014, members Island Savings voted in favour of the merger proposal, and on Jan. 1, 2015, Island Savings joined First West's network. The First West brand network also includes Envision Financial, Valley First and Enderby & District Financial.
First West Credit Union has $14 billion in total assets and assets under management, approximately 1,250 employees and more than 250,000 members. The credit union is the third largest in B.C. and the fifth largest in Canada.[1] Its divisions—Envision Financial, Valley First, Island Savings and Enderby & District Financial—operate under their existing brand names in their respective markets.