Vancity Community Investment Bank

Vancity Community Investment Bank (VCIB) is a Canadian chartered bank founded in 2017 as a wholly owned subsidiary of Vancity Credit Union. Unlike traditional banks, VCIB is focused on financing businesses and organizations committed to positive social, environmental, and economic change. It primarily provides banking products and services to non-profit organizations, charities, social enterprises, and purpose-driven businesses. VCIB specializes in lending for social purpose real estate (affordable housing, co-working spaces, green buildings) and clean energy projects.

VCIB is a certified B Corp, demonstrating its commitment to high standards of transparency, accountability, and creating positive social and environmental impact. It's also a member of the Global Alliance for Banking on Values, an international network of banks dedicated to aligning their financial model with social and environmental goals. VCIB's mission is to use the tools of finance to drive immediate and lasting positive change within communities.

Vancity Community Investment Bank offers a variety of flexible work arrangements to support employee well-being and personal responsibilities. These options include compressed work weeks, job sharing, and work-from-home arrangements, allowing employees to tailor their work schedules to their individual needs. The company also provides generous parental leave benefits, including a top-up benefit equalling up to 85% of pay while on leave, to support employees at all stages of life.

Vancity Community Investment Bank provides a competitive compensation package and focuses on employee wellbeing. They offer professional development opportunities and tuition subsidies to encourage growth, flexible benefits to meet individual needs, and work-life balance options such as compressed weeks, job sharing, and work-from-home arrangements. They also provide generous parental leave for birth or adoption, with a top-up benefit of up to 85% of pay.

Vancity Community Investment Bank (VCIB) is a values-driven bank committed to using the tools of finance to create immediate and lasting social and environmental change in communities across Canada. They aim to finance a sustainable tomorrow by partnering exclusively with organizations that are focused on driving positive social, environmental, and economic change. VCIB prioritizes lending for social purpose real estate (affordable housing, co-op housing, co-working spaces, green and heritage buildings), as well as meeting the deposit needs of not-for-profit organizations, foundations, and endowments.

Vancity Community Investment Bank (VCIB) cultivates a culture that prioritizes collaboration, social responsibility, and a deep commitment to creating positive change. They champion a values-driven approach, seeking employees who share their passion for building a more inclusive and sustainable world. VCIB encourages their team to challenge the status quo in finance, break down barriers to access, and empower organizations that are driving lasting impact. They foster a supportive environment that values professional growth, offers flexible benefits, and promotes a healthy work-life balance for their employees.

Vancity Community Investment Bank (VCIB) demonstrates a commitment to diversity, equity, and inclusion through its values-driven approach to banking. VCIB explicitly states its mission is to "finance a sustainable tomorrow" and that includes being "conscious of being part of something more." This translates into actively seeking out and financing organizations and projects that are driving positive social, economic, and environmental change, thereby fostering a more inclusive and equitable society. VCIB's efforts to break down barriers and champion companies that embrace a values-driven ethos are fundamental to their operations and are further evidenced by their partnership with the Vancity Group, Canada's largest community credit union, which shares a similar values-based approach.