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We’re banking on
Impact
Sustainable Communities
Local Economies
Clean Energy
Housing for All
Change

At VCIB, we define ourselves by our actions, rather than our words. The company we keep, the change we drive – these are our investments, and these are our returns.
Explore our impact
82
Impact real estate loans
32
Clean energy loans
26
Business loans
VCIB’s cumulative impact
as of December 31, 2023
117
impact loans
$617,398,000
committed to the impact economy*
*Includes VCIB and syndicate partner participation
3,367
Affordable units financed
943,182sq. ft.
financed
Including support for:
Affordable rentals and condos
Co-op housing
Transitional housing
Healthcare facilities
Co-working spaces
Arts hubs
23,786tonnes
of CO2 avoided
53,242MWh
of renewable energy generated
111,460MWh
of energy saved
Including support for:
Solar projects
Wastewater energy transfer
Energy storage
Wind
Geo-exchange
Building retrofits
11 loans
to nonprofits
and charities
15 loans
to impactful
for-profits
Including support for:
Women-owned businesses
Green
businesses
Housing organizations
Education and
arts
organizations
B Corporations and social enterprises
Faith communities

Financing the impact economy

Lending to one impactful project is great, catalyzing change across industries is better. Learn how our team is advancing innovations in impact finance.

Advancing solutions to the affordability crisis

From seeding the development of non-profit community land trusts across Canada, to advancing the use of shared equity mortgages that make home ownership more affordable, VCIB is supporting solutions to the affordability crisis across the housing spectrum.
Nonprofit Trillium Housing makes homeownership affordable for low- and middle-income families.

On the leading edge of climate finance

Our clean energy team is financing first-of-their kind projects and partnering with developers to demonstrate the viability of innovative, scalable business models that will accelerate the adoption of carbon cutting technologies.
Toronto Western Hospital will soon be home to the world’s largest wastewater energy transfer project. Photo courtesy of Toronto Western Hospital.

Partnering for change

Cross-sector partnerships are at the core of our work to finance change. From working with Indigenous communities to non-profits to all levels of government, partnerships boost our collective impact.
VCIB supported the Six Nations of the Grand River (SNGRDC) with re-financing for the 77-turbine Niagara Region Wind Farm

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Certified Beneficial

A B Corp’s™ purpose is to create social and financial value. To belong, they must meet high standards of transparency and accountability, and create positive social and environmental benefit.

Change Maker

VCIB belongs to the Global Alliance for Banking on Values, an international network of banking leaders who make social and environmental change a part of their financial model.

Vancity Group

VCIB is a wholly owned subsidiary of Vancity Credit Union, Canada’s largest community credit union with more than 560,000 member-owners and $34 billion in assets plus assets under administration. As a values-based financial co-operative, Vancity and its members use finance as a force for change to build a clean and fair world.

Community Grants

VCIB’s community granting programs support social, economic, and environmental change. Since 2001, we have donated more than $1.5 million to more than 100 community organizations across Canada.

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Vancity Community Investment Bank is a member of CDIC and is a Certified B CorpTM