Banking Products for Impactful Organizations and Businesses
VCIB is the only Canadian bank that works exclusively with organizations and businesses that drive social, economic and environmental change. Building strong partnerships is our top priority.
Whether it’s serving the community or growing a business, we work tirelessly to help our clients achieve their goals.
Products and services to help you bank on
better ways forward
Unlock funds needed to grow, expand and improve your organization. Target loan size: $250K-$20M.
Operating Line of Credit
Get access to credit to help bridge gaps in your operating cash flow. Target loan size: $250K-$10M.
Manage deposits and payments electronically (no cash, cheque, ATM or branch services)
Schedule bill payments, e-transfers, and process payments/receivables with AFTs.
High Interest Savings Account
Earn competitive, tiered interest on your organization’s short-term savings.
Fixed Term Impact GICs
Great if your organization doesn’t need ready access to your cash. Choose from a variety of term lengths.
Cashable Impact GICs
Provides maximum flexibility with a 1-year term and access to your funds at any time.
Learn how we’re helping our partners change the world for the better
Our Shared Interest Visa Business card offers unique features and flexible rewards that enable your organization to efficiently deliver on its mission – all while helping the community and the environment.
- Annual fees waived for certified B Corporations.
- Redeem your points for charity donations, cash back and gift cards.
- Streamlined reporting and customized payment controls.
- A credit review process tailored for charities, non-profits and purpose-driven businesses.
Frequently Asked Questions
Why choose VCIB?
We believe banking can be a powerful catalyst for immediate and lasting social and environmental change. We focus on banking businesses and organizations working to make our communities a better place. Their work isn’t business as usual and they need a financial partner who understands that and who will support them in their mission. We are a proud B Corporation and a member of the Global Alliance for Banking on Values.
Who can bank with VCIB?
As a commercial bank, VCIB exclusively serves organizations and businesses across Canada that are focused on driving change.
What is VCIB’s relationship with Vancity?
VCIB is an Ontario-based schedule 1 federally chartered bank and a subsidiary of Vancouver City Savings Credit Union (Vancity), a British Columbia-based financial cooperative with more than half a million members. VCIB’s mandate is to bring Vancity’s unique community-first finance model to the rest of Canada.
VCIB is a wholly owned subsidiary of Vancity Credit Union, a values-based financial co–operative. With more than 543,000 members and $28.2 billion in assets, plus assets under administration, Vancity is Canada’s largest community credit union.
VCIB is a Schedule 1 chartered bank operating under federal guidelines and regulated by the Office of the Superintendent of Financial Institutions.
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.
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.