Banking Products for Impactful Organizations and Businesses

We are Vancity Community Investment Bank, but you can call us VCIB. We are a values-based bank on a mission to finance a greater tomorrow.

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.

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We’re proud to champion the work of impactful organizations like affordable housing developer Habitat for Humanity Canada, green real estate and clean energy private equity firm Forum Equity Partners, and social entrepreneurship catalyst Centre for Social Innovation.

Products and services to help you bank on
better ways forward

VCIB's suite of banking, investing and financing solutions are purpose-built to help your organization thrive, prosper and foster change.

Lending

At VCIB, we understand financing is key to supporting your organization’s growth and mission. We now offer flexible financing solutions, competitive interest rates, and easy online access to manage your loan.

Term Loans

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.

Banking

Whether you’re a purpose-driven business, non-profit or charity, we now offer products and services to support your day-to-day banking needs. And, our dedicated impact banking team is here to help your organization reach its goals.

Transaction Account

Manage deposits and payments electronically (no cash, cheque, ATM or branch services)

Online Banking

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.

Investing

Investing with VCIB can be a strong fit for organizational reserves, such as an operating or capital fund. With our Impact GICs, you can invest at competitive rates while supporting impactful projects in the community.

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.

Looking for a bank that shares your values? Let’s chat.

Get in Touch

Learn how we’re helping our partners change the world for the better

Habitat Canada: Creating Affordable Housing

Forum Equity Partners: Investing in Clean Energy

Centre for Social Innovation: Building the Next Economy

Shared Interest™ Visa*
Business Card

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.

Learn More

Partner with a bank that sees the world the way you do.

Get in Touch

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.

Vancity Group

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. 

Federally Chartered

VCIB is a Schedule 1 chartered bank operating under federal guidelines and regulated by the Office of the Superintendent of Financial Institutions.

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.

The customer endorsements that appear on this page were solicited by VCIB. Images were provided by partners and taken before COVID-19 pandemic. Loans subject to credit approval. Some credit restrictions may apply. Other terms and conditions may apply.

1 Points earned for every $1.50 Purchase is an approximation, depending on rounding. Specifically, to calculate the points that you earn for each eligible purchase, the amount of your purchase is multiplied by 0.67. We round up if the result is equal to an amount that ends in 0.50 or greater, and round down if the result is equal to an amount that ends in 0.49 or less. Then the rounded amount is multiplied by 2, which works out to about 2 points for every $1.50 eligible purchase. You will earn more points per $1.50 on eligible purchases made with a Shared Interest Visa Business card. Eligibility is based on the merchant code as classified in the Visa credit card network. Purchases made at merchants classified as: (1) Electronics/Computers, Peripherals, and Software; Office Supplies/Stationery, Printing and Writing Paper; Electronic; and Hardware/Garden Centers are “office supplies”; (ii) Local/Suburban Commuter Passenger Transportation – Railroads; and Transportation Services Not Elsewhere Classified are “public transit and ferries”; and (iii) Taxicabs and Limousines; Bus Lines; Automobile Parking Lots and Garages; Railroads; Passenger Railways are “taxis, bus, parking and rail”. Some merchants may sell these products/services or are separate merchants who are located on the premises of these merchants, but are classified by the Visa credit card network in another manner, in which case the accelerated earn rate will not apply. Visit vcib.ca/visabusiness/benefits to enrol and learn more about your Shared Interest Visa Business benefits.
2 Calculated on the previous three years’ average annual income from operations.
3 Liability waiver insurance is underwritten by Royal & Sun Alliance Insurance Company of Canada. All other insurance benefits are underwritten by American Bankers Life Assurance Company of Florida and/or American Bankers Insurance Company of Florida
™Vancity Community Investment Bank and Vancity Community Investment Bank Rewards are trademarks of Vancouver City Savings Credit Union, used under license.
™Shared Interest is a trademarks of Vancity Community Investment Bank.
*Trademark of Visa Int., used under license.

Vancity Community Investment Bank is a member of CDIC and is a Certified B Corp^TM