Vancity Community Investment Bank
@BankVancity
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We are Vancity Community Investment Bank, a values-driven bank on a mission to finance a sustainable tomorrow. #BankOnChange #BCorp
Toronto, Ontario
Joined February 2019
We’re VCIB, Canada’s values-based bank. We’re using finance as a tool to drive lasting positive change in our communities—building a greener, more sustainable, and more affordable future. See for yourself!
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📣 Attendees of the 2022 Toronto Real Estate Forum! Take a deep dive into apartment-specific financing processes in Session 2: “Financing the Deal: Investment and Interest Rate Outlook” - presented by VCIB’s Eric Visser.
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Sincere thanks to everyone across Canada who is working to address the affordability crisis on this #NationalHousingDay, and every day. We were so pleased to join Options for Homes as a lead sponsor in support of their National Housing Day fireside chat.
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Last year we created a first-of-its-kind impact investment program to help solve the lack of acquisition funding for #AffordableHousing. And it worked! Learn how our partnership with @parkdaleland resulted in a tried-and-true financing model:
vancitycommunityinvestmentbank.ca
To Parkdale’s lack of affordable housing options, a neighborhood land trust offers an inspiring response: community ownership and stewardship of […]
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📣 Community housing members and partners attending the 2022 ONPHA Conference! Stop by our booth today and tomorrow to engage in meaningful conversations on how to support #AffordableHousing and #CommunityHousing. #ONPHACon #FinanceChange
@ONPHA
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VCIB’s new high interest savings account was designed to help affordable housing providers reserve their funds securely while earning a prime-linked interest rate. Your investments made with VCIB help finance projects driving positive change:
vancitycommunityinvestmentbank.ca
What is the Affordable Housing HISA? The Affordable Housing HISA is a high-interest savings account designed to help non-profit affordable […]
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Huge shoutout to our partner @Futurpreneur! The Growth Accelerator program, supported by VCIB, provided 25 young entrepreneurs with expert guidance on how to grow their businesses - including Sue-Rose Reed’s design-forward and sustainable Oneberrie: https://t.co/SdGW9D8Pqq
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The CEO-to-median-worker ratio is not yet a thing in Canada, but Vancity has been pushing big banks to disclose it. This article sheds light into the damages of wealth inequality: https://t.co/VOVULhTbFu
theglobeandmail.com
When disclosing the pay of its CEO, cannabis company Tilray left out the stock awards that make up 90 per cent of Irwin Simon’s compensation
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Last year, our incredible partner @TrilliumHousing set out to build 216 stacked townhouses with $68 million financing from VCIB. Now, Maxx Urban Towns is starting to welcome its first tenants! Learn how they're creating more affordable homes:
vancitycommunityinvestmentbank.ca
Trillium Housing and VCIB are tackling the housing affordability crisis in Pickering with $68 million construction financing.
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The numbers speak for themselves. With 34% of income derived from sustainable lending and investments, Vancity Group—which includes VCIB—is financing Canada’s sustainable future. We’re excited to be at the top of this international list!
We partnered with @TheBanker to analyze the share of banking revenues derived from sustainable activities among banks in the #NZBA who are committed to reporting under the @FSB_TCFD
https://t.co/SsOxYZofvO
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Vancity is honoured to be a Sponsor for @BearsLairTV, premiering September 11th on APTN! Watch as 18 Indigenous entrepreneurs from across the nation showcase their businesses and their meaningful and impactful stories for the chance to win $100,000!
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After last month’s $3.2-million EV fleet project financing deal with Vancouver-based 7 Generation Capital, @BankVancity says it is looking for more opportunities to help fund transportation’s transition to net-zero. https://t.co/QE3p3RA7xN
electricautonomy.ca
Vancity hopes its $3.2-million EV fleet project financing deal with 7Gen Capital is the first of many in a sector needing decarbonization
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VCIB’s $33.9 million financing will support @ottawacity's Better Homes Loan Program, which allows residents to borrow funds to finance energy efficiency retrofits. Learn how the program is reducing GHG emissions in Ottawa homes:
vancitycommunityinvestmentbank.ca
VCIB’s $33.9 million loan for the Better Homes Ottawa Loan Program is helping homeowners borrow funds for energy efficiency retrofits.
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Financing is the missing piece to unlock the potential of #EVfleets. Learn how our partnership with 7Gen is supporting an “EVs-as-a-service" model, the first of its kind in Canada: https://t.co/pgfs6nOSDK
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Our partnership with 7Gen showcases a new business model to facilitate #EVfleet transition. VCIB’s $3.2 million loan will support 7Gen’s purchase of 10 EV trucks and equipment, to be leased by @gobolt_ to accelerate Canada's EV fleets: https://t.co/VZAJ9j4ohX
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It's been just over a year since we announced our goal of getting to net-zero by 2040. 🧵
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VCIB’s partnership with @AccelerateZev aims to decarbonize the transport sector while supporting the mobility of workers through a just transition. Learn how we’ll work together to bolster Canada’s #ZEV supply chain: https://t.co/HEAEvFE7Tu
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What started as a curiosity turned into a passion to accelerate Canada’s #netzero transition. Learn how Jonathan Frank is dedicating his life’s work to creating innovative financial solutions for a #lowcarbon future:
vancitycommunityinvestmentbank.ca
We are the only Canadian bank exclusively focused on partnerships with organizations that drive social, economic and environmental change.
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VCIB recertified as a #BCorp with an impact score of 136.8, a 53% increase on our original score! Learn how our purpose-driven lending has increased our impact: https://t.co/gQfiYgw67N
@bcorpuscan @BCorporation
vancitycommunityinvestmentbank.ca
This year, after our triennial B Corp recertification, we received an impact score of 136.8 – a 53% increase from our last score!
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After serving in the interim role, we’re thrilled to welcome @christineyvr’s as VCIB’s CEO! Learn more: https://t.co/bGCU9fapST
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What role does the healthcare sector play in getting to #netzero? The team at @Dialysis_DMC asked themselves the same question and took action. Learn how DMC’s innovation is modeling the future of healthcare:
vancitycommunityinvestmentbank.ca
DMC may not be a large organization, but its inspiring vision and constant innovation is influencing Ontario’s healthcare system.
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