Credit Unions

WHEREAS British Columbia credit unions are community-based and community-oriented financial institutions; AND WHEREAS over 1.5 million British Columbians are the ownersmembers of credit unions; AND WHEREAS credit unions are the only financial institutions in 39 communities in British Columbia; AND WHEREAS credit unions are committed to enhancing the communities they serve by giving back to their communities through dividends, patronage payments, support of community programs and support of innovative economic development initiatives; AND WHEREAS the British Columbia credit union system is the largest network of financial institutions in the province with 330 branches in 125 communities; AND WHEREAS Credit Union Central of British Columbia has become the banker for the Province of British Columbia; AND WHEREAS a number of local credit unions have won tendered competitions to provide financial services to their local municipalities: THEREFORE BE IT RESOLVED that local governments give credit unions every opportunity to respond to tenders for provision of financial services to local government.