About Us
As one of Canada's largest credit unions, Westminster Savings is dedicated to providing full financial services to the residents of Metro Vancouver.
About Us
At Westminster Savings, we exist to serve the needs of our customers and help advise, empower and enable them so they can achieve their most important goals, however large or small they may be.
Our purpose
To be the financial partner of choice for busy families and growing small businesses in our communities so they can achieve their most important goals.
Working with us is never just a "yes" or "no" situation because we know that life and business aren't like that either. So we provide great tools, products and information so our customers can move forward confidently.
Our vision
Enriching the lives of our customers.
Enriching people's lives is a vision we collectively pursue every day by looking beyond accounts, rates, products and services to ensure we continuously deliver real and tangible value to our customers.
Our core values
- Integrity: We act with honesty and respect
- Caring: We learn and understand the unique needs of our customers, employees and community
- Innovation: We seek to simplify and improve on what we do every day
- Teamwork: We collaborate and work together to achieve excellence
- Accountability: We take responsibility for our actions and delivering results
We help our customers achieve a better balance in life by helping them achieve a better balance financially.
More about us
Learn more about what who we are and what we're doing in our communities.
More about what we do
We have the right product & services for your personal or business needs.
Fast Facts
Fast Facts
| Established: | October 19, 1944 |
| Members: | 67,000 |
| Assets: | $4 billion |
| Subsidiaries: | WS Leasing Ltd. (vehicle leasing), Mercado Capital Corporation (equipment leasing), Westminster Savings Financial Planning Ltd. |
| Charitable Foundation: | Westminster Savings Foundation (assets: $9.0 million) |
| Head Office: | Surrey, B.C. |
| Employees: | 432 |
| Branches: | 15 branches, located in Burnaby, New Westminster, Coquitlam, Port Coquitlam, Maple Ridge, Cloverdale, South Vancouver, Surrey, Langley and White Rock, plus one Commercial Services branch |
| Member Service Centre: | 604-517-0100 |
| On the Internet: | www.wscu.com |
| ATMs: | 23, all located at our branches (find an atm) |
| President and CEO: | Gavin Toy |
| Board Chair: | Art Van Pelt |
(Current as of June 07, 2018)
Corporate News
2017 Press Releases
December 10, 2018 – Christmas is full of spending temptations, but smart planning and spending decisions in December. Pro tips on how to spend less during the holiday season.
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November 23, 2018 – Donation is part of credit union’s core purpose and a way of observing Giving Tuesday.
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November 16, 2018 – Arts Umbrella kids paint a legacy with every brush stroke.
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October 29, 2018 – Money sometimes a barrier that keeps kids out of sport - local foundation support helps New Westminster football player shine.
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October 18, 2018 – Canada’s credit unions basking in glow of service excellence award on International Credit Union Day
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October 01, 2018 – Westminster Savings Foundation reaches $4 million milestone in grants to community groups.
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August 29, 2018 – A donation of $10,000 to the Canadian Red Cross has been made by Westminster Savings Credit Union (Westminster Savings) to help assist those impacted by the devastating B.C. wildfires.
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July 24, 2018 – Westminster Savings Credit Union (Westminster Savings) is proud to be a community partner of Special Olympics BC and is excited to cheer on six local athletes ahead of the 2018 Special Olympics Canada Summer Games.
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May 14, 2018 – The Westminster Savings Board of Directors elected a new chair at its recent meeting on May 8, 2018.
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May 2, 2018 – Westminster Savings’ Senior Vice President, Human Resources and Corporate Communications, TJ Schmaltz, has been welcomed into the greater constellation of Fellow Chartered Professionals in Human Resources (FCPHR).
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April 18, 2018 – Westminster Savings Credit Union (Westminster Savings) announced the results of the 2018 Directors Election at its 74th Annual General Meeting last night. Six candidates stood for election this year, with members voting incumbent Hanne Madsen and newcomers Colin G. MacKinnon and Rita Virk to the Westminster Savings Board of Directors.
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April 13, 2018 – Westminster Savings’ Senior Vice President, Chief Financial Officer and Corporate Secretary, Mary Falconer, has been announced as one of BC’s Top CFOs in Business in Vancouver’s 2018 BC CFO Awards.
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March 26, 2018 - Westminster Savings Credit Union (Westminster Savings) is pleased to report its financial results, which show significant growth, for 2017.
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Click here to see all of our past press releases.
Corporate Reports & Official Notices
You can view our annual reports reports in pdf format by clicking on the links below. If you experience any difficulty in accessing the reports, please email connect@wscu.com or call us at 604-517-0100 or 1-877-506-0100.
2018 Annual Report
Read the interactive Westminster Savings Annual Report for a detailed account of the initiatives undertaken by the credit union in 2018.
2018 Management Discussion and Analysis
Read the Westminster Savings Management Discussion and Analysis for a detailed account of the financial, administrative and management initiatives undertaken by the credit union in 2018, and to view the audited consolidated financial statements.
2018 Westminster Savings Foundation Report
Westminster Savings has been continuing its efforts to make the communities where we live and work better places for everyone. Read about our efforts in the Westminster Savings Foundation Report.
2018 Westminster Savings Report of the Board of Directors
While much of the year was devoted to exploring a merger with Prospera Credit Union, a significant number of other important initiatives were advanced this past year, all with a view towards enhancing value for you, our members.
