Canada · Financial institution

Vancouver City Savings Credit Union

Vancouver City Savings Credit Union (Vancity) is a financial co-operative incorporated in British Columbia, with its head office in Vancouver. It was founded in 1946 and is owned by its members. It provides retail and business banking, commercial mortgage lending and investment services, and its subsidiaries include Vancity Community Investment Bank, a federally chartered Schedule 1 bank. First Credit Union merged into Vancity on 1 December 2025 and now operates as FCU Community Financial, a division of Vancity.

BICCTZNCA8VXXX LEI549300UM4UKZYVOLCQ72 Licence no.Not on a tracked register Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under CTZNCA8V directly. 1 branch code 1 correspondent account Claim this profile

Licences and registrations

Matched by LEI on the 22 tracked registers

None matched by LEI in the 22 tracked registers.

  • The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.

Swift network

Swift’s ISO 9362 BIC directory

BIC
CTZNCA8VXXX head office
Connection to Swift
Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under CTZNCA8V directly.
Swift GPI
Not on the member list
Payment schemes and systems
No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
Branch codes
1 branch code
BIC first registered
1997-06-07
Last updated
2022-02-14

Overview

Researched 29 Sep 2026 · Sources

Total assets

CAD 31.5bn

Group · 31 Dec 2025 · annual report ↗

Employees

Not published

Ownership

Member-owned

Institution type

Credit union / building society

Trades as Vancity

Standing
First Credit Union completed a business combination with Vancity on 1 December 2025 under Section 16 of the Credit Union Incorporation Act. It now operates as FCU Community Financial, a division of Vancity.
Ownership
Vancity is a financial co-operative owned by about 588,000 members, and it reports no controlling shareholder.
Head office
183 Terminal Avenue, V6A 4G2 Vancouver, Canada

Business lines

  • Retail banking
  • SME banking
  • Corporate banking
  • Mortgage lending
  • Private banking & wealth
  • Asset management
  • Cards
  • Consumer finance

According to its 2025 annual report, its main lines of business are retail and business banking (deposit taking and lending), commercial mortgage lending, and investment advice and services.

Online

Websites & references
vancity.com ↗
news.vancity.com ↗ news and media releases
annualreport.vancity.com ↗ annual report site
support.vancity.com ↗ member help centre (Learning Hub)
Official social accounts
LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · TikTok ↗
Sources · 14 pages consulted
  1. annualreport.vancity.com/_doc/Vancity-2025-Annual-Report.pdf
  2. annualreport.vancity.com/?cu_m_banner=true
  3. news.vancity.com/news/vancity-reports-strong-2025-performance-asset-levels-reach-a-record-41-billion
  4. news.vancity.com/news/vancity-credit-union-members-elect-three-board-directors-2
  5. news.vancity.com/vancity-at-glance
  6. news.vancity.com/news/vancity-and-first-credit-union-complete-merger
  7. news.vancity.com/news/vancity-ceo-wellington-holbrook-elected-to-central-1-credit-unions-board-of-director
  8. news.vancity.com/news/vancity-announces-new-appointments-of-chief-financial-officer-and-chief-legal-office
  9. cdn.vancity.com/v1/media/edge/images/vancouverci5821-vancity9f0e-prod943f-e9a1/media/Project/public-sites
  10. support.vancity.com/how-do-i-make-a-wire-transfer/
  11. firstcreditunion.ca/
  12. fintrac-canafe.canada.ca/new-neuf/nr/2026-09-24-4-eng
  13. vancity.com/AboutVancity/News/MediaReleases/InterimCEOAnnouncement/
  14. fintechfutures.com/job-cuts-new-hires/canada-s-vancity-names-wellington-holbrook-as-president-and-ceo

Leadership

Researched 29 Sep 2026 · Sources

Chief executive
Wellington Holbrook President and CEO Confirmed 30 Apr 2026 · annualreport.vancity.com ↗
Chair
Rita Parikh Chair, Board of Directors Confirmed 30 Apr 2026 · annualreport.vancity.com ↗
Chief financial officer
Frances Yip Chief Financial Officer Confirmed 30 Apr 2026 · annualreport.vancity.com ↗
Executive
Dave Perri Chief Risk Officer Confirmed 30 Apr 2026 · annualreport.vancity.com ↗
Executive
Angela Yadav Chief Legal Officer Confirmed 30 Apr 2026 · annualreport.vancity.com ↗

Supervisors & regulators

Researched 29 Sep 2026 · Sources

Canada
BC Financial Services Authority (BCFSA) Prudential supervisorConduct
Canada
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) AML supervisor

Recent events

Researched 29 Sep 2026 · Sources

  1. Merger / acquisition

    First Credit Union merged into Vancity and began operating as FCU Community Financial, a division of Vancity.

    news.vancity.com ↗
  2. Licence

    The BC Financial Services Authority gave regulatory consent to the proposed merger of Vancity and First Credit Union.

    firstcreditunion.ca ↗
  3. Leadership

    Chief Member Impact and Experience Officer Johnathan Fowlie left Vancity, and his responsibilities were divided between two other executives.

    annualreport.vancity.com ↗
  4. Other

    Vancity corrected vote-counting errors on board remuneration motions at its May 2025 AGM after an independent audit by MNP.

    annualreport.vancity.com ↗
  5. Leadership

    The board appointed Wellington Holbrook as President and CEO, succeeding interim CEO Nez Aquino.

    fintechfutures.com ↗
  6. Leadership

    CEO Christine Bergeron stepped down, and the board appointed Nez Aquino as interim President and CEO.

    vancity.com ↗

Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.

Identifiers

Head-office record

BIC
CTZNCA8VXXX
How the BIC breaks down
  1. CTZNBank
  2. CACountry · Canada
  3. 8VLocation
  4. XXXBranch · head office
Branch description
Not recorded in the directory
LEI
549300UM4UKZYVOLCQ72
LEI record
View on GLEIF ↗
How the LEI was matched
BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.

Profile

Type
Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
Regulation
Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Register licences
None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Country · region
Canada · North America
Trading venues (MIC)
No MIC registered under this LEI list of 2026-09-17
OFAC sanctions
No listing cites this BIC
EU sanctions
No listing matched this BIC or its LEI
Country sanctions
No country programme

Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.

No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.

Ownership and group

GLEIF relationship records

GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.

Addresses

Registered address
183 TERMINAL AVE VANCOUVER V6A 4G2 CANADA
Operational address
183 TERMINAL AVENUE VANCOUVER VANCOUVER V6A 4G2 CANADA

ISO 20022 identification

As an agent in a Swift cross-border payment message (CBPR+)

A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.

Identified by
BIC, with its LEI
Roles in CBPR+
Any agent, including the instructing and instructed agents

CBPR+

For cross-border payments on Swift: the BIC, with the LEI and clearing code where known

<FinInstnId>
  <BICFI>CTZNCA8VXXX</BICFI>
  <LEI>549300UM4UKZYVOLCQ72</LEI>
</FinInstnId>

Full record

Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC

<FinInstnId>
  <BICFI>CTZNCA8VXXX</BICFI>
  <LEI>549300UM4UKZYVOLCQ72</LEI>
  <Nm>VANCOUVER CITY SAVINGS CREDIT UNION</Nm>
  <PstlAdr>
    <TwnNm>VANCOUVER</TwnNm>
    <Ctry>CA</Ctry>
    <AdrLine>183 TERMINAL AVE VANCOUVER V6A 4G2</AdrLine>
  </PstlAdr>
</FinInstnId>

The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.

Network

Branches and correspondent banking

One branch BIC connects to the head office. The bank publishes 1 account at other banks.

Head office CTZNCA8VXXX HQ Branch codes 1Europe & Central Asia 1 CTZNCA8V001 · VANCITY · Vancouver 001 SGD · Commerzbank AG · COBADEFFXXX · Account at another bank · for incoming wire payments (intermediary bank) SGD
  • Own offices
  • Correspondent banks: it holds accounts there

Hover over a branch, account or group to see its details

Correspondent accounts

Researched 29 Sep 2026 · Sources

1 account at other banks, in 1 currency, for incoming wire payments (intermediary bank), as the bank publishes them: cdn.vancity.com ↗ dated 1 Feb 2022

CurrencyCorrespondentBICAccountDirectory check
SGD Commerzbank AG Germany COBADEFFXXX 400872029400SGD Matches the Swift directory

This is the SGD incoming wire instruction form (Form_0988, dated 1 February 2022), and its one row is extracted. It may be stale. Vancity publishes a separate form for each currency on its wire transfers page, but those pages on www.vancity.com could not be fetched. The accounts for other currencies (for example USD, EUR and GBP) were therefore not extracted. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.

Branch codes

BICBranchCityAddressLEIUpdated
CTZNCA8V001 VANCITY Vancouver 401-815 WEST HASTINGS STREET VANCOUVER VANCOUVER V6C 1B4 CANADA — 2021-02-25

See every BIC in Canada →

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Sources & method

Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.

Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.

The sanctions facts on this page cover the BIC and its LEI only.

An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.

Read the methodology →

Credits for this page

  • Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.

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