{"id":397581,"date":"2026-01-22T20:00:00","date_gmt":"2026-01-22T20:00:00","guid":{"rendered":"https:\/\/dailybanglanewspapers.com\/news\/members-vote-yes-to-change-first-west-credit-unions-name\/"},"modified":"2026-01-22T20:00:00","modified_gmt":"2026-01-22T20:00:00","slug":"members-vote-yes-to-change-first-west-credit-unions-name","status":"publish","type":"post","link":"https:\/\/dailybanglanewspapers.com\/news\/members-vote-yes-to-change-first-west-credit-unions-name\/","title":{"rendered":"Members vote yes to change First West Credit Union\u2019s name"},"content":{"rendered":"<p><\/p>\n<div id=\"main-body-container\" itemprop=\"articleBody\">\n<p>LANGLEY, B.C., Jan.  22, 2026  (GLOBE NEWSWIRE) &#8212; First West Credit Union announced today that its members voted in favour of a special resolution to change the cooperative financial institution\u2019s legal name to\u00a0Tru Cooperative\u202fCredit Union\u202fwhile provincially regulated and\u202fTru Cooperative Bank\u202fupon continuance as a federal credit\u202funion.\u00a0The\u00a0special\u00a0resolution\u00a0received approval from\u00a087%\u00a0of\u00a0the\u00a0members holding Class A Membership Equity\u00a0Shares\u00a0who\u00a0voted,\u00a0exceeding\u00a0the\u00a0requirement\u00a0to receive approval from\u00a0two thirds\u00a0of\u00a0the voting\u00a0members with\u00a0Class A Membership\u00a0Equity\u00a0Shares.\u00a0\u00a0<\/p>\n<p>\u201cThis vote is a powerful reflection of who we are and who our members want us to become,\u201d\u00a0says\u00a0First West\u00a0CEO\u00a0Launi\u202fSkinner. \u201cOur cooperative purpose\u00a0remains\u00a0unchanged: to create a future\u00a0where everyone can flourish. What evolves is the clarity of how we can show up in the Canadian financial services\u00a0space.\u00a0Once we are federally regulated, the\u00a0Tru Cooperative Bank name\u00a0strengthens our ability to be recognized, trusted and understood\u00a0across Canada, while staying firmly rooted in member ownership, community\u00a0investment\u00a0and local decision-making.\u201d\u00a0<\/p>\n<p>First West\u2019s\u00a0Board\u00a0Chair, Shawn Neumann, is\u00a0equally optimistic\u00a0about the change.\u00a0<\/p>\n<p>\u201cCanada benefits when\u00a0people have real choice in financial services\u2014a choice that\u2019s\u00a0values-driven, community rooted and built for the future. We are grateful\u00a0to our members for their confidence and participation. Today\u2019s result is\u00a0an important step\u00a0in our evolution and our ambition to be a clear, compelling challenger: modern in how we serve, strong in how we\u00a0operate\u00a0and cooperative in why we exist. We are excited for what comes next.\u201d\u00a0\u00a0<\/p>\n<p>The vote provided\u00a0member approval to change\u00a0First West\u2019s\u00a0legal\u00a0name\u00a0and with this\u00a0approval First West will\u00a0proceed\u00a0to work with the applicable regulatory authorities to obtain the remaining approvals\u00a0required\u00a0to\u00a0implement the\u00a0change.\u00a0<\/p>\n<p>The\u00a0cooperative\u2019s\u00a0local brand names\u2014Envision Financial, Island Savings, Valley First and Enderby &amp; District Financial\u2014are not changing.\u00a0\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><strong>About First West Credit Union<\/strong><strong>\u00a0<\/strong><\/p>\n<p>First West Credit Union brings together the best of both worlds, combining the scale,\u00a0stability\u00a0and solutions of a leading Canadian financial institution with the care and community leadership of a local cooperative. Powered by the leadership of Launi Skinner, First West is Canada\u2019s premier multi-brand credit union, serving 283,000 members through\u00a0four admired community brands: Envision Financial, Valley First, Island Savings, and Enderby &amp; District Financial. With approximately $20 billion in total assets and assets under administration, First West makes it easy for its members to get impactful, practical advice and personalized service\u00a0that\u2019s\u00a0truly in their best interests, through 45 branches across B.C., a Member Advice\u00a0Centre\u00a0and leading digital tools.\u00a0<\/p>\n<p>Since 2010, First West has given back more than $41 million to its communities, while cultivating a culture with its 1,250 team members that is recognized nationally with Canada\u2019s Most Admired Cultures Award, BC\u2019s Top Employers Award, 5-Star Psychological Safety Award, and the Canadian Workplace Wellbeing Award. Learn more at firstwestcu.ca and see how\u00a0we\u2019re\u00a0redefining banking to create a future where everyone can flourish.\u00a0<\/p>\n<pre\/><img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/Mzg0ZTE4MzMtOWQ1ZS00NjAwLTg1NmUtNmYxNzhjNjYzOTQ1LTUwMDE0NjI3OS0yMDI2LTAxLTIyLWVu\/tiny\/First-West-Credit-Union.png\" referrerpolicy=\"no-referrer-when-downgrade\"\/>\n            <\/div>\n","protected":false},"excerpt":{"rendered":"<p>LANGLEY, B.C., Jan. 22, 2026 (GLOBE NEWSWIRE) &#8212; First West Credit Union announced today that its members voted in favour of a special resolution to change the cooperative financial institution\u2019s legal name to\u00a0Tru Cooperative\u202fCredit Union\u202fwhile provincially regulated and\u202fTru Cooperative Bank\u202fupon continuance as a federal credit\u202funion.\u00a0The\u00a0special\u00a0resolution\u00a0received approval from\u00a087%\u00a0of\u00a0the\u00a0members holding Class A Membership Equity\u00a0Shares\u00a0who\u00a0voted,\u00a0exceeding\u00a0the\u00a0requirement\u00a0to receive approval from\u00a0two 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