2005 Archives

Langley, B.C. — About a year ago, Julie Clitheroe left her position at Envision Financial in Langley, B.C., for an exciting new role managing a team of sales reps at a furniture importing company. It seemed like the right move at the time, but after only eight months, she decided to come back. Why? Because it just wasn’t Envision.

“I didn’t come back to Envision because it was comfortable,” she explains. “I came back because I knew Envision was a great place to work.”

As it turns out, Clitheroe isn’t the only one with that sentiment. This morning, for the fourth year in a row, Envision was named one of the 50 best employers in Canada. This year, the local financial institution was ranked ninth, up 25 spots from last year's placement at number 34.

The annual 50 Best Employers survey, conducted by Hewitt and Associates and published by the Globe and Mail’s Report on Business magazine, is unique in that it is the only national study where employees determine who makes the list. As part of the study, Envision employees answered questions on all kinds of topics ranging from how much their opinions are valued to the effectiveness of the organization’s leadership.

“The more people I talk to, the more I realize how great Envision really is,” Clitheroe says. “So many people I know hate their job. For me, even if I’m sick, I still love coming to work.”

Currently serving as the Branch Manager at Envision’s new Sunwood Square location in Coquitlam, B.C., Clitheroe admits she was humbled when the senior management team selected her for the position.

“Being chosen to open a branch in an area where we’re not known is a huge responsibility,” she says. “But that’s what Envision does. They believe in seeing the potential in people and putting them in positions where they can excel. It’s a totally different mentality.”

For Clitheroe, knowing she has the support of not only her peers, but also the leadership is a definite boost to her confidence.

“I love it when Gord Huston calls and says he’s proud of what I’m doing. I don’t know of another CEO who does that,” she explains. “It’s hard to describe, but I feel very valued here. I feel like I can make a difference.”

Karla Lamy, Personal Account Representative at Envision’s Town Centre branch in Abbotsford, has also had great experiences as an Envision employee. Although she’s only been with the company for four years, she too believes Envision is an outstanding place to work.

“They’re really interested in my personal life and my work life meshing so that one doesn’t overpower the other,” she explains. “It’s nice to know I have that support.”

For Lamy, one of the best parts about working for Envision is the opportunity she’s been given to continue her education.

A participant in Envision’s fast-track degree program, Lamy is currently pursuing her Bachelor of Business degree through the University College of the Fraser Valley while continuing to work full time.

“I love the flexibility they offer me,” she explains. “Sometimes I’ve needed time off to study and they’re totally supportive of that. It’s a little thing but it makes a big difference.”

Then there are the flexible health benefits. “I had benefits with my previous employer,” she says. “But here, they give me a choice about the kinds of coverage I want. I’m able to pick and choose how those dollars are allotted.”

Additional perks include flexible working arrangements and a strong focus on health and well-being. The company even negotiates discounts at local gyms and arranges for seminars on everything from stress management to parenting.

“We really want our employees to be happy and enjoy coming to work,” says Envision Financial President and CEO Gordon Huston. “In fact, one of our main goals as an organization is to become the best place our employees have ever worked. Our employees take pride in helping members reach their individual goals, but they also find satisfaction through helping the community succeed on a broader level. Last year, Envision distributed more than $1 million to non-profit organizations through various sponsorships, scholarships, and donations, and employees raised more than $60,000 for the United Way.”

Envision Financial is B.C.'s third largest credit union with 18 locations throughout the province. The organization has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and 80,000 members. The credit union includes four subsidiaries: Envision Insurance Services, Envision Investment Services, Envision Leasing, and CU DealerLink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada.

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December 19, 2005
Envision Financial announces $350K in new scholarships for UCFV student-athletes

Abbotsford, B.C. — Gord Huston, President and CEO of Envision Financial, made the official sod-turning on the new Envision Athletic Centre at UCFV’s Abbotsford campus a cause for extra celebration today with a special scholarship announcement. Huston used the occasion to commit $350,000 to a new student-athlete scholarship program at UCFV. The scholarships, which may assist as many as 20 UCFV student-athletes each year for the coming 10 years, will be awarded beginning in autumn 2006. Recipients will be identified through a rigorous application and review process.

Huston and UCFV officials donned hardhats to signal the start of construction of the new $6.5 million athletic centre, for which Envision purchased 10-year naming rights. The centre will be the new home of the award-winning UCFV Cascades sports teams as they begin competition in the Canadian Interuniversity Sport (CIS) organization in autumn 2006.

“At Envision, we believe in giving back to the local community in a tangible way,” said Envision Financial CEO and President Gord Huston. “By providing local students with educational funding, we are investing in the leaders of tomorrow and ensuring that our community continues to thrive and prosper. We are proud to be a part of the good work that is being done by UCFV.”

In 23 years of varsity athletics, UCFV has boasted a track record as one of the most decorated collegiate athletic programs in Canada. The Cascades have amassed a total of three national championships, 15 provincial championships, and 129 provincial all-star student-athletes. “This is a tremendous announcement for us,” said Mark Kosak, Director of Athletics at UCFV. “These scholarships will allow our student-athletes to focus on training hard in order to be competitive in Canada West — the toughest CIS conference in Canada. It’s challenging enough for our players to balance their training, travel and game commitments with strict academic obligations, let alone try to finance their post-secondary experience with a part-time job.”

UCFV is committed to academic excellence, making it a priority for its student-athletes. Weekly study hall is mandatory for all athletes posting a GPA under 3.5. They also receive one-on-one academic assistance and guidance from an academic coach. Current Cascade sophomore and athletic scholarship recipient Michelle Buhler is grateful for the additional support that Envision will provide for her fellow student-athletes at UCFV. “I’ve been balancing a 20/hr a week training schedule on the women’s basketball team with a full academic course-load in the General Arts program. There’s no way I could make the time to train and study as hard as I do without some financial assistance to offset not having a job.”

UCFV President Skip Bassford thanked the entire Envision team for their commitment to local youth and community development. In recognition of the company’s contribution to the future of athletics at UCFV, he presented Gord Huston with a Cascades Athletics jacket and 2006-07 season tickets to the Cascades’ home games.

About Envision Financial
Envision Financial is B.C.’s third largest credit union with 18 locations throughout the province. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and 80,000 members. The credit union includes four subsidiaries: Envision Insurance Services, Envision Investment Services, Envision Leasing, and CU DealerLink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada.

About University College of the Fraser Valley (UCFV)
UCFV is a fully accredited, public university college that serves over 10,000 students. In addition to 12 bachelor’s degrees and one master’s degree, UCFV offers more than 70 programs in applied and academic areas. These include career and technical training, trades training, English as a second language, college and career preparation, university transfer, and a range of career-oriented, continuing studies courses and programs.

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December 13, 2005
UCFV and Envision Financial enhance long-term partnership: Student residences and new athletic centre on deck

Abbotsford, B.C. — UCFV and Envision Financial are teaming up to shape - quite literally - the future of post-secondary campus life in the Fraser Valley. The next step in an already close partnership involves the financing of new student residences at UCFV's Abbotsford campus and the naming rights to a new state-of-the-art athletics centre.

Student Residences
In the fall of 2007, UCFV will open the doors to a new 200-bed student residence on its Abbotsford campus. As a degree-granting institution, UCFV attracts students from all over B.C., as well as from across Canada and around the world. The availability of an on-campus residence is often a deciding factor for these students in choosing an educational institution. The new residence will also play a significant role in generating a real sense of student belonging, which speaks to UCFV's ongoing commitment to fostering dynamic student life on campus.

The $13.5 million residence project is being financed through Envision Financial. Not only is Envision helping the institution realize significant savings by offering an innovative financing solution, but the company also tabled an attractive offer to secure naming rights to the new UCFV Athletic Centre for a 10-year period.

"Envision was extremely responsive to our needs when we were searching for an innovative financing approach," said Jackie Hogan, Director of Budgets & Financial Planning at UCFV. "Envision's President and CEO Gord Huston took an active role in the negotiations and immediately saw how this project fit with the organization's strategic vision of investing in youth and in the local community."

Athletic Centre
Home to the Cascades - UCFV's award-winning sports teams - the current UCFV gymnasium and student activity centre is one of the busiest and best-used facilities on the Abbotsford campus. In recognition of the high calibre of athletics at UCFV, the institution has recently been accepted into the Canada West Universities Athletic Association, part of the Canadian Interuniversity Sport (CIS) organization. To support its vibrant athletics program and to provide additional space for special events, UCFV is commencing construction of a new $6.5 million athletic centre. The official ground-breaking for the Envision Athletic Centre is scheduled for Monday, December 19. Completion of the facility is scheduled to coincide with the Cascades' first home games as part of the CIS league in autumn 2006.

"CIS teams represent the highest level of amateur athletics in the nation," said Mark Kosak, Director of Athletics at UCFV. "The future of the athletics program at UCFV is dependent on having high-quality facilities appropriate to the level of play in this league. We're very excited that the new centre will serve as a hub of sporting excellence for this generation of British Columbians and for many more to come."

A lengthy partnership
These initiatives are the latest in a lengthy tradition of collaboration between UCFV and Envision Financial. "Our relationship with Envision is one of our strongest private-sector partnerships," stated UCFV President Skip Bassford. "Over the years, Envision has helped us build a fully equipped Computer Access Centre, supported many on-campus events, contributed extensively to our Alumni Association, and sponsored several of our community publications. Envision executives have also established a tradition of donating their valuable time and wisdom to the UCFV Foundation Board. We will all be proud to see the doors open on the Envision Athletic Centre next year."

"At Envision, we are striving to become an industry leader in corporate citizenship," said Envision Financial President and CEO Gord Huston. "We are proud to partner with UCFV on this project as we work towards building a healthy and vibrant community in the Fraser Valley."

UCFV and Envision Financial have teamed up in the past to offer Envision employees the opportunity to earn a business degree custom-tailored to their work environment. This accelerated Bachelor of Business Administration degree program includes courses offered by UCFV professors on-site at Envision premises, on a schedule that allows employees to spend some work time and some personal time in class. Envision also offers a customized financial services package to UCFV alumni.

About Envision Financial
Envision Financial is B.C.'s third largest credit union with 18 locations throughout the province. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail's Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and 80,000 members. The credit union includes four subsidiaries: Envision Insurance Services, Envision Investment Services, Envision Leasing, and CU DealerLink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada.

About UCFV
UCFV is a fully accredited, public university college that serves over 10,000 students. In addition to 12 bachelor's degrees and one applied master's degree, UCFV offers more than 70 programs in applied and academic areas. These include career and technical training, trades training, English as a second language, college and career preparation, university transfer, and a range of career-oriented, continuing studies courses and programs.

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November 1, 2005
Experience of a lifetime: Delegate from Africa visits local credit union as part of mentoring program

Langley, B.C. — Itai Teclah Msiska, manager of Karonga Teachers’ Savings and Credit Union Co-operative (SACCO) in Malawi, Africa couldn’t believe her luck when she was selected to participate in the Canadian Cooperative Association’s Women’s Mentoring Program. It was her first time outside of Africa- and an experience she’ll never forget.

Msiska recently spent a week at Envision Financial, B.C.'s third largest credit union, learning about the credit union system in Canada. During her visit, Msiska had a chance to take notes on many of the organization’s award-winning business practices.

“It was a great privilege to have Itai with us,” says Barry Delaney, Envision’s Senior Vice-President, Strategy and Governance. “We’re pleased to be able to share our expertise and knowledge with her and help support the cooperative movement abroad-especially in a developing country like Malawi.”

A year ago, Delaney actually visited Malawi and had an opportunity to see credit unions like Msiska’s first-hand.

“A medium-sized credit union in Malawi has 1000 members and three paid staff,” he explains. “A manger/loans officer, a teller/bookkeeper and a paid guard.”

Msiska’s credit union started 10 years ago and currently has 1,236 members and assets of $160,833 USD. All its members are teachers, the lowest-paid civil servants in Malawi, and because of her credit union’s small size, Msiska must juggle many roles as manager.

“Because my organization only has two or three departments, I have a lot of responsibilities,” she says. “I’m responsible for hiring, training, salaries, financial reporting, I.T. and more.”

Then there are her responsibilities at home. Msiska has two children, ages three and five, and says it’s only because she has an understanding husband that she is able to work as much as she does.

At Envision, Msiska noticed that employees are constantly being trained to fill other positions as part of the company’s succession planning. The organization also provides comprehensive benefits and support for employees facing challenges in their personal lives.

“It’s hard to find people to work at the credit union in Malawi,” says Msiska. “It’s frustrating when you take a lot of time and resources to train people and they leave. At Envision, I’ve been learning about ways to reduce turnover and I’ll be sharing these ideas with my board of directors. From what I’ve seen and read, Envision seems like the right place for an employee to be.”

Another area of interest for Msiska was Envision’s ongoing inter-provincial partnership with First Calgary Savings, an initiative officially known as the Pathways Project. The idea is that both organizations generate improved financial performance by working together on common projects such as the banking system.

“It’s an interesting idea,” says Msiska. “We don’t work on these types of partnerships in Malawi. Each credit union has its own policies and procedures. Every one is different. But I can see that this kind of partnership could be very useful to us and help us control expenses.”

Msiska also picked up some much-needed advice on technology during her visit.

“We only have one working computer,” says Msiska. “I have to prepare my financial reports using a calculator and the credit union has grown so big it’s hard to handle everything. It takes so much more time because we’re not fully computerized.”

Other areas of interest for Msiska included Envision’s lending policies and its commitment to community investment.

Following her time at Envision, Msiska flew to Ottawa to complete the classroom component of the Women’s Mentoring Program. Joining her were 17 women from seven third world countries, including Ghana, Kenya, the Philippines, and Nepal, who are all leaders in their local credit unions.

“I’m so grateful for what I’ve learned at Envision,” Msiska says. “I had a vision for my credit union when I arrived, but the moment I came here, my vision changed. Maybe one day my credit union will be like this one. I believe it has the potential, especially if we can expand to include other kinds of members with different careers. When I go back, I want to implement what I’ve learned and share that knowledge.”

Envision Financial, home of the Redfrog mortgage, is B.C.’s third largest credit union with 18 locations throughout the province. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and 80,000 members. The credit union includes four subsidiaries: Envision Insurance Services, Envision Investment Services, Envision Leasing and CU DealerLink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada.

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October 25, 2005
Envision Financial and Bulkley Valley Credit Union embark on joint venture to boost financial strength

Langley, B.C. — On January 1, 2006, Envision Insurance Services Ltd., a wholly owned subsidiary of Envision Financial, and Bulkley Valley Financial Services, a wholly owned subsidiary of Bulkley Valley Credit Union (BVCU), will enter into joint ownership of R.W. Calderwood Insurance in Smithers, B.C.

“The partnership reflects a spirit of cooperation,” says Gord Huston, President and CEO of Envision Financial. “The sharing of expertise in insurance, management, and the Smithers area enhances the strength of both organizations.”

Currently, Envision Insurance Services, Ltd. owns and manages the Smithers insurance operation under the R.W. Calderwood name. The new venture, which will operate under the Bulkley Valley name, aims to create a stronger insurance office that will continue to meet the needs of its clients.

“Bulkley Valley Credit Union and R.W. Calderwood have a rich history of service and community involvement in the Smithers area,” says Dave Stene, CEO of Bulkley Valley Credit Union. “Our credit union has been in Smithers for 64 years, and R.W. Calderwood has been providing insurance in the area for 66 years. Creating a partnership between two locally-minded organizations reinforces our commitment to our members and to our community.”

Bulkley Valley Credit Union is proud to serve 13,200 members from Burns Lake to the Hazeltons along Highway 16 in northwest B.C. The credit union is a full-service financial institution that uses technologies such as MemberDirect Internet banking and MemberLink Telephone banking to enhance member accessibility. BVCU has 73 employees who provide the high level of personal service that its members have come to expect. Bulkley Valley Credit Union recently established an Economic Development Committee that has, in its first year of operation, contributed over $48,000 to assist local business ventures with various start-up costs.

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October 21, 2005
Bob Blumer cooks up success at Sunwood Square

Coquitlam, B.C. — Last Saturday marked the grand opening of Envision Financial’s newest branch at Sunwood Square in Coquitlam. Over 260 people came to watch Food Network TV personality Bob Blumer, The Surreal Gourmet, cook up a storm. Bob kept the crowd entertained with his mouth-watering cooking ideas, wonderful sense of humour and trademark hair.

In addition to hosting the cooking demonstration by Bob Blumer, Envision Financial gave away a $3,000 travel voucher. Ten people were called up on stage to see who could crack the code and break open the contest safe. John Klecker from Port Coquitlam was the lucky winner!

"We are excited to open our doors in the Tri-Cities and look forward to building meaningful relationships within the community," says Envision Financial President and CEO, Gord Huston.

"At Envision, we are committed to making a difference in the communities we serve," says Sunwood Square Branch Manager, Julie Clitheroe. "We are proud to be the title sponsor of the Envision Financial Light the Lake, which supports both Douglas College and Eagle Ridge Hospital."

The Sunwood Square Community Branch is Envision Financial’s first branch to be located in the Lower Mainland. The 100% green power building is located at 3025 Lougheed Hwy. The branch was designed by a Feng Shui consultant.

Envision Financial, home of the Redfrog mortgage, is B.C.’s third largest credit union with 18 locations throughout the province. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Envision Insurance Services, Envision Investment Services, Envision Leasing and CU DealerLink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada.

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October 11, 2005
Envision Financial executive named to the Board of Directors of The Ethical Funds Company

Langley, B.C. — Bev Brown, Senior Vice-President, Sales, Marketing and Support Services, at Envision Financial has been named to the Board of Directors of The Ethical Funds Company. The Ethical Funds Company is the largest and longest established socially responsible mutual fund company in Canada.

The recipient of an MBA from Dalhousie University, Brown is a Fellow of the Institute of Canadian Bankers (Business Administration). She is also a graduate of the Leadership Vancouver Class of 1999 and the Stanford Executive Program, specializing in Strategy.

Brown has held several senior and executive management positions in the financial services industry. In the past 17 years, she has worked with chartered banks and in an executive capacity with Envision Financial, where she oversees Envision’s 18 branch network, Marketing and Communications, Central Operations, Business Services, Envision Insurance Services Ltd. and Envision Investment Services Ltd.

Brown is currently Vice-President for the Langley School Board Foundation, whose mission is to make learning unforgettable for every student in Langley. Brown is a past Director for Pacific Riding for the Disabled and a former Rotarian.

Launched in 1992, The Ethical Funds Company is Canada’s leading manager of socially responsible mutual funds. In addition to evaluating all investments according to their financial, social and environmental performance and outlook, The Ethical Funds Company promotes corporate accountability—making good companies better—and gives investors a voice in encouraging sustainable business practices.

Envision Financial, home of the Redfrog mortgage, is B.C.’s third largest credit union with 18 locations throughout the province. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Envision Insurance Services, Envision Investment Services, Envision Leasing and CU DealerLink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada.

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September 20, 2005
Reduce Lower Mainland smog by driving efficiently, says Envision Financial

Langley, BC — Believe it or not, the air quality in the Lower Mainland is better than it was 20 years ago for most air contaminants. However, according to the Greater Vancouver Regional District (GVRD), emissions from motor vehicles remain the largest single source of air contaminants in the Lower Fraser Valley.

Committed to environmentally sound practices, Envision Financial believes every individual can help protect the environment and help reduce the smog levels in Southwestern British Columbia.

“Whether it’s changing one’s driving habits, purchasing an environmentally friendly vehicle or using alternative forms of transportation,” says Gord Huston, President and CEO of Envision Financial, “our personal choices can make a difference.”

To encourage people to purchase environmentally friendly vehicles, Envision Financial has introduced a new car loan that rewards its members for going green. Whether it’s a hybrid, fuel cell or natural gas vehicle, Envision Financial offers a preferred loan rate of prime, with both fixed and variable rates, and a maximum 10-year amortization.

“This car loan is a product we offer to encourage our members to make environmentally sound decisions,” adds Huston. “It resonates with our desire to be a socially responsible corporate citizen.”

To help drivers lower their vehicle’s emission levels, save money, and help reduce smog-forming pollutants, Envision Financial offers the following tips from Environment Canada:

Adopt fuel-efficient driving habits. Stop idling. If every driver in Canada avoided idling for 5 minutes a day, it would prevent 1.6 million tonnes of carbon dioxide from being emitted. Avoid abrupt stops and starts. A smoother drive means less gas consumption and fewer emissions.
Use cleaner fuels. Ethanol-blended fuel emits fewer pollutants when burned. Use low-sulphur gasoline; it improves your vehicle’s performance.
Reduce your driving. Combine your errands and plan your route to minimize driving time. Walk, cycle or use public transport more often.
Instead of owning a car, share one. You’ll save on insurance costs, licensing fees and repair costs. And it reduces emissions.
Purchase a fuel-efficient vehicle and avoid vehicles that are more powerful than you need. Sport-utility vehicles, mini-vans and pick-up trucks consume up to 70 per cent more fuel than other passenger vehicles.
Take care of your vehicle. A tune-up can improve your car’s fuel efficiency by 15-50 percent. Ensure your tires are not under or over-inflated. Improper tire maintenance wastes 643 million litres of fuel in Canada every year.
For more tips, visit the Personal Transportation section of the Office of Energy Efficiency at www.oee.nrcan.gc.ca.

Envision Financial, home of the Redfrog mortgage, is B.C.’s third largest credit union with locations throughout the province. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Envision Insurance Services, Envision Investment Services, Envision Leasing and CU DealerLink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada.

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September 13, 2005
Envisioning Christmas festival easy with gift from Envision Financial

Coquitlam, B.C. — Christmas will be much brighter around Lafarge Lake this year thanks to the efforts of Envision Financial, B.C.’s third largest credit union, and the foundations of Douglas College and Eagle Ridge Hospital.

Envision Financial, which has recently opened its first branch in the Lower Mainland at Sunwood Square in Coquitlam, has lent its name to the Light the Lake project—along with a donation of $45,000.

Using LED lights plugged into outlets provided by the City of Coquitlam, the Envision Financial Light the Lake will see 30,000 lights strung on trees and lamp standards on the west side of the lake throughout the month of December. A European-style Christmas market will also help bring Christmas spirit to local residents on Sunday, December 4, from 5 to 8 p.m.

“Envision Financial is thrilled to be part of this exciting new initiative,” says Julie Clitheroe, manager of Envision Financial’s Sunwood Square branch. “We are strong believers in giving back to the communities in which we serve and are very excited to participate in a brand new project in our very first year in the Tri-Cities.”

Ryan McAdams, chair of the event’s campaign committee says plans change almost daily “but the basic idea of lights, excitement and old-fashioned Christmas atmosphere underpins all our efforts. We want to make the lake shine and at the same time raise money for education and healthcare.”

The Christmas festival will promote arts, culture and community spirit and feature gingerbread and mulled cider, carol singers and dance troupes, Christmas crafts and choir. As well, a parade of decorated commercial vehicles and floats will greet visitors to the park.

All proceeds will be shared evenly between Douglas College and Eagle Ridge Hospital.

Local residents Elaine Rickards and Yvonne Mostert head up the festival committee and are looking for people to help plan activities. Anyone interested can call Yvonne at 604-777-6168 or Elaine at 604-931-1231.

Envision Financial, home of the popular Redfrog mortgage, is B.C.’s third largest credit union with locations throughout the province. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Envision Insurance Services, Envision Investment Services, Envision Leasing and CU DealerLink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada.

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August 23, 2005
Envision Financial appoints management team for new Coquitlam branch

Langley, B.C. — Envision Financial, B.C.’s third largest credit union, is pleased to announce that it has selected the branch management team for its new Sunwood Square branch in Coquitlam. Julie Clitheroe has been appointed Branch Manager and Rob Watkins has been named Assistant Branch Manager. The Sunwood Square branch, located at 3025 Lougheed Highway, is the first Envision Financial branch to be located in the Lower Mainland and will be opening its door to the public in mid-September.

Clitheroe has built her career in the credit union system and brings a wealth of financial services experience to Envision’s newest location. During her nine years with Envision, Clitheroe has built strong relationships with many credit union members and business leaders in the communities Envision serves. She also played a key role in the successful launch of Envision’s mortgage broker and car dealership financing programs.

A life-long resident of Coquitlam, Watkins has more than ten years of experience within the credit union system and has spent the past five years at Envision Financial. He moves into the position of Assistant Branch Manager after serving in a number of roles at Envision Financial, including employee development, lending and investing.

“I’m proud that Julie and Rob will be leading a dynamic Envision team in our new Coquitlam location,” says Envision Financial President and CEO Gordon Huston. “People looking for a financial services team with knowledgeable, friendly and down-to-earth staff won’t find anyone better.”

“We are really excited about opening our doors in the Tri-cities region,” says Clitheroe. “The spirit of these communities has the same energy and vibrancy that is part of Envision Financial’s unique culture.”

Envision Financial, home of the popular Redfrog mortgage, is BC’s third largest credit union with locations throughout British Columbia. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Envision Insurance Services, Envision Investment Services, Envision Leasing and CU DealerLink. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada.

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August 9, 2005
Sixteen outstanding students receive Envision Financial Education Award

Langley, B.C. — Envision Financial is proud to announce that 16 B.C. students have been awarded a $2,000 scholarship, known as the Envision Financial Education Award. This year’s winners are Carroll Boydell, Zak Buis, Matthew Chan, Charise Conkin, Brynn Fredricksen, Lauren Inrig, Michelle Jonker, Karen Kellett, Carly Lochbaum, Travis Omand, Andrea Parsons, Emily Payne, Jacqueline Reid, Leah Tse, Sandra Van Kleeck and Jaclyn Wakita.

Sixteen of these scholarships are awarded annually to secondary and post-secondary students throughout British Columbia who are Envision members and have demonstrated outstanding scholastic ability and exceptional community volunteer service.

"I am impressed with the level of involvement these students have in the local community. They embody the credit union philosophy of 'neighbour helping neighbour,'" says Envision Financial President and CEO Gord Huston. "We are delighted to help these Envision members with educational funding and we wish them every success."

Since 1996, the Envision Financial Education Award has helped 155 students by granting over $255,000 in scholarship funding.

Envision Financial, home of the popular Redfrog mortgage, is B.C.’s third largest credit union with 17 branches throughout B.C. Recognized as one of the 50 Best Employers in Canada, Envision has $3.0 billion in assets under administration and a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries—Envision Insurance Services, Envision Investment Services, Envision Leasing and CU DealerLink. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada.

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August 4, 2005
Envision Financial expands insurance services to Thompson Okanagan region

Langley, BC — Envision Financial is pleased to announce the addition of Kelowna-based Don Stobbe Insurance Associates Limited to the Envision Insurance Services family.

“Don Stobbe Insurance is a natural fit for Envision. It has a proud tradition of being locally-minded and is intent on meeting the needs of the people in its community,” says Envision Financial President and CEO Gord Huston. “We’re excited about being part of this vibrant community.”

Don Stobbe Insurance, which offers personal and commercial lines of insurance, is now one of 18 Envision Insurance offices located throughout BC. Because of the insurance office’s standing within the community, Envision will continue to operate the Don Stobbe agency under its current name for the time being.

“We are very pleased to join the Envision Financial team,” says Grant Stobbe, Manager of Don Stobbe Insurance. “This will allow us to be more competitive and to offer a broader range of insurance products to our clients, while continuing to provide the outstanding Stobbe family service that our customers have come to expect.”

“The reputation of this brokerage and its solid financial performance, along with Kelowna’s booming economy, make this acquisition a great enhancement of Envision’s already successful insurance division,” says Steve Boakes, Assistant Vice-President and General Manager, Envision Insurance Services. “We’re eager to begin working through the transition with the highly knowledgeable staff in Kelowna.”

Envision Financial, home of the popular Redfrog mortgage, is BC’s third largest credit union with locations throughout British Columbia. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Envision Insurance Services, Envision Investment Services, Envision Leasing and CU DealerLink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada.

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July 12, 2005
Envision Financial helps Chilliwack children learn to read

Chilliwack, BC — This summer, 14 children will boost their reading skills thanks to Envision Financial’s ongoing partnership with the Chilliwack School District. The school district’s Envision Read 'N Rec program works with children who have been assessed as being at risk with reading. With three weeks of daily instruction, the program’s aim is to prepare the six- and seven-year-old students who are entering Grade Two in September.

“Reading is the key to success in school and in life,” says Michael Audet, Chilliwack School District’s director of instruction. “Through this annual program, we envision each child being a reader.”

This year’s program, which will be held at Central Community School, runs every weekday morning from August 8 to 26. Two hours are dedicated to developing reading skills such as letter recognition, reading fluency and reading comprehension and one hour is devoted to recreational activities. It may also include a field trip to a local Envision Financial branch.

“We are so grateful for Envision Financial’s sponsorship,” says Audet. “Their investment enables us to provide transportation to and from the school, lunch for every child, books of various reading levels, and books for the children to keep.”

A long-time supporter of the Chilliwack community, Envision Financial has contributed $30,000 to the school district for literacy programs. Last year’s Envision Read 'N Rec program helped 18 at-risk children learn to read before beginning Grade One.

“It’s magical when a student learns to read,” says Envision Financial’s President and CEO Gord Huston. “Last year’s program was a great success and we are honoured to help another group of children work towards mastering reading.”

Envision Financial, home of the popular Redfrog mortgage account, is a leading financial services provider with 17 branches throughout BC. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail's Report on Business magazine for the third year running, Envision has over $3.0 billion in assets under administration, nearly 750 staff and more than 80,000 members. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada. In 2004, Envision contributed over $1 million to non-profit organizations through various sponsorships, scholarships and donations.

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June 15, 2005
Envision Financial provides $100,000 donation to the Delta Hospital Foundation’s Capital Campaign

Delta, BC — Last week, Envision Financial donated $100,000 to the Delta Hospital Foundation for its Capital Building Campaign. The funds provided by Envision will help construct the expanded Emergency Department, the Surgical Day Care Centre and other renovated areas of the hospital. Envision has been a long-time donor and supporter of the Delta Hospital Foundation.

“We are honoured to provide the Delta Hospital Foundation with this donation,” says Envision Financial President & CEO Gord Huston. “Delta is one of Envision’s founding communities and we are glad we can give back to the local residents in this way.”

To date, the Delta Hospital Foundation has raised $4.2 million in cash and pledged gifts along and has received $1 million from the Delta Hospital Auxiliary Society and $1 million from the Provincial Government. An additional $1 million is needed to reach the overall goal. To support the Capital Campaign at Delta Hospital, please call (604) 940-3430.

Envision Financial, home of the popular Redfrog mortgage account, is a leading financial services provider with 17 branches throughout BC. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail's Report on Business magazine for the third year running, Envision has over $3.0 billion in assets under administration and a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada, formerly the Canadian Centre of Philanthropy. In 2004, Envision contributed over $1 million to non-profit organizations through various sponsorships, scholarships and donations.

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June 6, 2005
Envision Financial honoured with Award of Recognition by BC School Superintendents’ Association

Langley superintendent Don Truscott and Chilliwack superintendent Jacquie Taylor congratulate Envision Financial's Community Relations Officer, Seline Kutan

Langley, BC — The BC School Superintendents' Association recently presented Envision Financial with an Award of Recognition for the organization’s business-education partnership with the Langley School District. This partnership included Envision’s involvement with the Rec n’ Read program and the WarpDrive Festival.

“We are honoured to be recognized by the BC School Superintendents' Association,” says Envision Financial President & CEO Gord Huston. “Our goal is to be an industry leader in corporate citizenship and to make a difference in our local communities—this award shows that we’re on the right track.”

Rec n’ Reading is an innovative early intervention literary program for children entering the second grade. Over a 16-day period, the students participate in a variety of literacy activities including shared reading, guided reading, reading aloud and interactive reading. Results have been impressive. Research shows that Rec n’ Reading has boosted participants’ reading levels by an average of 48.1% over the last three years.

The WarpDrive Festival was a math and science festival held in October 2004. The festival featured 30 stations with hands-on activities, games and quizzes. More than 500 students from Kindergarten to Grade Seven attended the festival with their parents. Envision sponsored two stations at the festival, contributing $5,000, and sent 10 volunteers to work at the festival. Approximately $35,000 was raised at the event. All money will go towards purchasing new books for Langley’s 35 elementary schools.

Envision Financial is a leading financial services provider with 17 branches throughout B.C. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail's Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration and a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada, formerly the Canadian Centre of Philanthropy. In 2004, Envision contributed over $1 million to non-profit organizations through various sponsorships, scholarships and donations.

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June 2, 2005
Envision Twilight Concert Series to hold logo contest

Langley, BC — The Envision Twilight Concert Series is looking for a logo to represent this fun-filled, family event. Secondary and post-secondary students are encouraged to submit hand-drawn or computer-generated designs reflecting Mission’s Fraser River Heritage Park, themes of community and family, and the musical nature of the concert series.

The winner will receive a $500 education bursary from Envision Financial, and the logo will inspire the official Envision Twilight Concert Series logo, which is slated to be used in 2006. Entries will be accepted until 5 p.m. on Wednesday, August 31, 2005 and can be dropped off at any Envision Financial branch or at the Mission Heritage Association office.

Envision Financial is pleased to be a part of the 15th year of Twilight Concerts. The concert series celebrates a diverse range of musical genres performed by both local and internationally touring artists.

For more details on the contest guidelines, eligibility and logo parameters, please visit http://www.envisionfinancial.ca.

Envision Financial is British Columbia’s third largest credit union with locations throughout the province. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Insurance Services, Investment Services, Leasing Services and CU Dealerlink. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada, formerly the Canadian Centre of Philanthropy.

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May 24, 2005
Redfrog makes a splash in BC

Langley, BC — It’s not everyday that a financial institution creates a product that enables consumers to save thousands of dollars in interest and pay off their mortgage sooner. But Envision Financial, one of Canada’s leading financial cooperatives, has done just that with Redfrog, a new consumer mortgage product, Envision President and CEO Gord Huston announced today.

Redfrog helps homeowners leap out of debt sooner by allowing them to pay off their mortgage on their own terms. With Redfrog, all debt is combined into one account and interest is charged daily, at a low rate of prime. This all-in-one account allows homeowners to manage their mortgage like a line of credit. When homeowners deposit money in their Redfrog account, it instantly reduces the amount owed on their mortgage until they need to draw the money back out. The longer the funds remain in the account, the less interest is paid, allowing members to pay off their mortgage sooner and save thousands of dollars in interest over the lifespan of their mortgage.

“We are very excited about Redfrog,” said Huston. “Redfrog will completely change the way BC homeowners approach banking.”

For more information on Redfrog please visit www.redfrog.ca.

Envision Financial is BC’s third largest credit union with locations throughout British Columbia. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Insurance Services, Investment Services, Leasing Services and CU Dealerlink. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada, formerly the Canadian Centre of Philanthropy.

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May 13, 2005
Envision Financial announces Board of Directors election results

Langley, BC — Envision Financial is pleased to announce the results of its 2005 director elections, as decided by its membership.

The four successful candidates are Alex Copeland, Sally O’Sullivan, Kevin Demers and Shawn Neumann. All four have been re-elected to Envision’s Board of Directors for three-year terms.

“We are very pleased to see these four candidates return to our Board,” says Board Chair, Terry Enns. “They are hard-working individuals who embody Envision’s commitment to its member-owners and local communities.”

Envision Financial is a leading financial services provider with 17 branches throughout B.C. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail's Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration and a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada, formerly the Canadian Centre of Philanthropy.

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April 13, 2005
Excitement (literally) bubbles over as two new foster homes open at Surrey's SOS Children's Village BC

Langley, BC — Two new foster homes officially opened their doors to their new families today at the Surrey-based SOS Children’s Village BC. The homes were welcomed to the community in a playful shower of bubbles that swept across the neighbourhood.

This project, known as the Envision House Project has become a reality through a $180,000 donation to SOS Children’s Village from the Envision Credit Union Charitable Foundation (a non-partisan, charitable organization). The Envision Foundation has also committed to raising an additional $500,000, the remainder of the funds that were necessary to build the two homes. This will be done over a set period of time through individual donations, fundraising events and Envision Financial employee initiatives.

“Today is an incredible day for SOS Children’s Village BC, the Envision Foundation and all the people who have worked so hard to make this happen,” said Envision Financial President and CEO Gord Huston. “But most of all, it’s a wonderful day for the families who will make their homes here. We are proud to be a part of the SOS Children’s Village community and are honoured to make a difference in the communities we serve.”

SOS Children’s Village BC provides homes and family support, enhancing stability for foster children. Each house is staffed by a highly experienced foster parent and, where possible, brothers and sisters are kept together. Growing up in the same home, attending the same school and having the same friends, provides a more stable environment for the kids.

The Envision Credit Union Charitable Foundation was established in 1996 by the Board and Management of Envision Financial. It was created to provide Envision Financial with the opportunity to help create healthy and vibrant communities for its members. As a private foundation, the Envision Foundation’s endowment fund is wholly funded by Envision Financial and earnings from the endowment are dispersed annually to charitable organizations working to enhance the quality of life for residents in the communities Envision Financial serves.

Envision Financial is B.C.’s third largest credit union with 17 branches throughout B.C. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail's Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration and a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries - Insurance Services, Investment Services, Leasing Services and CU Dealerlink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by Imagine Canada, formerly the Canadian Centre of Philanthropy.

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April 8, 2005
Reality one step closer for the innovative Pathways Project

Langley, BC — Envision Financial and First Calgary Savings have taken a significant step towards accomplishing their goal of creating a member-focused financial network by proceeding with plans to license Fincentric Corporation’s Wealthview Banking™ system as their joint, common banking platform.

In December 2004, Envision Financial and First Calgary Savings announced their intentions to move ahead with their unique inter-provincial partnership. This initiative, dubbed the Pathways Project, allows the two credit unions to explore areas where they can integrate to achieve added value for their member-owners. Implementing a joint, common banking platform is a key step in building a strong and relevant financial network that links the credit unions and that spans British Columbia and Alberta.

“Our announcement with Fincentric brings us one step closer to realizing our vision of the Pathways Project,” says First Calgary Savings President and CEO Dave Gregory. “This is a major milestone in our partnership and will lay an important foundation for future joint initiatives.”

“Having a common banking system platform is an essential part of this partnership,” says Envision Financial President and CEO Gord Huston. “Envision has been using Wealthview Banking since 2002 and we’re moving forward with Fincentric because of its good reputation in the Canadian marketplace.”

For more than 20 years, Fincentric has developed core banking solutions that are tailored to the Canadian credit union community. Fincentric’s Wealthview family of integrated products will enable Envision Financial and First Calgary Savings to leverage member knowledge to deliver personalized service and products.

The Pathways Project’s approved business case includes developing a joint strategic plan, continuing the pursuit of merger-enabling legislation, and creating a wholly owned, joint venture technology subsidiary of the two credit unions, that will execute the licensing agreement with Fincentric.

Envision Financial is B.C.’s third largest credit union with 17 branches throughout B.C. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail's Report on Business magazine for the third year running, Envision has over $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Envision Insurance Services, Envision Investment Services, Envision Leasing Services and CU Dealerlink. For its extensive support of the community, Envision Financial is designated a Caring Company by the Canadian Centre for Philanthropy and is a proud member of Canada’s IMAGINE program.

First Calgary Savings has 15 branches located throughout Calgary, 11 one 2 one Financial Consulting centres, Commercial Banking facilities and Dealer Services providing automotive leasing and lending services. First Calgary Savings’ 400 employees serve nearly 100,000 member-owners. With over $1.5 billion in assets under administration and a $2.6 billion book of business, First Calgary Savings has been one of Canada’s 50 Best Managed Companies for five years running.

For more information about the Pathways Project, visit www.gopathwaysproject.com.

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March 23, 2005
Lucky Chilliwack resident wins smart fortwo cabriolet

Langley, BC — Last night, Chilliwack resident, Lynda Gillespie won a brand new car. And not just any car—a Mercedes Benz smart fortwo cabriolet.

Over the course of Envision’s 2005 RSP campaign, the car made appearances in many Envision branches throughout the Lower Mainland. Of the thousands of people who entered the draw, 10 were randomly selected as finalists. Last night, all 10 gathered at Envision Financial’s Administration Centre located in Langley. Each contestant was given a key to a box. The contestant who unlocked a set of keys, was the winner of the car.

“This event was a real success,” says Envision Financial President and CEO Gord Huston. “You could feel the tension mounting as each contestant opened their box.”

Gillespie, who was attending the event on behalf of her husband, Patrick, couldn’t contain her surprise and excitement when she discovered the key.

“As the number of remaining contestants grew smaller, I started to get really nervous,” said Gillespie. “I still find it difficult to believe I won.”

“As the name of the car suggests, Envision is committed to providing member-owners with smart financial solutions,” adds Huston. “This was an excellent conclusion to a great RSP campaign.”

This year’s featured products included a 5-year escalator term deposit with a fifth year rate of 7.8 percent, two of the most popular index-linked term deposits, an 18-month cashable term deposit and a TOP5 term deposit.

Envision Financial is a leading financial services provider with 17 branches throughout B.C. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail's Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration and a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries - Insurance Services, Investment Services, Leasing Services and CU Dealerlink. For its extensive support of the community, Envision Financial is designated a Caring Company by the Canadian Centre for Philanthropy and is a proud member of Canada's IMAGINE program.

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March 16, 2005
Envision Financial reports record earnings, shares $1.6 million with member-owners and community

Langley, BC — Envision Financial, one of Canada’s leading financial cooperatives, concluded its 2004 fiscal year with record earnings, strong balance sheet growth and high member-owner satisfaction ratings.

"Our results are encouraging," says Envision Financial President and CEO Gord Huston. “Our record performance reflects our initiatives to improve efficiency and our concerted efforts to ensure that member-owners are satisfied with their overall experience with Envision.”

Year-end results showed consolidated net income climbed to $15.2 million, up from $9.4 million in 2003. This significant increase in earnings includes a one-time income of $3.0 million resulting from an accounting rule change. Total assets under administration rose to $3.0 billion, up from $2.7 billion in 2003. Membership satisfaction ratings also increased, with 94% of member-owners saying that Envision met or exceeded their needs compared with 90% in 2003.

The record financial performance was driven by continued low interest rates that created strong residential mortgage and consumer loan markets. Envision’s subsidiary operations in insurance, wealth management, and automobile financing also contributed to its all-time high earnings.

“Thanks to the efforts of our employees and the support of our member-owners we set a new standard in community investment in 2004, contributing over $1 million to local organizations,” says Huston. “We continue to make excellent progress in achieving our vision of being an outstanding organization for our employees and our member-owners, as well as being an industry leader in financial performance and corporate citizenship.”

Other 2004 highlights include:

Together, Envision and the Envision Credit Union Charitable Foundation raised more than $560,000 to the Envision House Project for SOS Children’s Village BC.
For the third straight year, Envision was named one of Canada’s 50 Best Employers in a survey conducted by Hewitt Associates and published by the Globe and Mail’s Report on Business Magazine.
The boards of Envision and Alberta-based First Calgary Savings unanimously approved the business case for the Pathways Project, a first-of-its-kind interprovincial partnership.
Envision Leasing Ltd., a wholly-owned subsidiary, was established to provide vehicle leases for new or near-new cars and trucks.
Member-owners received $786,000 in dividends.

Envision’s Annual General Meeting will be held on April 25, 2005 at Newland’s Golf and Country Club in Langley.

Envision Financial is BC’s third largest credit union with 17 branches throughout British Columbia. Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 member-owners. The credit union includes four subsidiaries: Envision Insurance Services, Envision Investment Services, Envision Leasing Services and CU Dealerlink. For its extensive support of the community, Envision Financial is designated a Caring Company by the Canadian Centre for Philanthropy and is a proud member of Canada’s IMAGINE program.

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March 15, 2005
Envision Financial welcomes Jamie Stewart as new Assistant Vice-President, Program Integration

Langley, BC - Envision Financial is pleased to announce the addition of Jamie Stewart as Assistant Vice-President, Program Integration. Stewart will play a key role in applying Envision’s principles of service excellence within a wide range of strategic, operational and departmental projects at the credit union.

Stewart comes to Envision from the consulting practice of Deloitte & Touche, where he was a senior manager in western Canada, specializing in operations improvement and IT management for a wide variety of industries. With extensive experience in project management, software development and strategic planning — including leading major initiatives for the City of Edmonton, Sierra Wireless, Farm Credit Canada and BC’s provincial government — he is well suited to lead the credit union’s diverse portfolio of programs.

“We are pleased to announce that we have added someone of the caliber of Jamie Stewart to the Envision Financial team,” says Envision Financial Chief Operating Officer Tim Wasilieff. “Envision will be well served by his extensive experience and background in the area.”

As well as holding a Masters of Business Administration (MBA) from the University of Toronto, Stewart has a Bachelor’s degree in Physical Education from the University of British Columbia. He puts his athletic acumen to use as the president of the New Westminster Minor Lacrosse Association, and has also coached that city’s Junior 'A' lacrosse team. He has also volunteered as treasurer and board member of Fraserside Community Services Society since 1998.

Envision Financial is BC's third largest credit union with 17 branches throughout B.C. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail's Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration and a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Insurance Services, Investment Services, Leasing Services and CU Dealerlink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by the Canadian Centre for Philanthropy and is a proud member of Canada's IMAGINE program.

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March 11, 2005
Paddling to Literacy project gets boost from Envision Financial

Delta, BC—Literacy is one of the most vital life skills in our society. Helping young people develop the essential tools of reading and writing doesn’t just affect the individuals involved—it also affects the community those students live in. That is why Envision Financial was quick to get behind the Paddling to Literacy project with the Delta Senior Alternate Program.

As part of their curriculum, 16 students in Grades 11 and 12 created works of art out of functional canoe paddles. Several of the cedar paddles, decorated with images of authentic myths and legends — painted in a first nations artistic style — are available for viewing at Envision’s Ladner Community Branch, located at 5155 Ladner Trunk Road, until March 17, 2005.

While the paddles are a tangible display of the student’s knowledge and hard work, they are only one component of the program. The project’s ultimate aim is to help students in the alternate program improve their oral and literacy skills through art, reading, story creation and woodworking as they study the components of myths and legends from around the world.

“Envision has been really supportive of this particular program,” says Paddling for Literacy coordinator Tod Jensen. “Not only through funding the making of the paddles, but also in displaying them in one of their branches.”

According to Jensen, who has been teaching at the alternate program for 17 years, the recognition that comes from displaying their work in the community is a big boost to his students. “The public support of their work is a big pat on the back to them,” he says, noting that the artwork also provides the credit union’s members with a positive example of youth in action.

“We are honoured to display these paddles in one of our branches,” says Envision Financial President and CEO Gord Huston. “This program is a valuable asset to the community of Delta and we are proud to be a part of it.”

Some of the paddles will also be donated to local schools, including Ladner Elementary, which is attended by most of the children from the local Tsawwassen Band of Coast Salish heritage.

Envision Financial is BC’s third largest credit union with locations throughout British Columbia. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Insurance Services, Investment Services, Leasing Services and CU Dealerlink. For its extensive support of the community, Envision Financial is designated a Caring Company by the Canadian Centre for Philanthropy and is a proud member of Canada’s IMAGINE program.

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March 8, 2005
Innovative program raises literacy levels among Langley students

Langley, BC- Six years ago, Fiona Morrison, Primary Coordinator at the Langley School District, had an idea. What would happen if students who were struggling in their reading development at the end of Grade One had a little extra coaching over the summer? Could they become stronger readers by September?

The answer was yes. In fact, the latest research shows that Morrison’s innovative early intervention literacy program, called Rec n’ Reading, has boosted participants’ reading levels by an average of 48.1% over the last three years.

“Rec n’ Reading is a 16-day summer program that gives children the extra reinforcement they need to become confident, independent readers,” says Morrison. “The students participate in a variety of literacy activities including shared reading, guided reading, reading aloud, interactive reading and more. There’s also a daily recreation component.”

Originally designed for students at Aldergrove and Douglas Park elementary schools, the program now runs at 10 schools throughout the District and serves more than 230 children.

“The average reading level for Grade One students in the District (using the PM Benchmark reading standards) is 13.6,” explains Morrison. “At the beginning of the program, the average reading level of Rec n’ Reading participants is 9.26; by the end of the program, it’s 13.69. It’s amazing. In just 16 days, the Rec n’ Reading students are able to catch up to—and in some cases even surpass—the reading level of most of their peers.”

But despite the program’s success, funding it hasn’t always been easy. That’s where Envision Financial comes in.

In 2002, the Langley-based credit union entered into a formal business-education partnership with the Langley School District, agreeing to donate $30,000 over three years toward the project.

“For some children, reading can be a real struggle,” says Envision Financial President and CEO Gord Huston. “This project gives these children the extra attention that they need. We are honoured to be a part of such a worthwhile endeavour.”

“The money from Envision offsets the cost of all the teaching, training and support materials,” says Morrison. “It’s also helped us expand the program. Last year, for example, we were able to pilot an intermediate program aimed at students in Grades 4 and 5. We’ve also been able to add a kindergarten component called "Rhyme Time" and a math component called "Numbers 'til Noon."

“It’s wonderful to see how far these kids advance in their abilities in such a short time,” says Seline Kutan, Community Relations Officer at Envision. “When they go into the next grade, they’re more confident and capable readers. I’m thrilled that Envision is able to be a part of that and give children the foundational skills they’ll need to be successful in life.”

Envision Financial is BC’s third largest credit union with 17 branches throughout B.C. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Insurance Services, Investment Services, Leasing Services and CU Dealerlink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by the Canadian Centre for Philanthropy and is a proud member of Canada’s IMAGINE program.

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March 7, 2005
Barry Christiansen welcomed as new Branch Manager at Envision Financial’s Young Street Branch

Langley, BC- Envision Financial is pleased to announce that Barry Christiansen will be joining the Envision team as Branch Manager of its Young Street Community Branch, located at 9240 Young Road. Barry will also be assuming the position of Assistant Vice-President and Regional Manager, Upper Fraser Valley.

“We are confident that Barry will be a great asset to the Envision team,” says Envision Financial President and CEO Gord Huston. “He shares our commitment to build life-long relationships by providing exceptional levels of service to our member-owners.”

Barry comes to Envision from TD Canada Trust. He has over 20 years of experience in the financial services industry, including more than 10 years in branch management positions. He has been a resident of the Fraser Valley for the past six years.

“Chilliwack is a fast growing community with a lot of potential and I am looking forward to becoming a part of that,” says Barry. “Our goal at Envision is to support community initiatives and local growth to help make Chilliwack an even better place to live.”

Prior to managing a number of TD Canada Trust branches, including those in Kelowna and Langley, Barry held positions in branch administration, lending, and human resources. He has also earned a Bachelor of Commerce from the University of British Columbia.

In the community, Barry is actively involved in Langley Minor Sports and is currently coaching his 15th minor hockey team. In his spare time, Barry enjoys playing golf and spending time with his three teenage sons.

Envision Financial is BC’s third largest credit union with locations throughout British Columbia. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Insurance Services, Investment Services, Leasing Services and CU Dealerlink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by the Canadian Centre for Philanthropy and is a proud member of Canada’s IMAGINE program.

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February 28, 2005
Ian Vowles named Branch Manager at Envision Financial’s Langley City Branch

Langley, BC—Envision Financial is pleased to announce that Ian Vowles has been named Branch Manager at its Langley City Community Branch, located at 20627 Fraser Highway.

“Although Ian is new to the Langley community, he’s not new to Envision,” says Envision Financial President and CEO Gord Huston. “Over the last 10 years, he’s shown himself to be a strong and capable leader and I feel confident that he’ll do a great job overseeing our Langley City team.”

Vowles began his career with Envision as a Service Representative in 1994 and worked his way up through a variety of positions before becoming a branch manager at Ladner Community Branch. At present, he also serves as Assistant Vice-President and Regional Sales Manager for the Central Fraser Valley.

“I’m excited about working with a new team to create a member experience that’s second to none,” says Vowles, “My focus has always been taking care of members by giving them the products, services and advice they need to reach their financial goals. That’s what drives me.”

Vowles holds a Bachelor of Arts in Political Science from Simon Fraser University and has also earned his Certified Financial Planner (CFP) designation. He has been active in a variety of local community organizations including the Rotary Club, the Delta Hospital Foundation, the Boys and Girls Club and the Delta Hospice Society.

Envision Financial is BC’s third-largest credit union and is a leading financial services provider. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Insurance Services, Investment Services, Leasing Services and CU Dealerlink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by the Canadian Centre for Philanthropy and is a proud member of Canada’s IMAGINE program.

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February 17, 2005
786,000 reasons for doing business with Envision Credit Union

Langley, BC—Envision Credit Union President & CEO Gord Huston announced that the organization has paid its member-owners $786,000 in dividends for the 2004 fiscal year. Class A membership equity shares, class B investment equity shares and RRSP equity shares received a 3.3% dividend. Class C non-equity shares received a 2% dividend.

“We are pleased to give 5% of our profits back to our member-owners,” says Huston. “At Envision, you aren’t just a customer—you are an owner of the organization.”

In 2004, Envision Financial and the Envision Charitable Foundation invested over $1 million in its communities through various sponsorships, scholarships and donations.

“We are committed to building stronger, healthier communities,” says Huston. “The return on investment of these community initiatives is invaluable.”

Additional highlights from 2004 include recognition as one of the 50 Best Employers in Canada and the start of a new partnership with First Calgary Savings.

Envision Financial is BC’s third largest credit union and is a leading financial services provider. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $3.0 billion in assets under administration, a $4.6 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Insurance Services, Investment Services, Leasing Services and CU Dealerlink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by the Canadian Centre for Philanthropy and is a proud member of Canada’s IMAGINE program.

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February 10, 2005
Tracy Yolland named Branch Manager at Envision Financial’s Ladner Branch

Delta, British Columbia—Envision Financial is pleased to announce that Tracy Yolland has been named Branch Manager at its Ladner Community Branch, located at 5155 Ladner Trunk Road.

“Tracy is well-known for her outstanding commitment to member service,” says Envision Financial President and CEO Gord Huston. “We’re very excited that she’ll be leading our team in Ladner.”

Tracy began her career in financial services 16 years ago and since that time, has held a variety of branch positions—ranging from teller to personal account manager. In 1998, she joined the team at Envision Financial and has spent the last five years serving as Branch Manager at Envision’s Abbotsford Village and Langley City branches.

A longtime resident of the Fraser Valley, Tracy has been active with the Chamber of Commerce and previously served as Director of the Langley Hospital Foundation.

“I’m looking forward to settling into a new community and getting to know many of the member-owners who’ve helped make our organization a success,” she says. “I also want our members to know that when it comes to providing great service and expert advice, our goal is to be second to none. We’re consistently striving to provide the best banking experience out there.”

Envision Financial is BC’s third largest credit union with locations throughout British Columbia. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail’s Report on Business magazine for the third year running, Envision has $2.7 billion in assets under administration, a $4.2 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Insurance Services, Investment Services, Leasing Services and CU Dealerlink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by the Canadian Centre for Philanthropy and is a proud member of Canada’s IMAGINE program.

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January 7, 2005
Envision Financial donates $70,000 to tsunami relief in Sri Lanka

Langley, BC - In response to the devastation left in the wake of the recent tsunami, Envision Financial has pledged $70,000 to support long-term recovery efforts in the region.

“Our communities, members and staff have all been shocked by the tragedy that has hit Southeast Asia,” says Tim Wasilieff, Envision Financial’s Chief Operating Officer. “At Envision, we felt there was a need to assist in the long-term recovery in the region.”

Envision’s $70,000 donation will go to the Canadian Cooperative Association (CCA) and will help the Sri Lankan credit union system provide 1000 temporary shelter units for individuals who have lost their homes, cooking utensils for 25,000 families and support for at least 100 children who have been orphaned. The donation will also assist with the medium to long-term needs in the area, such as rebuilding the 800 thrift and credit co-operatives that were destroyed by the tsunami.

In the days following the tsunami, the Sri Lanka credit union system made an appeal to the Canadian credit union system for help. The Sri Lankan cooperatives have responded to the needs of their country by providing food, water, medicine, temporary shelter and other relief supplies.

“The rebuilding efforts will take years, if not generations,” says Wasilieff. “We believe our contribution to the CCA will provide much needed financing to the Sri Lankan people as they attempt to rebuild their lives.”

For more information on the Canadian Cooperative Association, or to make a donation to help the Sri Lanka credit union system, please go to www.cdfcanada.coop.

Envision Financial is BC's third largest credit union with 17 branches throughout the Lower Mainland, Fraser Valley and Kitimat. Recognized as one of the 50 Best Employers in Canada by the Globe and Mail's Report on Business magazine for the third year running, Envision has $2.7 billion in assets under administration and a $4.2 billion book of business, nearly 750 staff and more than 80,000 members. The credit union includes four subsidiaries: Insurance Services, Investment Services, Leasing Services and CU Dealerlink. Envision has also been recognized by the National Quality Institute. For its extensive support of the community, Envision Financial is designated a Caring Company by the Canadian Centre for Philanthropy and is a proud member of Canada's IMAGINE program.

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January 5, 2005
BC credit union pioneer retires leaving lasting legacy

Envision Financial bid farewell to one of its most recognizable faces last week with the retirement of former president Peter Podovinikoff.

Podovinikoff served as President and Chief Executive Officer (CEO) of Delta Credit Union for 15 years before the organization merged with First Heritage Savings Credit Union to form Envision Financial on January 1, 2001. Podovinikoff served as President in the new organization until May of last year, when he became Special Advisor to the Board. In appreciation and recognition of his service, Podovinikoff was honoured by Envision Financial’s Board of Directors and named President Emeritus.

“Peter was a key leader in not only facilitating the merger, but in guiding the establishment of new processes following it,” says Envision Board Chair Terry Enns. “Over the last few years, Peter has worked tirelessly on numerous merger-related projects. He was also instrumental in the establishment of the Envision Charitable Foundation in 1996.”

Trained as a Certified General Accountant, Podovinikoff began his career in 1955 and has held a variety of management positions since that time. He started his career with Sunshine Valley Co-Op Society, and in 1965, became General Manager of Grand Forks District Savings Credit Union.

Podovinikoff was elected as a director of the British Columbia Credit Union League in 1967, and was instrumental in bringing together the Canadian Cooperative Credit Society and the National Association of Credit Unions.

In 1975, Podovinikoff moved to the Lower Mainland to become General Manager of Delta Credit Union. Two years later, he began overseeing all the credit unions in British Columbia as Chief Executive Officer of B.C. Central Credit Union—a position he held until 1984. During his tenure, Podovinikoff was involved in numerous strategic projects and discussions that would ultimately shape the current credit union system.

In 1985, Podovinikoff returned to Delta Credit Union and under his leadership, the organization experienced significant growth—opening six new branches, a new corporate centre and a new subsidiary, Delcu Insurance Services Ltd.

However, Podovinikoff is perhaps best known for his dedication to cooperative principles.

“Throughout his career, Peter has been an active proponent of corporate social responsibility,” says Envision CEO Gord Huston. “To be sure, Envision would be a very different company if not for Peter. He has challenged all of us to go beyond business as usual and find new and innovative ways to care for the community around us.”

“Corporate social responsibility has become a bit of a buzzword in our industry,” says Enns. “But giving back to the community has been more than a buzzword for Peter Podovinikoff; it’s a way of life.”

Podovinikoff was involved in numerous charitable causes, and sought out countless opportunities to give to others, both locally and abroad. He was a member of numerous delegations from British Columbia to the World Council of Credit Unions to carry out short-term projects in Latin America, Africa and Asia, and has provided leadership to a variety of community organizations.

In 1999, Podovinikoff was inducted into the Credit Union Hall of Fame and in 2003, was presented with the Queen’s Jubilee Commemorative Medal for his outstanding record of public service.

“There has been a remarkable focus to Peter’s career,” says Enns. “Or what we might call a long obedience in the same direction.’ He will be missed.”

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December 23, 2005B.C. employees agree that Envision Financial is one of the 50 best employers in Canada

December 19, 2005Envision Financial announces $350K in new scholarships for UCFV student-athletes

December 13, 2005UCFV and Envision Financial enhance long-term partnership: Student residences and new athletic centre on deck

November 1, 2005Experience of a lifetime: Delegate from Africa visits local credit union as part of mentoring program

October 25, 2005Envision Financial and Bulkley Valley Credit Union embark on joint venture to boost financial strength

October 21, 2005Bob Blumer cooks up success at Sunwood Square

October 11, 2005 Envision Financial executive named to the Board of Directors of The Ethical Funds Company

September 20, 2005 Reduce Lower Mainland smog by driving efficiently, says Envision Financial

September 13, 2005Envisioning Christmas festival easy with gift from Envision Financial

August 23, 2005Envision Financial appoints management team for new Coquitlam branch

August 9, 2005Sixteen outstanding students receive Envision Financial Education Award

August 4, 2005Envision Financial expands insurance services to Thompson Okanagan region

July 12, 2005 Envision Financial helps Chilliwack children learn to read

June 15, 2005Envision Financial provides $100,000 donation to the Delta Hospital Foundation’s Capital Campaign

June 6, 2005Envision Financial honoured with Award of Recognition by BC School Superintendents’ Association

June 2, 2005Envision Twilight Concert Series to hold logo contest

May 24, 2005Redfrog makes a splash in BC

May 13, 2005Envision Financial announces Board of Directors election results

April 13, 2005Excitement (literally) bubbles over as two new foster homes open at Surrey's SOS Children's Village BC

April 8, 2005Reality one step closer for the innovative Pathways Project

March 23, 2005Lucky Chilliwack resident wins smart fortwo cabriolet

March 16, 2005Envision Financial reports record earnings, shares $1.6 million with member-owners and community

March 15, 2005Envision Financial welcomes Jamie Stewart as new Assistant Vice-President, Program Integration

March 11, 2005Paddling to Literacy project gets boost from Envision Financial

March 8, 2005Innovative program raises literacy levels among Langley students

March 7, 2005Barry Christiansen welcomed as new Branch Manager at Envision Financial’s Young Street Branch

February 28, 2005Ian Vowles named Branch Manager at Envision Financial’s Langley City Branch

February 17, 2005786,000 reasons for doing business with Envision Credit Union

February 10, 2005Tracy Yolland named Branch Manager at Envision Financial’s Ladner Branch

January 7, 2005Envision Financial donates $70,000 to tsunami relief in Sri Lanka

January 5, 2005BC credit union pioneer retires leaving lasting legacy

December 23, 2005
B.C. employees agree that Envision Financial is one of the 50 best employers in Canada

December 19, 2005
Envision Financial announces $350K in new scholarships for UCFV student-athletes

December 13, 2005
UCFV and Envision Financial enhance long-term partnership: Student residences and new athletic centre on deck

November 1, 2005
Experience of a lifetime: Delegate from Africa visits local credit union as part of mentoring program

October 25, 2005
Envision Financial and Bulkley Valley Credit Union embark on joint venture to boost financial strength

October 21, 2005
Bob Blumer cooks up success at Sunwood Square

October 11, 2005
Envision Financial executive named to the Board of Directors of The Ethical Funds Company

September 20, 2005
Reduce Lower Mainland smog by driving efficiently, says Envision Financial

September 13, 2005
Envisioning Christmas festival easy with gift from Envision Financial

August 23, 2005
Envision Financial appoints management team for new Coquitlam branch

August 9, 2005
Sixteen outstanding students receive Envision Financial Education Award

August 4, 2005
Envision Financial expands insurance services to Thompson Okanagan region

July 12, 2005
Envision Financial helps Chilliwack children learn to read

June 15, 2005
Envision Financial provides $100,000 donation to the Delta Hospital Foundation’s Capital Campaign

June 6, 2005
Envision Financial honoured with Award of Recognition by BC School Superintendents’ Association

June 2, 2005
Envision Twilight Concert Series to hold logo contest

May 24, 2005
Redfrog makes a splash in BC

May 13, 2005
Envision Financial announces Board of Directors election results

April 13, 2005
Excitement (literally) bubbles over as two new foster homes open at Surrey's SOS Children's Village BC

April 8, 2005
Reality one step closer for the innovative Pathways Project

March 23, 2005
Lucky Chilliwack resident wins smart fortwo cabriolet

March 16, 2005
Envision Financial reports record earnings, shares $1.6 million with member-owners and community

March 15, 2005
Envision Financial welcomes Jamie Stewart as new Assistant Vice-President, Program Integration

March 11, 2005
Paddling to Literacy project gets boost from Envision Financial

March 8, 2005
Innovative program raises literacy levels among Langley students

March 7, 2005
Barry Christiansen welcomed as new Branch Manager at Envision Financial’s Young Street Branch

February 28, 2005
Ian Vowles named Branch Manager at Envision Financial’s Langley City Branch

February 17, 2005
786,000 reasons for doing business with Envision Credit Union

February 10, 2005
Tracy Yolland named Branch Manager at Envision Financial’s Ladner Branch

January 7, 2005
Envision Financial donates $70,000 to tsunami relief in Sri Lanka

January 5, 2005
BC credit union pioneer retires leaving lasting legacy