Top Employer: Vancouver City Savings Credit Union

Recognized as one of Canada's Top 100 Employers (2025), Canada's Top Family-Friendly Employers (2025), Top Employers for Canadians Over 40 (2025) and BC's Top Employers (2025):

By Richard Yerema and Kristina Leung, Mediacorp Canada Inc. staff editors (Nov 14, 2024)

Here are some of the reasons why Vancouver City Savings Credit Union was selected as one of Canada's Top 100 Employers (2025), Canada's Top Family-Friendly Employers (2025), Top Employers for Canadians Over 40 (2025) and BC's Top Employers (2025):

Vancity helps employees plan securely for the future with generous contributions to a defined benefit pension plan and health benefits that extend to retirees (with 100 per cent premium coverage and no age limit)
Vancity demonstrates its important role in the community every year through its Shared Success Program, allocating 30 per cent of its net profits to members and community programs every year -- over $440 million has been allocated since 1994
Vancity is an industry leader in providing maternity and parental leave top-ups for new moms (to 85 per cent of salary for 76 weeks), as well as extended parental leave for new dads and adoptive parents (to 85 per cent of salary for 61 weeks) -- and all employees can apply to extend their leave into an unpaid leave of absence
Vancity supports ongoing employee development through in-house and online training options, along with generous tuition subsidies of up to $2,400 annually for courses related to their current position

Employees meet at Vancity's Vancouver head office

Employer Background

Industry	Credit unions
Established in Canada	1946
Major Canadian locations	Toronto ON, Coquitlam BC, Surrey BC, Burnaby BC, Vancouver BC, Victoria BC
Full-time employees in Canada	2,490
Part-time employees in Canada	216
Workforce engaged on a contract basis	1.29%
Average age of employees in Canada	42 years
Longest serving employee	47 years

Work Environment Rating: B+

Work Atmosphere & Communications Rating: B

Financial Benefits & Compensation Rating: A

Outside salary surveys	participates in outside salary surveys every 12 months
Employee salary reviews	individual salaries are reviewed every 12 months
Long-term savings	defined-benefit (DB) pension, non-matching RSP
Long-term planning	retirement planning assistance
Signing bonuses	available for some positions
Additional financial benefits	profit-sharing plan available to some employees, discounted home insurance, low-interest home loans, no fee banking (two accounts), free e-transfer service, employee cycling incentive, computer purchase loans

Health & Family-Friendly Benefits Rating: A+

Flexible coverage	health plan is flexible with adjustable premiums and coverage levels
Minimum hours worked for coverage	18 hours per week
Waiting period	there is no waiting period for coverage
Family coverage option	yes
Retiree coverage with no age limit	yes
Eyecare	$435 every 2 years
Paid sick days	employees receive 12 days off each year
Health plan includes	traditional coverage (e.g. prescription drugs), employee assistance (EAP) plan, semi-private hospital room, physiotherapy, medical travel insurance, homecare, medical equipment and supplies, massage therapy, nutrition planning, podiatrist, osteopathy, chiropractor, alternative coverage (e.g. acupuncture, naturopathy), virtual healthcare services
Mental health practitioner benefit	up to $10,000 each year
Additional health plan information	formal well-being account can be used for a wide range of expenses supporting mental, physical and financial well-being, wide range of additional coverages, including homeopathic coverage, gender affirmation coverages, home wheelchair ramps, and much more
Additional health and wellness initiatives	formal Mental Health Employee Resource Group (provides advocacy and awareness of mental health issues and helps in the development of initiatives and policies)
Maternity top-up (mothers)	up to 85% of salary for 15 weeks
Parental top-up (mothers)	up to 85% of salary for 61 weeks
Parental top-up (fathers)	up to 85% of salary for 61 weeks
Adoption top-up	up to 85% of salary for 61 weeks
Additional family-friendly benefits	extended parental leave to unpaid leave
Additional family-friendly information	employees can take up to 2 consecutive days off for family-related emergencies, including unexpected child care and elder care

Vacation & Personal Time-Off Rating: B+

Vacation note	Vancity has multiple employee groups, vacation policies may vary by position
Vacation allowance	new employees receive 3 weeks of paid vacation after their first year on the job
Vacation jump	vacation increases after 4 years of employment
Maximum vacation allowance	employees move to a maximum of 6 weeks of vacation over their career
Unpaid leave maximum	24 months
Additional time-off information	vacation increases after 4 years on the job, moving to a maximum of 5 to 6 weeks (depending on the position), after a decade on the job, some positions start with 4 weeks of paid vacation

Employee Engagement & Performance Rating: B+

Employee performance reviews	employees receive individual performance reviews every 12 months
Managers receive performance review training	yes
Confidential employee feedback	employees can also provide confidential feedback on their manager's performance
Exit interview	exit interview option is available for departing employees
Performance recognition	individual performance bonuses
In-house survey period	in-house surveys are conducted every 3 months

Training & Skills Development Rating: A

Community Involvement Rating: A

Scope of charitable involvement	local, national, international
Employee charitable involvement	employees are involved in selection of charities
Total number of charities supported last year	approximately 195 charitable and community organizations were supported last year
Some of the community organizations supported	Catalyst Community Developments Society, South Island Prosperity Partnership, and numerous charities, co-operatives, and other organizations received Vancity grants last year
Community highlight	Vancity established the Vancity Community Foundation in 1989 with a $1-million endowment and a mandate to "enrich the community while building on the values of the credit union." Through this and numerous community partnerships, Vancity supports initiatives addressing financial inclusion, reduced carbon emissions, reconciliation, racial equity and social justice -- Vancity allocates 30 per cent of its net profits to the Shared Success Program annual (allocating $440 million to members and communities through the program since 1994)

The Career Directory

Vancouver City Savings Credit Union has been selected for The Career Directory, our guide to entry-level recruitment for recent college and university graduates.

Highlights for New Grads

Industry	Credit unions
Full-time employees in Canada	2,501 to 5,000
Major Canadian locations	Toronto ON, Coquitlam BC, Surrey BC, Burnaby BC, Vancouver BC, Victoria BC
Student opportunities	paid internships, summer jobs, co-op opportunities
Training	subsidies for professional accreditation, orientation program, online training, in-house training, in-house career planning services
Annual tuition maximum	employer pays up to $2,400 in tuition subsidies for job-related courses per year
Typical new grad positions	Data Analyst, QA Analyst, Financial Services Representative, Member Experience Officer
Work benefits	flexible work hours, telecommuting, transit subsidies
Vacation allowance	new employees receive 3 weeks of paid vacation after their first year on the job

Academic fields recruited

Bachelor of Commerce / Business Administration
- Accounting
- Finance
- Information Systems
- Marketing
Bachelor of Science
- Computer Science
Community College Diploma
- Accounting
- Business
- Computer Science
- Financial Planning
- Human Resources
- Information Technology
- Marketing / Sales
- Purchasing / Logistics
Professional Accreditation
- Accounting (CA)
- Accounting (CGA)
- Accounting (CMA)

Commuter amenities	walk to public transit, transit subsidies, free parking, electric vehicle charging stations, secure/sheltered bicycle parking, nearby bike sharing station
Onsite workplace features	telecommuter workstations, sit-stand workstations, private phone booth, nap room, religious observance room, outdoor patio, outdoor barbecue
Employee lounge amenities	comfortable seating, television, rooftop lounge, games room, multi-purpose room for fitness and group classes, multiple break and lunch areas throughout the building

Past social events	individual departments host celebrations throughout the year (such as summer baseball games, potluck parties, pizza parties, lunch at local restaurants, and various team building events), company-wide cultural celebrations, from Black History Month, Pride Month, National Indigenous Peoples Day, Lunar New Year, and more
Cultural aspects	business-casual dress daily, music while working, can bring pets to work when needed, concierge services available
Employee communications	intranet site, company newsletter, internal social media

Career planning	in-house career planning services, online employee skills inventory
In-house training initiatives	in-house training, online training, leadership development programs, paid internships, subsidies for professional accreditation
Related tuition subsidies	employer covers up to 100% of tuition per year
Annual tuition maximum	employer pays up to $2,400 in tuition subsidies for job-related courses per year

Vancouver City Savings Credit Union

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