VANCOUVER, BC (March 2, 2012) – The Global Alliance for Banking on Values (GABV), an independent network of the world’s leading values-based banks today welcomed Winnipeg, Canada-based Assiniboine Credit Union as the 15th member of the sustainable banking organization, which has members from Europe, Asia, and South and North America.
The addition comes on the eve of the GABV’s annual conference in Vancouver (March 8-10), which will be hosted by Vancouver-based GABV member Vancity Credit Union, Canada’s largest community credit union.
Assiniboine Credit Union is the largest credit union by membership in Manitoba, and eighth largest by assets in Canada with 25 branches, 110,000 members, 550 employees and over $3.1 billion CAD in assets. Assiniboine has built an outstanding reputation, loyal membership and solid financial track record based on its commitment to delivering services for the benefit of members and their communities and doing business in a way that is financially sound and socially, environmentally and ethically responsible.
“We’re delighted to welcome Assiniboine Credit Union to the Global Alliance for Banking on Values,” said Peter Blom, GABV Chair and CEO of European sustainable bank, Triodos Bank. “Their growth and achievements are clear indications of the growing public desire for banks that are deeply rooted and involved in the communities they serve. We look forward to officially welcoming them at our worldwide conference in Vancouver next week.”
For CEO Al Morin, joining GABV will provide Assiniboine with an excellent opportunity to contribute to the growth of the worldwide sustainable banking movement.
“Like other Global Alliance for Banking on Values members we stretch to provide access to financial services for people and communities not well served by the mainstream. That includes financing for community projects and business start ups delivering social, environmental and economic value to our communities. We know that financing can be the bridge between someone who wants to do something and something actually happening. If we make the right connections, good things happen on several levels. That’s the lever that members of Global Alliance for Banking on Values have and use regularly. We firmly believe that it is the only sustainable way to deliver financial services now and into the future,” Morin said.