Island Savings

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www.islandsavings.ca/

Location

Headquarters: Duncan, British Columbia, Canada, North America

Region: British Columbia

Country: CA

Continent: North America

About

Island Savings is a Canadian member-owned credit union division offering personal and business banking, mortgage and lending options, and investment planning. It operates across British Columbia with a broad network of branches and online banking capabilities, providing personalized financial advice and planning resources for individuals and businesses. The institution emphasizes savings products such as high interest savings, term deposits, and registered plans, along with wealth management and advisory services to help customers grow and protect their money.

Island Savings is a credit union division of First West Credit Union providing personal and business banking, mortgage lending, and wealth management services. It serves members across British Columbia through a network of branches and digital platforms, focusing on savings products and financial planning.

Founded:

1951

Company Type:

for_profit

Operating Status:

active

Industries

Primary Industry: Finance

BankingLending & Brokerage

Funding & Financials

Funding Stage:

Growth Stage

Total Funding:

$107.46M

Revenue:

10m-50m

IPO Status:

private

Leadership

Launi Skinner — Chief Executive Officer

Technology Stack

SSL by DefaultHSTSU.S. Server LocationDNSSECFont AwesomeAmazonreCAPTCHAreCAPTCHA v2MicrosoftRuby on Rails Token

Products

Personal Banking Accounts: Bank accounts for individuals to manage daily finances, including deposits, withdrawals, and payments.

Credit Cards: Payment cards allowing members to make purchases on credit with various card options.

Mortgages: Loans for purchasing or refinancing residential properties with fixed or variable interest rates.

Personal Lending (Loans & Lines of Credit): Loans and credit lines for personal financial needs, including borrowing and credit access.

First Home Savings Account (FHSA): A registered savings account to help first-time homebuyers save with tax advantages.

Personal Investing (Term Deposits/GICs, Registered Plans, Online Investing): Investment products including term deposits, registered savings plans, and online trading platforms.