In the News

Archived In the News 2018 2017 2016

2016 In the News

December

Coast Capital Savings to expand beyond B.C. (Vancouver Sun)

Coast Capital Savings plans to offer its brand of banking services beyond B.C.’s borders in 2018. Nearly 80,000 of Coast Capital’s 540,000 members voted over a six-week period, with 79.2 per cent in favour.

December 19, 2016

November

Business notes: Local Treasures hosting light-up, Santa Claus (Cowichan Valley Citizen)

Coast Capital Savings is, once again, helping to fund youth programs at the Cowichan Therapeutic Riding Association. The $10,000 in funding renews a long-standing community partnership between the two organizations and a joint commitment to enhance the lives of youth in the Cowichan region.

November 30, 2016
Coast Capital Savings’ Kathy McGarrigle honoured (Surrey Leader)

Coast Capital's Chief Operating Officer, Kathy McGarrigle, has been named a winner of the Women's Executive Network (WXN) 2016 Canada's Most Powerful Women: Top 100 Award

November 25, 2016
Surrey lights the way this Saturday (Peace Arch News)

Coast Capital Savings is pleased to once again partner with the City of Surrey to present the Surrey Tree Lighting Festival, a great event that brings the community together to kick off the holiday season.

November 15, 2016
Homma's playground expands for students (Richmond News)

Coast Capital Savings contributes grant to expand the playground at Homma elementary school. The new equipment was installed in June and has been a hit in the neighbourhood ever since.

November 9, 2016

October

Literature week promotes Punjabi writers in B.C., Dhahan Prizes for Punjabi Literature Awarded; new youth prizes announced (The Indo-Canadian Voice)

The Dhahan Prize, with support from Coast Capital Savings, will be offering a Youth Prize for students in Grade 11 and 12 enrolled in Punjabi language classes.

October 30, 2016
Sleep Out Vancouver and Fast and Furious fundraiser to raise awareness for Vancouver’s homeless youth (Georgia Straight)

Coast Capital Savings president and CEO Don Coulter is among local business leaders sleeping outdoors in solidarity with homeless youth and to raise funds for Covenant House, which helps young people who have no home or place to go to.

October 27, 2016
West Coast-based credit union opening 1st branch in Kelowna (Kelowna Daily Courier)

Coast Capital Savings, which has 532,000 members at its 50 branches in the Vancouver area and on Vancouver Island, is opening its first Interior branch in Kelowna Nov. 1.

October 21, 2016
Cops for Cancer fundraiser pedals to a close (Peace Arch News)

Coast Capital Savings' chief marketing officer Lawrie Ferguson, and executives Bruce Schouten, Ian Thomas and Rajeev Shankar shave their heads, raising more than $20,000 for the Cops for Cancer Fundraiser.

October 7, 2016

September

B.C. universities grease the skids for marketable innovation (The Province)

The Coast Capital Savings Innovation Centre on campus has three entrepreneurs in residence and 70 volunteer advisers to help inventors through the early incubation stage of commercialization.

September 30, 2016
Lessons to teach your kids about money (Surrey Leader)

With schools back in session, it's a good time to consider how we can help kids acquire the money smarts needed for life success.

September 28, 2016
Taking leap into university in his stride (Richmond News)

Alon Aminov graduated as valedictorian and received a $2,500 scholarship from Coast Capital for overcoming adversity.

September 22, 2016

August

2016 Eshom wins prestigious bursary at Summer Games (The Northern View)

Brendan Eshom wasn't able to finish atop the podium at the BC Summer Games with his northwest zone soccer team, but the 14-year-old North Coast athlete did bring something extra special back home with him from Abbotsford in July.

August 12, 2016

July

Island zone tops standings at B.C. Games (Saanich News)

A group of 99 Saanich athletes and coaches helped the Vancouver Island-Central Coast, Zone 6, to the top of the 2016 B.C. Summer Games medal standings in Abbotsford with 52 gold, 42 silver and 50 bronze medals (Fraser Valley was second with 120 medals).

July 28, 2016
Watersports winner gets BC summer games bursary (The Chilliwack Progress)

Chilliwack’s Kaden McCann was one of 16 youth leaders recognized with a Coast Capital Savings Leadership Bursary at the Closing Ceremony of the 2016 BC Summer Games in Abbotsford.

July 28, 2016
Kamloops athlete scores bursary at BC summer games (Kamloops This Week)

A Kamloops athlete was one of 16 participants to receive a Coast Capital Savings Leadership Bursary at the 2016 BC Summer Games in Abbotsford, which wrapped up on the weekend.

July 26, 2016
B.C. credit union banks on a fun workplace (The Globe and Mail)

With an ad campaign featuring a grumpy monster that would fit in with the ogres from Where the Wild Things Are, Coast Capital Savings strives to set itself apart from other, perhaps more intimidating financial institutions.

July 25, 2016
Evaluate and re-evaluate – Maintaining direction through growth phases a key to success (Fin. Post)

One of the great challenges for successful businesses is to maintain their core principles through dramatic growth and transformation.

Coast Capital Savings, a member-owned financial credit union headquartered in Surrey, B.C., did it thanks to a commitment to kaizen, the Japanese-rooted philosophy of continuous improvement.

July 20, 2016
Go with a money smart home renovation (The Surrey Leader)

For more than 60 per cent of Canadians, money is the biggest concern when it comes to home renovations, according to a financial institution survey.

July 14, 2016
Youth-focused programs get 430,000 (The Surrey Leader)

More than $430,000 in grants was disbursed in 2015 to 26 Fraser Valley organizations that offer programs that build a richer future for youth.

July 1, 2016

May

Vancouver police launch charity cycling campaign (Peninsula News Review)

The Vancouver Police and Coast Capital Savings on Wednesday introduced the 2016 Cops for Cancer team.

May 25, 2016
Cops for Cancer team ready for Vancouver Island Tour de Rock (Peninsula News Review)

In front of a cheering, jam-packed crowd at Shawnigan Lake School on May 6, 14 Vancouver Island police officers, one radio personality and two guest riders were named to the 2016 Canadian Cancer Society Cops for Cancer Tour de Rock team.

May 14, 2016
Coast Capital Savings supports expansion of entrepreneurship centre (University of Victoria)

Entrepreneurs at UVic will get valuable assistance to develop promising ideas through a relaunch of the Innovation Centre for Entrepreneurs (ICE) supported by $450,000 from Coast Capital Savings Credit Union.

May 11, 2016
UVic, Coast Capital partner venture (Times Columnist)

The University of Victoria’s Innovation Centre for Entrepreneurs has a new lease on life and a new name under a partnership with Coast Capital Savings Credit Union announced Tuesday.

May 11, 2016
Youth Get It Spotlight: Meet Emily Goncalves (Vancity Buzz)

We had the opportunity to chat with Emily Goncalves, an ambitious student who’s working hard to finish 60 credits so she can apply to finish her degree in social work. She thanks the Youth Futures Education Fund for her ability to pursue her education and dreams.

May 6, 2016
Youth Get It investment program assists Ben Britton, CEO of Ionomr (Vancity Buzz)

We had the opportunity to chat with Ben Britton, who has benefited directly from Coast Capital’s contribution to programs focusing on educational success. As CEO of Ionomr, winners of the 2016 Coast Capital Savings Venture Prize that recognizes entrepreneurial excellence at SFU.

May 5, 2016
Youth Get It Spotlight: Meet Pamela Smith (Vancity Buzz)

Today, meet 24-year-old Pamela Smith, a BBA in printmaking from Emily Carr University of Art and Design. She recently completed the Tradeworks Women in the Trades at Tradeworks Training Society, a program supported by Coast Capital Savings.

May 4, 2016
Coast Capital Savings inspires with its Youth Get It investment program (Vancity Buzz)

Vancity Buzz had the opportunity to sit down with Bal Khatra, a member of the Coast Capital’s Young Leaders Community Council who is an employee with the credit union’s corporate university, Coast U.

May 3, 2016
Youth Get It investment program: Coast Capital Savings celebrates B.C.'s outstanding youth (Vancity Buzz)

Enter Amanda Welschlau, the Manager of Sponsorships and Events at Coast Capital Savings. Her work for the company began at Coast Capital as a member, then leader, of the Coast Capital Youth Team, one of the credit union’s signature Youth Get It programs.

May 2, 2016

March

Coast Capital posts slimmer 2015 net income (Vancouver Sun)

While the financial institution saw its deposits, loan balance and assets under administration all rise in 2015, its operating expenses increased by 9.2 per cent as it made some “strategic investments” in 2015, said CEO Don Coulter.

March 31, 2016
Coast Capital Releases Impressive Financial Results (Douglas Magazine)

Canada’s largest credit union by membership, Coast Capital Savings, closed a year that marked its 75th anniversary with continuous advancement in helping improve the financial well-being of Canadians, attracting 20,000 new members, investing $5 million in supporting community programs focused on building a richer future for youth, and achieving strong balance sheet growth.

March 30, 2016
What a Truly Productive Open Office Looks Like (Profit Guide)

Every employee at Coast Capital Savings' new Help Headquarters in Surrey, B.C. sits at a regular workstation—including CEO Don Coulter. Why it works.

March 29, 2016
How to keep cyber crooks at bay (The Surrey Leader)

Throughout March, there have been various activities aimed at educating the public on economic crimes as part of Fraud Prevention Month. The goal is to reduce the over $10 million that Canadians lost to identity thieves in 2015, based on data from the Canadian Anti-Fraud Centre.

Coast Capital Savings COO, Kathy McGarrigle is a monthly contributor to The Surrey Leader with her Money Matters column.

March 24, 2016
Nanaimo charities benefit from credit union grant (Nanaimo News Bulletin)

A new Nanaimo John Howard Society mentorship program and Nanaimo Unique Kids Organization summer camp received part of $352,000 in grant money from Coast Capital Savings.

Coast Capital Savings doled out the money to 29 organizations on Vancouver Island in 2015, through its Young Leaders Community Council initiative – the organization and society received $10,000 and $24,600 respectively.

March 22, 2016
Saanich youth projects earn $32,000 in grants (Saanich News)

A pair of Saanich-based youth initiatives have earned grants from the Coast Capital Savings Young Leaders Community Councils’ community grant program.

March 18, 2016
Shaya Jeffrery awarded bursary at BC Winter Games (Alaska Highway News)

The teenage figure skater from Fort St. John was honoured at the BC Games in Penticton last month for her outstanding contribution beyond performance in her sport, one of just 16 athletes given a leadership bursary from over 100 applicants at the games.

March 11, 2016
Wheelchair b-ball star a Winter Games winner (Chilliwack Progress)

Chilliwack’s Ben Hagkull was among 16 BC Winter Games athletes presented with a $500 Coast Capital Savings Leadership Bursary at last weekend’s 2016 BC Winter Games in Penticton.

March 3, 2016
Kimberley's Molly Miller receives W.R. Bennett Award for Athletic Excellence (The Bulletin)

Kimberley’s Molly Miller brought home two gold medals from the BC Winter Games. She also brought home a prestigious award, the W.R. Bennett Award for Athletic Excellence.

March 1, 2016