Coast Capital contributes $10,000 to Canadian Red Cross flood relief

Surrey, B.C.: Coast Capital Savings has donated $10,000 to help with relief efforts in Ontario, New Brunswick and Quebec following recent flooding in the three provinces.

The contribution, channeled through the Canadian Red Cross, will support the organization’s work on the ground to assist local residents. This includes family reunification, information services, meeting emotional wellbeing needs, as well as providing financial assistance, lodging, bedding, food and first aid.

“Coast Capital Savings is committed to the financial wellbeing of Canadians and we recognize the significant financial impacts on those in the flood areas, not to mention the disruption to every aspect of their lives,” said Maureen Young, Director, Community Leadership, at Coast Capital Savings. “Before those affected can begin to address all the financial challenges, it’s important to meet their immediate, critical needs and Coast Capital’s donation to the Red Cross will help with this.”

Coast Capital Savings is also encouraging its members to make a donation by visiting the Canadian Red Cross website or by phoning 1-800-418-1111. Members have the option of redeeming the bonus dollars on their Coast Capital Savings Visa Desjardins credit card and transferring these funds to the Canadian Red Cross as a financial donation.

The spring floods in Ontario, New Brunswick and Quebec, caused by winter thaw and steady rains, resulted in thousands of flooded homes and evacuations. Many heavily affected communities declared states of emergency as the federal government deployed soldiers to help. The Canadian Red Cross has been working closely with municipal and provincial governments, local authorities, community leaders and other organizations to deliver vital aid and services.

About Coast Capital Savings

Coast Capital Savings is Canada’s largest credit union by membership and B.C.’s first credit union to become a federal credit union. Owned by its 572,000 members, Coast Capital offers banking and investment services digitally and through its 52 branches in the Metro Vancouver, Fraser Valley, Okanagan, and Vancouver Island regions of British Columbia. An Imagine Canada Caring Company and a Certified B Corporation in recognition of its social performance, Coast Capital invests 10 per cent of its bottom line in youth focused community organizations, programs, partnerships and events. The credit union has been recognized as one of Canada's Most Admired Corporate Cultures™, and holds a Best Managed Companies Platinum Club designation. Coast Capital has a history of introducing innovative products to help their members achieve financial wellbeing including Canada’s first free chequing account from a full-service financial institution and Help Extras®, enabling members to invest in their future. To learn more, visit www.coastcapitalsavings.com.


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For more information, please contact:


Media Contact:

Erin McKinley
Coast Capital Savings
604.836.6924