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Coast Capital introduces Employee COVID-19 vaccination policy to protect employees, members and communities.

COVID-19 remains with us and the highly contagious Delta variant continues to spread in our communities. Coast Capital believes that our social purpose of building better futures together starts with providing a safe working environment for our employees, our members and members of the public with whom we interact to provide essential banking services.

This week, Coast Capital shared our COVID-19 vaccination policy for employees. As a social purpose organization and Canada’s largest federal financial cooperative, we know that vaccines are the best way to protect our employees and their families, our members, and our wider communities from COVID-19.

Key policy highlights include:

  • Effective October 30, all Coast Capital employees are expected to be fully vaccinated against COVID-19 with a Health Canada approved vaccine. For those employees who are not vaccinated for medical and religious reasons protected under the Human Rights Code, accommodations will be provided.
  • All employees who work from a Coast Capital location or attend a company event are expected to be vaccinated or produce negative COVID-19 rapid antigen test results every 72 hours.
  • This vaccine requirement is in addition to complying with all public health mandates (provincially and federally), and putting in place various protective measures to maintain a safe environment for all employees and members.  

This decision follows the Government of Canada’s directive to federal employers to implement a mandatory COVID-19 vaccination policy. In advance of sharing the formalized policy, Coast Capital employees were provided with notice of the approaching deadline in early September to ensure sufficient time to become fully vaccinated ahead of October 30. A Coast Capital employee survey conducted this fall also helped to shape the policy and indicated strong employee support for vaccination.

Coast Capital’s vaccination policy is an important step in continuing to create a safe in-person setting to build connection and collaborate to help our members with their financial needs. The policy will be revisited to ensure it continues to meet government expectations and employees will be informed of any changes as circumstances evolve.


About Coast Capital

At Coast Capital, we’re not dreaming about a better future, we’re building one. We’re a member-owned financial cooperative with an 80-year legacy of unlocking financial opportunities that positively impact people and communities. It’s our belief that every Canadian deserves a financial partner who actually cares how things turn out.

Driven by our social purpose to build better futures together, we look at everything we do through the lens of how we can help our 600,000 members, our employees and communities. A proud Certified B Corporation®, we’re part of a global movement building a more inclusive, equitable and regenerative economic system. Each year, we invest 10% of our bottom line into our communities, which over the past two decades totals almost $90M. We’re deeply committed to making our financial cooperative a great place to work as demonstrated by some of our accolades. Coast Capital is a platinum member of Canada’s Best Managed Companies, one of Canada’s Most Admired Corporate Cultures, and a BC Top Employer. To learn more, visit us online at coastcapitalsavings.com.



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