Vancity Savings Credit Union

Closed
346 Hastings St E
Vancouver, BC V6A 1P4

Vancity Savings Credit Union in Vancouver, BC, focuses on providing basic banking services to individuals who may not have easy access to traditional financial institutions. By offering affordable account packages and essential services like cheque cashing, Vancity aims to remove barriers to financial inclusion for low-income earners.

One of Vancity's initiatives, Pigeon Park Savings, opened in 2004 in collaboration with PHS Community Services. Located in Vancouver's Downtown Eastside, this branch offers basic financial services to residents living on low incomes. For a flat fee of $5 per month, account holders can enjoy benefits such as cheque cashing, bill payments, and unlimited withdrawals, aiming to support financial stability in the community.

Pigeon Park Savings also extends its services to non-members, providing cheque-cashing facilities and a cashable term deposit offering a competitive interest rate. This partnership between Vancity and PHS Community Services underscores their commitment to fostering financial empowerment and accessibility in underserved neighborhoods.

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