Langley-based First West Credit Union celebrates $10 billion in assets

"We're showing continued growth, but for the right reasons," CEO says

Langley-based First West Credit Union is celebrating after officially surpassing $10 billion in assets under management.

“This is an exciting announcement for us because we’re showing continued growth, but for the right reasons,” said Launi Skinner, CEO of First West Credit Union.

“Ten billion in assets is a tremendous milestone.”

“To us, it’s a sign of the value members see in our local focus and commitment to exceptional service and experience,” Skinner said.

“Being a strong, stable financial co-operative means when we grow, the benefit is shared equally between our members, employees and our communities.”

Skinner believes that First West’s unique local-market model is a significant factor in their continued success.

“As we redefine the co-operative banking experience for our members, it’s clear our local-brand approach continues to appeal to our members and communities,” said Skinner.

Last month, construction of a new $100 million regional office for First West Credit Union got underway in Langley with a ground-breaking ceremony at the site on 200 Street and 88 Avenue.

READ MORE: First West breaks ground

First West is British Columbia’s third-largest credit union with $9.9 billion in assets, nearly 250,000 members and more than 1,750 employees.

READ MORE: First West employee pilots network of women helping women

Langley Times