TERRITORIES OF MUSQUEAM, SQUAMISH AND TSLEIL-WAUTUTH NATIONS and VANCOUVER, British Columbia, April 01, 2026 (GLOBE NEWSWIRE) — Vancity has released its 2025 financial results, demonstrating strong profitability and a record $41 billion in assets plus assets under administration. Canada’s largest B.C.-based financial institution is entering 2026 with momentum and a focus on continued impact, growth and member experience.
Amid a shifting economic environment, Vancity posted $69.9 million in net income in 2025, a dramatic improvement in performance from 2024’s modest profit of $5.8 million.
In 2025, core revenue was $675.4 million — up more than 30% from 2024 — reflecting strong demand for Vancity’s values-based products and services across its consumer, wealth and business banking portfolios. Net lending growth of almost $1 billion underscores this demand for innovative financing solutions — and secures Vancity’s position as the largest credit union by assets in Canada.
Member deposits also grew by almost $800 million, reflecting continued confidence in Vancity and its mission to deliver banking differently and grow its contributions and grants to supporting the communities it serves.
“Vancity is growing again in all parts of our business at a time when the economy has been going through some challenges. This is a reflection of our business strategy and focus on improving the member experience to make Vancity a competitive financial institution again,” said Wellington Holbrook, Vancity’s CEO. “As a result, members are placing their trust in us, and we strengthened our core business, delivering meaningful growth. We continue to prove that it’s possible to thrive and grow as a values-centred financial institution.”
Vancity is the only financial institution in Canada that redirects 30% of its annual net income back to its communities and members. Based on the organization’s 2025 performance, Vancity is distributing $21 million towards community initiatives and grants to advance affordable housing, equity and Reconciliation, climate action, and co-ops and local economies.
Making a bigger impact through everyday banking is central to Vancity’s strategy, too. The financial institution is introducing new and innovative products and services designed for real life and to empower people generally underserved by Canada’s banking system.
“We believe Vancity needs to play an even bigger …