Friday, August 9, 2013

Khalsa Credit Union - A credit union by Sikhs for the whole community

With the opening of the first branch in Vancouver on April 1, 1986, Khalsa Credit Union (KCU) strives to be the most successful Sikh credit union in Canada. The founders of KCU were presented with some obstacles and challenges, but their faith was never wavered. Their desire for a religious bond credit union serving the financial needs of the Sikh community became a reality. From those early struggles, KCU emerged as stronger and more energized and is a model of efficiency for the credit union system of British Columbia in the present day.

The Credit Union’s first branch was opened in Vancouver, British Columbia followed by a branch in Surrey, British Columbia on October 11,1987 and Abbotsford, British Columbia on January 30,1989. Another Surrey branch, this one in Guildford- now relocated to Newton, opened on September 27,1993 and Victoria, British Columbia on Vancouver Island, became the fifth branch office to open on August 19,1990. From these locations and its Head Office on Scott Road in Surrey, British Columbia, Canada, KCU serves both retail and business members throughout the province and is very proud of its real estate holdings.

The founders of KCU believe that growth for the sake of growth has never been their motto. Instead, their values are deeply rooted in Sikh heritage that motivates them to do the right thing for the members, employees, and the community out of an uncompromising desire.

As a faith based institution, KCU participates in many religious activities including, but not limited to, the annual Vaisakhi parade held in Surrey, Vancouver, and other smaller communities like Abbotsford & Kelowna in British Columbia. Whereas many financial institutions focus on national and international sponsorship activities, effectively ignoring their local markets, KCU has a much deeper connection with its local community where it awards thousands of dollars to worthy recipients through scholarships and bursaries and other incentives every year.


1 comment:

  1. kcu is doing great job...
    and good information...thank you...

    ReplyDelete