Vision Credit Union earns Alberta’s Credit Union of the Year award for 2022

Vision Credit Union previously won the award in 2020, 2019 and 2018.

Vision Credit Union is delighted to announce that the Credit Unions of Alberta have honoured us as Credit Union of the Year for the fourth time in the past five years. 

“We’re delighted and humbled again this year to receive this award. We work hard every day to serve our members and be a vibrant part of our communities and the credit union system,” says Steve Friend, Chief Executive Officer of Vision Credit Union.

Each year, the Credit Unions of Alberta assess all credit unions in the province for their financial performance, community support, innovation and business accomplishments. 

Vision received top scores in several categories, with the following achievements bringing home the gold for Vision: 

• Financial performance: Vision has demonstrated strong financial progress which benefited members. In 2022, Vision returned $14.25 million in profit shares to members across Alberta. Our profit share allocation Is one of the highest returns paid by any Alberta credit union.
• Support for the community: Over 100 community organizations applied for capital project funding through the new Vision Helping Hand Grant. Through this grant, Vision gives back over $180,000 to our 23 branch communities per year and will continue to do so every year. 
• Business accomplishments: In the fall of 2022, Vision merged with Encompass, another credit union with a long and proud history in the heart of Rural Alberta. By merging under the Vision Credit Union name, the amalgamated credit union now has over $2.1 billion in assets, 34,800 members, 256 staff and 24 branch locations across the province. 

In addition to Credit Union of the Year, Vision received three awards in the following categories: 

• Community Goodwill
• Membership Growth
• Best ROA Growth

From management and member services to board members, administrative staff and executives, “Our rural Alberta communities inspire us to work hard every day,” says Friend. “This past year has shown us that our dedication to our communities really does have an impact on our organization’s success.”