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Community Savings and We Can Capital (Joint Program for BC Cannabis Licensed Producers)

Finance / Credit Union ~90 employees
Founded
--
Employees (Est.)
~90
6 leaders known
Total Funding
$5.3M
Funding Rounds
1
Last Funding
2024-09-10

About Community Savings and We Can Capital (Joint Program for BC Cannabis Licensed Producers)

Community Savings is a 100% Canadian, member-owned credit union that reinvests profits into local communities rather than corporate shareholders. With over 80 years of service, they prioritize Canadian-made products, union labor, and fair pay, being the first certified living wage employer in BC. Their mission is to support workers and businesses while building strong communities.

Products & Services

Personal Banking:Includes opening accounts, credit cards, mortgages, loans, investment and savings options, and personal insurance.
Business Banking:Offers business accounts, loans, commercial lending, business credit cards, and business insurance.
Specialized Banking for Cannabis Industry:Tailored banking services for cannabis retailers and cultivators.
Banking for Cooperatives:Dedicated banking solutions for cooperatives.
Union Asset Management:Asset management services focused on unions.
Insured Mortgage for First-Time Buyers:A 3.99%, 5-year, fixed, insured mortgage to help first-time buyers enter the housing market.
Aria Savings:A credit union brand for Persian Canadians and Farsi-language communities.
安信 Community Savings:A new branch in Richmond catering to specific community needs.

Specialties

Union-focused financial services Community reinvestment Living wage advocacy Specialized banking for cannabis industry and cooperatives

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Working Capital (Accounts Receivable Purchasing Program/Factoring)
T: -
FT: Working Capital (Accounts Receivable Purchasing Program/Factoring)
A: 5300000
MR: -
FA: $5.3 million
FAN: 5300000
D: 2024-09-10
FD: 2024-09-10
2 investors
Working Capital (Accounts Receivable Purchasing Program/Factoring) Latest
2024-09-10
$5.3M
2 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

N

Niki Sharma

Deputy Premier and Attorney General

R

Randi Bautista

Port Coquitlam Branch Manager

S

Sandip Bains

T

Thelma Rodriguez

Staff Member

L

Lisa Langan

Union Liaison Officer

K

Kristi Bounegru

Union Liaison Officer

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Recent News

Community Savings and We Can Capital (Joint Program for BC Cannabis Licensed Producers) Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Finance / Credit Union
Company Size
~90 employees (est.)

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