Oct. 21, 2021

A Bank That Gives You Credit Based On Your Positive Impact

A Bank That Gives You Credit Based On Your Positive Impact

Lars Boggild shares how Vancity is re-imagining finance through a socially responsible mindset

Is your banker invested in wanting to see your business have a positive impact on your community? Does your financial team try to find ways to get you access to funding or better financial products based on what your company's goals are? To anyone out there that is saying, "That's not what bankers do.", you need to listen up.

Lars Boggild of Vancity Community Investment Bank (VCIB) joins us to talk about how they are Canada's first impact bank with B Corp status and what that all means. Credit unions have always been about community, but the approach from VCIB also prioritizes impact for good which opens doors to people who may not be the traditional big banks' ideal customers.  

How do you bank? Do you find you've hit issues with getting access to funding or products from traditional big banks? 

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