Recognized as one of BC's Top Employers (2017)
By Richard Yerema and Kristina Leung, Mediacorp Canada Inc. staff editors (Mar 8, 2017)
Here are some of the reasons why Coast Capital Savings Credit Union was selected as one of BC's Top Employers (2017):
- Coast Capital Savings encourages ongoing employee development through in-house and online training initiatives, formal mentoring and generous tuition subsidies for courses related to their current position (to $1,500 annually)
- Coast Capital Savings helps employees save for the long term through a defined benefit pension plan and offers a number of additional financial benefits, from low-interest home loans and discounted home and auto insurance to generous new employee referral bonuses that vary by position (from $50 to $4,500)
- Coast Capital Savings encourages employees to keep fit with free memberships to an onsite fitness facility that features a variety of exercise equipment, music and television, and instructor-led classes such as yoga and barre -- employees also have access to massage chairs
At Coast Capital, feeling part of something bigger
Amol Thind got to know Coast Capital Savings when he was growing up in the Fraser Valley and opened his first bank account there. Then, when he was finishing off his business degree in 2014, a friend told him he would be a good fit at the credit union, which is Canada's largest member-owned financial co-operative and dedicated to helping its members improve their financial well-being.
Turned out the friend was right. Thind started off as a service professional at a branch before being promoted to his current position of Business Banking Officer, working with small business owners at Coast Capital's Help Headquarters in Surrey. "I had made it pretty clear that commercial banking was where I wanted to develop my career," he says.
Coming from a family of small business owners has given Thind a better understanding of the credit union's small business members. "We really go out of our way to help them grow their businesses, and get their resources in place."
Chief People Officer Tracey Arnish says that by connecting employees to the credit union's larger purpose of helping members achieve their financial and personal goals, "Coast Capital allows everyone to grow and flourish."
The company supports Thind with the tools and skills he needs to reach his career goals and demonstrate leadership. Programs like "Room to Grow" and "Leaders Who Inspire" are designed to engage employees and inspire passion in their work.
"Our employees are known for being socially minded and wanting to make a difference in the lives of our members and their communities," says Arnish. "At Coast Capital, they can be part of something that's much bigger."
For three years, Thind has been an active member of one of Coast Capital's three Youth Get It Community Councils - regional committees comprised of young leaders, aged 18 to 30, who either work at Coast Capital or represent local communities. This diverse group is responsible for reviewing grant applications and deciding how best to allocate funding. In 2016, the three councils recommended making $1.5 million in community investment grants to 116 groups.
"Every year, Coast Capital Savings invests seven per cent of its budgeted pre-tax earnings toward local community causes. Since 2000, that's more than $65 million," says Thind. "This is a purpose-driven culture where employees, like me, are able to grow, show leadership and contribute to a much larger cause."