The Story of Khalsa Credit Union

Working for People, Planet and Prosperity

Who We Are

Driven by the vision of a world where financial services in local communities contribute to a sustainable future for all, we at KCU are guided by our values: equality, honesty, accountability, ethical behavior, seva, and sharing. Our overall mission is to provide financial services for the betterment of our members, employees, communities, and the environment.

How We Can Make an Impact Together

Our ‘triple bottom line’ people, planet, prosperity is at the heart of how we do business, and we actively use financial services and focused efforts in the community for the benefit of people, businesses, and the environment.

People

Our members are the reason we exist. We work hard to help our members achieve the financial future they desire.

Planet

A healthy financial future also requires a healthy planet. Working side-by-side with our members, we will protect our cherished planet.

Prosperity

Prosperity for members and the community is our fundamental focus. However, prosperity will not be blindly pursued at the expense of people and the planet.

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Our Beginnings

The Origin of Khalsa

Khalsa Credit Union (KCU) came into existence on February 19, 1986 following the economic turbulence of the early eighties and long after most other credit unions in British Columbia had incorporated. This presented some early obstacles and challenges, but the faith of our founders never wavered, as their desire for a religious bond credit union serving the financial needs of the Sikh Community became a reality.


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Our History

We opened our first branch in Vancouver in 1986

Like any great credit union origin story, ours begins with our pioneers who had deep roots in a closely bound Sikh Community within BC. Since our inception, we’ve grown as an organization but our values have stayed strong and true. We believe in seva, equality, ethical behavior, accountability, and giving back to our community.

Our Founding Members

The people who helped make Khalsa Credit Union a reality almost 35 years ago

See all our founders

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Building on Resilience and Growth

Upgrades to technology and expansion of services

We focus on implementing innovative products by investing in digital solutions. At the same time, we continue to provide exceptional service to our members. With the changing dynamics of our industry, as well as our members' evolving banking habits, 2020 will see the launch of our new website, a digital banking platform that provides an improved online and mobile experience


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Tomorrow and Beyond

KCU in the future

Driven by a passion to do the right thing for our members, we will continue to work on solutions to improve the financial wellbeing of our community.  KCU is a strong, resilient organization and we remain steadfast our focus to positively impact the financial health of our members


Cooperative Principles

We are committed to the Principles of the International Cooperative Alliance

Khalsa’s identity as a credit union is founded upon these seven principles:

  • Voluntary and open membership
  • Democratic member control
  • Member economic participation
  • Autonomy and independence
  • Education, training and information
  • Cooperation among cooperatives
  • Concern for community
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Values-Based Banking

What’s good for the community is good for the world 

As a socially responsible co-operative, our mission is to provide financial services for the betterment of our members, employees, and communities. Our ‘triple bottom line’—people, planet, prosperity—is at the heart of how we do business, we actively offer financial services for the benefit of people and focus on good of the environment. We believe that values-based banking contributes to long-term business success and helps build a better world for all.
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Our Commitment to Youth

Scholarships and bursaries

We believe our youth are our future leaders. Every year Khalsa Credit Union provides various scholarships and bursaries to exemplary students and athletes and to those in need. Be sure to encourage our students to apply.
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Our Commitment to Community

Giving back in many ways

As a financial cooperative owned by our members, our profits are invested back into the communities we serve. In 2019 we donated $403,500 to support various community-based, non-profit and charitable organizations. A variety of projects and initiative were supported that have a lasting, positive impact in our community including local food banks and homeless shelters. 

Contact Khalsa Credit Union


Email Us

info@khalsacredit.com

We’ll reply within 2 hours during business hours, or the next business day after hours.

Book an Appointment

Request appointment time

We’ll reply within 2 hours during business hours, or the next business day after hours.

Visit a Branch 

Find a branch/ATM

Extended hours at select branches to help you

Mon-Fri 10:00 AM- 8:00 PM   •  Saturday 10:00 AM- 5:00   •  Sunday 12:00 PM- 4:00 PM

Khalsa Credit Union

The name you can bank on

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