MERGER VOTE RESULTS ARE IN
December 02, 2021
V.P. Credit Union members vote Yes to merging with G&F Financial Group*
On July 22, 2021, VPCU announced its intentions to pursue a merger with G&F Financial Group (Gulf and Fraser Fishermen’s Credit Union). A membership vote was held on December 1, 2021 and 86.2% of voting members voted in favour of merging with G&F Financial Group. January 1, 2022 will mark our first day as a merged credit union.
Thank you to those who came out to vote and chose this path forward, for our employees, members and community.
With this merger you can look forward to many benefits over time, including:
· greater choice of products and services
· specialized expertise to serve your unique needs
· branches located close to home
· …and more
V.P. CREDIT UNION MEMBERS VOTE YES TO MERGING WITH G&F FINANCIAL GROUP
For more details, please click HERE.
What to expect in January
While January 1, 2022 is the date the merger will come into effect, we will open for business on January 4th.
When you visit your home branch in January, you can expect to see the same familiar faces you’ve grown to know and experience the same friendly service you’ve come to appreciate. While at your home branch, you’ll be able to request similar rates for loan and deposit products as those offered by G&F. There won’t be any other significant changes in January.
Starting January 31st, you can continue to visit your home branch, or choose from any of the 24 G&F branches across the Lower Mainland and Fraser Valley to perform most of your day-to-day banking. If you’d like a product or service offered by G&F, we will do our best to accommodate you, just ask!
Since there’s a lot of work to do in bringing our credit unions together, we ask for your patience and understanding as we work toward integrating our banking system with G&F’s system in the Fall of 2022.
Learn more in the Guide to Understanding the Merger.
Please also review our Frequently Asked Questions by clicking the links below:
Keep watching this page for updates as we start the process of integrating our credit union within the G&F family.
Will there be a change to my accounts or services?
For an interim period following the merger, you will keep your current products, accounts and other financial services.
Over time, V.P. Credit Union products and services will be evaluated and aligned with G&F’s offering so that all members have equal access to the same products and services. In the meantime, you will be given access to some of the G&F products that our organization does not yet have, and the full lineup when our banking system is merged with G&F’s banking system in late 2022.
We will be reaching out to members with more information in the coming weeks to ensure you are informed as we work to bring our credit unions together. Rest assured, you will receive advance notice and support ahead of any change that affects you as a member.
Above all, your experience is our top priority. If you have questions, please review the frequently asked questions section here on our website or contact us directly for more information. As of January 3, 2022, you can also call G&F’s Member Hub support line, Monday to Friday from 7am to 7pm and Saturdays from 8am to 4pm. They’re looking forward to welcoming all of us to the G&F family!
We want to hear from you!
*G&F Financial Group is an operating trade name of Gulf and Fraser Fishermen’s Credit Union
Listed below are the background details for this merger.
On July 22, 2021, VPCU announced its intentions to pursue a merger with G&F Financial Group (Gulf and Fraser Fishermen’s Credit Union). Since that time, we have been reaching out to members to provide important information about the proposed partnership.
Here’s what we’ve shared to date:
- Press release – a quick backgrounder on G&F as a potential partner
- Frequently Asked Questions – Sept 22 2021
- Frequently Asked Questions – Nov 5 2021
- Merger Background & Benefits Summary – Why change is needed
Ralph Kaisers, Vancouver Police Union President, shares his thoughts
Background on the proposed merger with Lydia