Financial Institt1ti()ns C()mmissi()n - FICOM - Home … GRP1 GRP1 ASSET GROUP 2: $900,000,000 BUT...

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Financi Instittins Cmmissin June 1, 2017 File No.: 100-20 Ref. No.: 0609 To: All BC Credit Union CEOs/General Managers Re: 2017 Asset Groupings The aached report provides the annual BC credit union asset groupings r 2017. The results are based on credit union's annual filings at its fiscal year-end. Please note that certain credit unions and their asset groupings have been adjusted accordingly. The results are summarized below: No. of Total Assets Asset 2017 Total Asset Groupings Credit Group $ % Unions 1 $ 5 billion or more 3 45,509,819,499 63.34 2 $ 900 million or more but less than $ 5 billion 7 16,941,248,395 23.58 3 $ 300 million or more but less than $ 900 million 14 6,807,124,664 9.47 4 $ 200 million or more but less than $ 300 million 5 1,157,461,532 1.61 5 $ 100 million or more but less than $ 200 million 8 1,208,123,353 1.68 6 Less than $ 100 million 5 230,631,702 0.32 System 42 71,854,409,145 100.00 A copy of these results, as well as a comparison of the 2016 results, is ꜹailable on FICOM's website under Financial Institutions/Industry Correspondence/Credit Unions. If you have any questions regding the 2017 asset groupings please contact Tunde Szinku at Tunde.Szinku@ficombc.ca. TS/db Su p erintendent of Financial Institutions Su p erintendent of Pensions Re g istrar of Mort g a g e Brokers Sincerely, Mehrdad Rastan Executive Director Risk, Analytics & Reporting Regulation 2800-555 West Hastin g s Vancouver , BC V6B 4N6 Tele p hone: 604 660-3555 Facsimile: 604 660-3365 .fic. g ov.bc.ca

Transcript of Financial Institt1ti()ns C()mmissi()n - FICOM - Home … GRP1 GRP1 ASSET GROUP 2: $900,000,000 BUT...

Financial Institt1ti()ns C()mmissi()n

June 1, 2017 File No.: 100-20 Ref. No.: 0609

To: All BC Credit Union CEOs/General Managers

Re: 2017 Asset Groupings

The attached report provides the annual BC credit union asset groupings for 2017. The results are

based on credit union's annual filings at its fiscal year-end. Please note that certain credit unions

and their asset groupings have been adjusted accordingly. The results are summarized below:

No. of Total Assets Asset

2017 Total Asset Groupings Credit Group $ %

Unions

1 $ 5 billion or more 3 45,509,819,499 63.34

2 $ 900 million or more but less than $ 5 billion 7 16,941,248,395 23.58

3 $ 300 million or more but less than $ 900 million 14 6,807,124,664 9.47

4 $ 200 million or more but less than $ 300 million 5 1,157,461,532 1.61

5 $ 100 million or more but less than $ 200 million 8 1,208,123,353 1.68

6 Less than $100 million 5 230,631,702 0.32

System 42 71,854,409,145 100.00

A copy of these results, as well as a comparison of the 2016 results, is available on FICOM's

website under Financial Institutions/Industry Correspondence/Credit Unions.

If you have any questions regarding the 2017 asset groupings please contact Tunde Szinku at

[email protected].

TS/db

• Superintendent of Financial Institutions

• Superintendent of Pensions

• Registrar of Mortgage Brokers

Sincerely,

Mehrdad Rastan

Executive Director

Risk, Analytics & Reporting

Regulation

2800-555 West Hastings

Vancouver, BC V6B 4N6

Telephone: 604 660-3555

Facsimile: 604 660-3365

www.fic.gov.bc.ca

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Credit Union 2017 Asset Groupings Credit Union 2016 Asset Group

ASSET GROUP 1: $5 BILLION OR MORECoast Capital Savings Credit Union

First West Credit Union

Vancouver City Savings Credit Union

TOTAL: 3

GRP1GRP1GRP1

ASSET GROUP 2: $900,000,000 BUT LESS THAN $5 BILLIONBlueShore Financial Credit Union

Coastal Community Credit Union

Gulf and Fraser Fishermen's Credit Union

Interior Savings Credit Union

Kootenay Savings Credit Union

Prospera Credit Union

Westminster Savings Credit Union

TOTAL: 7

GRP2GRP2GRP2GRP2GRP2GRP2GRP2

ASSET GROUP 3: $300,000,000 BUT LESS THAN $900,000,000Aldergrove Credit Union

Bulkley Valley Credit Union

Community Savings Credit Union

East Kootenay Community Credit Union *

First Credit Union

Integris Credit Union

Khalsa Credit Union

Lake View Credit Union

North Peace Savings and Credit Union

Northern Savings Credit Union *

Salmon Arm Savings and Credit Union

Sharons Credit Union *

Sunshine Coast Credit Union

VantageOne Credit Union *

TOTAL: 14

GRP3GRP3GRP3GRP4GRP3GRP3GRP3GRP3GRP3GRP2GRP3GRP4GRP3GRP4

ASSET GROUP 4: $200,000,000 BUT LESS THAN $300,000,000Grand Forks District Savings Credit Union

Greater Vancouver Community Credit Union

Nelson & District Credit Union *

Summerland and District Credit Union

Williams Lake and District Credit Union

TOTAL: 5

GRP4GRP4GRP5GRP4GRP4

ASSET GROUP 5: $100,000,000 BUT LESS THAN $200,000,000Columbia Valley Credit Union

Creston and District Credit Union

Heritage Credit Union

Ladysmith & District Credit Union

Osoyoos Credit Union

Revelstoke Credit Union

Spruce Credit Union

V.P. Credit Union

TOTAL: 8

GRP5GRP5GRP5GRP5GRP5GRP5GRP5GRP5

ASSET GROUP 6: LESS THAN $100,000,000CCEC Credit Union

Compensation Employees Credit Union

Mt. Lehman Credit Union

Union Bay Credit Union

Vancouver Firefighters Credit Union

TOTAL: 5

GRP6GRP6GRP6GRP6GRP6

SYSTEM TOTAL: 42

* Credit union's asset group has changed from the previous year.