Vancity CEO Talks Poverty with Pope
Tamara Vrooman, president/CEO of Vancity Credit Union, will meet with Pope Francis in July to discuss ways to develop a more inclusive economy that addresses poverty and inequality.
In addition to overseeing the $17.5 billion cooperative in Vancouver, Canada, Vrooman is also a member of the Global Alliance for Banking on Values, an independent network of the world’s most sustainable banking organizations.
She, along with a group of 30 leaders from around the world, will visit the Vatican in Rome.
“Vancity is focused on advancing values-based banking, a progressive model of banking which responds directly to the needs of community, which uses our balance sheet to create positive social, economic and environmental impact for people, and which is inclusive, accountable and transparent,” Vrooman said. “And we know this approach to redefining the role of a banking institution is intriguing others, here and afar.
Vrooman said Vancity was the first Canadian member of the alliance.
“We play a leadership role in advancing the network’s goal of creating a positive, viable alternative in the financial system,” she noted.
Vancity serves more than 500,000 members throughout Canada.
Learn more about the credit union’s values-based banking model.