Valley First

Rutland Branch Opens for Business

Valley First Place in Rutland opens for business Monday, March 4
March 1, 2013

Penticton, B.C. – Valley First—one of the Interior’s oldest and most respected credit unions—will open the doors of its Rutland branch at Valley First Place on Monday, March 4.

The credit union’s newest location, situated at the corner of Rutland Rd and Highway 33, adds to the continuing revitalization of the Rutland community and will give consumers greater choice of financial institutions and easier access to financial expertise.

“We’ve wanted to be part of the Rutland community for a longtime,” says Valley First president Paulette Rennie. “It is a growing market and we see tremendous opportunity in investing in its future. I’m thrilled we’re finally opening our doors in Rutland.

“Throughout construction, Valley First Place has been a tremendous source of excitement for our employees and Rutland-area members and now that we’re ready to do business, I’m sure we’ll become a real focal point for the community. We’re really excited about our new branch and the choice it will give our new and existing members when it comes to accessing banking and investment services as well as our financial expertise.”

The 16,600 square foot building houses a new, full-service Valley First branch with retail and business banking and wealth management services – all on-location. The site is also the new home of Valley First’s Rutland insurance office (formerly Don Stobbe Insurance).

Construction and now the opening of Valley First Place has not gone unnoticed. Valley First’s sixth credit union branch in Kelowna and the eighth in the Central Okanagan has received support from the City of Kelowna.

"It's exciting to see this investment in the Rutland town centre," says City of Kelowna Mayor Walter Gray. "This new commercial building adds to the growing development in the area and provides employment during construction, ongoing employment once it’s built and services for the growing population in Rutland."

Beyond its branches, Valley First is a strong community supporter. During 2012, Valley First and its employees donated more than $350,000—$65,000 in Kelowna alone—to various charities, events and community organizations as well as volunteering more than 1,100 hours of their own time. Additionally, Valley First strengthened its partnerships with local food banks, raising more than $148,000 and collecting 32,000 pound of food through its Feed the Valley program.

About Valley First

Valley First is a division of First West Credit Union, B.C.'s third-largest credit union, which has 38 branches and 29 insurance offices throughout the Lower Mainland, Fraser Valley, Kitimat and Okanagan, Similkameen and Thompson valleys. First West has approximately $6.6 billion in assets under administration, 169,000 members and 1,300 employees.

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