Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
Organizational Case Study<br />Douglas Pawson<br />Professor Dr. J. Scott<br />MBAD630<br />Shannon School of Business<br ...
What Makes Vancity Unique?<br />MBAD630<br />Douglas Pawson<br />Formed in 1949 to be community-based and member-owned<br ...
Vancity Key Figures<br />MBAD630<br />Douglas Pawson<br />Vancity is the largest credit union in Canada (exlcuding Quebec)...
Credit Union Industry in Canada<br />MBAD630<br />Douglas Pawson<br />Top 100 Credit Unions in Canada hold CAD$115.494B in...
Vancity Leadership<br />MBAD630<br />Douglas Pawson<br />Led by CEO Tamara Vrooman<br />Diverse range of skills and experi...
Financial Performance<br />Pertinent five-year financial measures:<br />Best Current Ratio of top 3 credit unions (Servus ...
Key Considerations Moving Forward<br />MBAD630<br />Douglas Pawson<br />Housing and labour market growing = residential mo...
Strategic Recommendations<br />MBAD630<br />Douglas Pawson<br />Increase efforts to procure commercial lending. In 2010 co...
Conclusion<br />MBAD630<br />Douglas Pawson<br />Vancity continues to grow through the tough economic recovery period.  Fu...
Organizational Case Study - Vancity
Upcoming SlideShare
Loading in …5
×

Organizational Case Study - Vancity

1,606 views

Published on

Published in: Economy & Finance, Business
  • Be the first to like this

Organizational Case Study - Vancity

  1. 1. Organizational Case Study<br />Douglas Pawson<br />Professor Dr. J. Scott<br />MBAD630<br />Shannon School of Business<br />Cape Breton Universtiy<br />September 28, 2011<br />
  2. 2. What Makes Vancity Unique?<br />MBAD630<br />Douglas Pawson<br />Formed in 1949 to be community-based and member-owned<br />Full-suite retail and commercial banking options<br />Developing social finance investment and lending options<br />
  3. 3. Vancity Key Figures<br />MBAD630<br />Douglas Pawson<br />Vancity is the largest credit union in Canada (exlcuding Quebec), by total assets (CAD$14.5B) as ranked by Credit Union Central of Canada, 2011.<br />Over 417,000 members – second largest in BC, behind Coast Capital Savings<br />More than 2,000 employees and 59 branches across Southern British Columbia.<br />
  4. 4. Credit Union Industry in Canada<br />MBAD630<br />Douglas Pawson<br />Top 100 Credit Unions in Canada hold CAD$115.494B in total assets (Vancity = 12%)<br />These credit unions represent 4.2 million members (Vancity = 10%)<br />These credit unions have 1,254 locations across Canada (Vancity = 5%)<br />
  5. 5. Vancity Leadership<br />MBAD630<br />Douglas Pawson<br />Led by CEO Tamara Vrooman<br />Diverse range of skills and experiences comprise executive leadership & Board of Directors<br />Expertise bodes well for future recommendations with extensive backgrounds in: Social finance, compliance, technology in addition to traditional accounting and finance backgrounds<br />
  6. 6. Financial Performance<br />Pertinent five-year financial measures:<br />Best Current Ratio of top 3 credit unions (Servus Credit Union, & Coast Capital Savings)<br />High Community Investment Ratio of 34.55%<br />High Gross Profit Margin of 53.27%<br />MBAD630<br />Douglas Pawson<br />
  7. 7. Key Considerations Moving Forward<br />MBAD630<br />Douglas Pawson<br />Housing and labour market growing = residential mortgages equal CAD$6.4B, 54% of loan portfolio. Projected to grow fuelled by static interest rates<br />Growing socially responsible asset management division = CAD$666.4 or 29% of member investments in 2010<br />Developing diverse subsidiary portfolio including Citizens Bank – retail credit cards<br />
  8. 8. Strategic Recommendations<br />MBAD630<br />Douglas Pawson<br />Increase efforts to procure commercial lending. In 2010 commercial lending accounted for CAD$1.43B or barely 12% of loan portfolio<br />Increase socially responsible investment and asset management in projected growth industries. Clean energy and utilities growing at triple digit rates over past 5 years.<br />Adopt backward vertical integration subsidiary to license proprietary mobile banking software to smaller credit unions.<br />
  9. 9. Conclusion<br />MBAD630<br />Douglas Pawson<br />Vancity continues to grow through the tough economic recovery period. Fuelled by low-interest rates, a growing membership and innovative business practices.<br />For more information visit<br />www.vancity.com<br />

×