On July 24, 2026, Vancity Credit Union (Vancouver City Savings Credit Union) closed an offering of $325 million aggregate principal amount of senior deposit notes due 2029. The notes rank pari passu with Vancity's other unsecured and unsubordinated debt. This was Vancity's inaugural senior deposit notes issuance, marking its entry into the long-term debt capital markets and a significant milestone in its funding strategy. The offering drew strong demand from 31 investors and was five times oversubscribed, with a final order book of approximately C$1.5 billion. The issuance followed the successful reactivation of Vancity's short-term commercial paper program. The dealer syndicate was led by RBC Capital Markets and Desjardins Capital Markets as joint bookrunning managers, with CIBC Capital Markets, BMO Capital Markets, Scotiabank, and Cedar Leaf Capital acting as co-managers. McCarthy Tétrault LLP advised the dealer syndicate. Headquartered in Vancouver, Vancity is Canada's largest credit union, serving approximately 588,000 member-owners with over 60 branches across Metro Vancouver, Squamish, the Fraser Valley, the Sunshine Coast, the Gulf Islands, and Alert Bay, and reports $41 billion in assets plus assets under administration.