Two endowment funds to honour credit union founder

First West Credit Union, which operates under the Envision Financial and Valley First brands, is creating two endowment funds totalling $30,000 in honour of Chilliwack founder Ben Voth.

First West Credit Union, which operates under the Envision Financial and Valley First brands, is creating two endowment funds totalling $30,000 in honour of Chilliwack founder Ben Voth.

“Although Mr. Voth passed away in 2010, his legacy still lives on through First West,” board chairman Shawn Neumann said in a news release.

“He served on our board of directors for an amazing 42 years, 38 of which were spent as board chair,” Neumann said.

“He had such an incredible passion for the credit union system, and he dedicated his life to helping his fellow British Columbians.”

Voth was one of 22 founding members of the East Chilliwack Credit Union, as it was called back in 1954, a co-operative committed to helping Fraser Valley residents when the big banks refused.

But Voth’s contributions went beyond service to a single institution, as he served on a number of boards and committees between 1978 and 1990, including the Credit Union Reserve Board and a financial services committee during the Canada/U.S. free trade negotiations.

In 1990, Voth was part of the B.C. delegation to the World Economic Forum in Switzerland, and in 1994 he received the Distinguished Service Award from the Credit Union Foundation of B.C. in recognition of his contributions to the credit union system.

The announcement of the two endowments, which will support students pursuing post-secondary education in construction and related programs, coincides with Voth’s induction to the Canadian Co-Operative Hall of Fame, which recognizes outstanding credit union leaders.

Ken Voth said his father would have been honored by the induction, but “even more importantly, he’d be profoundly happy to see funds from these endowments helping people and making a real difference in local communities.”

First West is now B.C.’s third-largest credit union with $6.2-billion in assets, 167,000 members and 1,300 employees in 37 branches around the province.

Just Posted

New Chilliwack school board sworn in after divisive election

Incumbent Dan Coulter acclaimed as chair with Willow Reichelt winning a vote for vice-chair

Judge to decide on mental fitness of man accused of Chilliwack River Valley shooting

Two psychiatrists disagree on fitness of Peter Kampos but Crown and defence agree he is unfit

Around the BCHL: Surrey Eagles sliding and Cassidy Bowes flows

Around the BCHL is a look at what’s happening in the league and around the junior A world.

BC Ferries passengers wait to leave Vancouver Island after Remembrance Day

Traffic aboard BC Ferries slows after Remembrance Day long weekend

Chilliwack Mayor Ken Popove on the first 100 days

One-on-one discussion with the new mayor paints a picture of what’s in store for Chilliwack

VIDEO: Amazon to split second HQ between New York, Virginia

Official decision expected later Tuesday to end competition between North American cities to win bid and its promise of 50,000 jobs

Kuhnhackl scores 2 odd goals as Isles dump Canucks 5-2

Vancouver drops second game in two nights

Fear of constitutional crisis escalates in U.S.; Canadians can relate

Some say President Donald Trump is leading the U.S. towards a crisis

B.C.-based pot producer Tilray reports revenue surge, net loss

Company remains excited about ‘robust’ cannabis industry

Canada stands pat on Saudi arms sales, even after hearing Khashoggi tape

Khashoggi’s death at Saudi Arabia’s consulate in Istanbul further strained Riyadh’s already difficult relationship with Ottawa

Feds pledge money for young scientists, but funding for in-house research slips

Canada’s spending on science is up almost 10 per cent since the Liberals took office, but spending on in-house research is actually down

Stink at B.C. school prompts complaints of headaches, nausea

Smell at Abbotsford school comes from unauthorized composting operation

Disabled boy has ‘forgiven’ bullies who walked on him in stream, mom says

A Cape Breton teen who has cerebral palsy was told to lie in a stream as other kids walked over him

Letters shed light on state of mind of B.C. mom accused of daughter’s murder

Trial of South Surrey mother Lisa Batstone begins in BC Supreme Court

Most Read