Community Savings reopens its doors in New Westminster
September 25th, 2025 New Westminster, BC / Unceded Territories of the Musqueam, Squamish and Tsleil-Waututh Nations. Today, Community Savings, a BC-based credit union is proud to announce the opening of its new branch in New Westminster, following a relocation to Royal Square Mall.
The branch, located at Unit 25b – 800 McBride Boulevard, is now open and the team welcomes the community to a modern, full-service banking environment designed to enhance convenience and service.
Mike Schilling, President & CEO, Community Savings, said "With an investment in our revitalized branch in a new space, we’re demonstrating our commitment to the New Westminster community. We’re excited about re-opening the branch as it reflects our focus on growing alongside our members, supporting their personal and business needs with dedicated financial solutions.”
Key features of the new branch include:
- Access to wealth management services with a licensed mutual fund expert
- A fresh and modern space created for personal banking and finance
- A team of front-line staff that are dedicated personal bankers, offering tailored, one-on-one support to members
Community Savings has been in business for over 80 years and the credit union is celebrating over 50 years of service in New Westminster.
The local branch has built strong, lasting relationships with over 2000 members – from everyday residents to prominent organizations and unions who value dedicated and tailored banking services. Support includes:
- Helping local residents with homeownership through services like first-time home buyers’ grant and industry-leading mortgage rates
- Servicing over 200 small businesses with credit and borrowing solutions
- Ability to serve members in English, Punjabi, Hindi, Arabic, German, Spanish, and Nepali.
Susan Devlin, New Westminster Branch Manager, Community Savings said, "For more than 50 years, this branch has been part of New Westminster’s story. Our members are at the heart of everything we do, so this new branch isn’t just about a new space, it’s about making it easier for our members to connect with us, whether they’re buying their first home, growing a business, or planning for the future.”
By virtue of being the unions’ credit union, Community Savings is proud to confirm that branch renovations were completed with union labour including: Construction Maintenance and Allied Workers (CMAW) Local 1995, Laborers’ International Union of North America (LiUNA) Local 1611, International Union of Painters and Allied Trades, District Council (DC) 38, International Brotherhood of Electrical Workers (IBEW) Local 213, Sheet Metal, Air, Rail and Transportation Workers (SMART) Local 280, International Union of Bricklayers and Allied Craftworkers (BACU) Local 2, and Floorlayers Union Local 1541.
If you’re a business or an individual looking to open a bank account with a local neighbourhood bank, please visit: comsavings.com.About Community Savings:
Community Savings Credit Union is driven by its purpose to unite working people to build a just world. As BC’s largest fully unionized credit union, Community Savings provides best-in-class personal and business banking.
Community Savings operates seven branches across the Lower Mainland and Victoria. It lives by its values, from being the first financial institution to become a Living Wage employer in 2010 to winning the 2022 BCBusiness Business of Good Workplace Wellness Award for its innovative staff wellness programs. For more about Community Savings, visit www.comsavings.com.
