Vartana and

Citizens Bank of Canada

The Community Banking Initiative

VartanaRegistered charitable organization devoted to the research and development of financial services to meet the needs of the voluntary sector in Canada.

Vartana & Citizens Bank Partnership

Citizens Bank of Canada

Wholly-owned subsidiary of Vancity Savings Credit Union, Canada’s largest credit union with over 390,000 members and $14 Billion in assets.

Citizens is the first, and still, the only bank in Canada with an ethical policy that states our position on key social and environmental issues. Citizens Bank was formed to take Vancity beyond the borders of B.C. as a branchless national bank.

Our journey to here...

Community Banking Initiative

The Offer

A full suite of financial products and services Tailored to the unique needs of charitable and not-for-profit

organizations which will increase the organization's financial sustainability

Provide education and outreach To support Capacity-buildings through workshops designed to

raise the awareness financial issues and management Participation in the dialogue of Social Finance and contributing to local, national and international events

Financial Advice The goal is to add value by increasing the awareness of the tools available to not-for-profits and how the various products and services can be effectively leverage to strengthen the organization

Official Launch in January 2009

Focused on the greater Toronto Area (GTA)

Utilize our New Front Street Branch opening in December 2008

Community Business Manager will be on the ground in January 2009

National Contact Centre

Our success and the opportunities that we experience here in the GTA will drive the expansion of the initiative throughout Ontario and the rest of Canada.

The Delivery

Community Banking Initiative

Questions?

Bill Young, Chairperson,

Vartana

Robert Marus, Manager,

Vancity & Citizens Bank