CVRD News

Posted on: August 10, 2016

Island Savings’ Sponsorship for Naming Rights, Not Operational Decision Making

Island Savings’ Sponsorship for Naming Rights, Not Operational Decision Making

Duncan, BC – Since the decision was made by the Island Savings Centre Commission to remove the large maple tree on James Street, some opponents have been voicing their concerns to staff at Island Savings branches.

The decision about the future of the maple tree was made by the Island Savings Centre Commission, which is made up of elected officials representing North Cowichan, Duncan and the Cowichan Valley Regional District (CVRD), with no input from the Island Savings division of First West Credit Union.

“Island Savings has delivered significant financial support to the community through their sponsorship of the community centre,” says John Elzinga, General Manager Community Services. “They have done so without influence over program, service or capital project decisions.”

The funds associated with the credit union’s corporate sponsorship are stewarded by both the Island Savings Centre Commission and the CVRD, neither of which include representation from Island Savings.

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