Concerns raised over proposed credit union

Mable Elmore, MLA for Vancouver-Kensington, issued a warning about an unincorporated credit union being promoted within local Filipino community. | Twitter

The BC Financial Services Authority (BCFSA) says it is investigating a credit union promoted within the Lower Mainland Filipino community, after members of that community began raising questions and concerns about it.

The investigation follows a public service bulletin posted on December 21 by Vancouver-Kensington MLA Mable Elmore, who warned on a Facebook post about an “unauthorized credit union.”

The BCFSA says in a news release that it is “actively investigating the alleged creation and development of a proposed credit union that has publicly promoted itself as both Aubergine

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