K halsa Credit Union (KCU) put the finishing touches to its 30th Anniversary celebrations with a glittering gala held on August 21, 2016. Co-hosted by Harnarayan Singh of Hockey Night in Punjabi fame and local television personality Amrit Bhatti, the event was attended by upwards of 800 members of KCU and featured a jam packed program including musical selections and an enthusiastic dance performance by a young female troupe.
KCU is a full service financial institution with five branches in Abbotsford, Surrey, Vancouver and Victoria. Its vision is to be the Sikh community’s first choice for financial services and is generally believed to be the largest Sikh owned financial institution in the world.
In his opening remarks, Mr. Harinder Singh Sohi, Chairman of the Board of Directors of KCU, paid tribute to the 51 founding members of KCU and thanked them for their vision and foresight. CEO Dalbir Mehta spoke to the recent growth spurt of KCU which should see the credit union reach $400 million in assets and 15,000 members by the end of 2016. KCU will be opening a new branch at the Little India Plaza in Surrey early in 2017 and will be relocating their Vancouver office as well.
Each year KCU provides scholarships to deserving high school students and these were awarded during the evening in four categories: academic; religious; sports; bursaries. In keeping with its mandate to support education, culture and religion, thirty scholarships totaling $45,000 was given during 2016 to enable young people to continue their education. A touching “story telling” video was produced and shown at the gala. Participants spoke of the many ways that KCU had helped them reach their career and professional goals.