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Vancouver's Roman Catholic archdiocese has cancelled a near-decade-old partnership with a credit union, breaking ranks because of the financial institution's high-profile support for the gay community.
Calling that support \"worrisome\" and \"harmful,\" the church has ordered four of its schools to drop out of a junior banking program with the VanCity Credit Union that teaches students about investing and saving money.
At the centre of the dispute is an aggressive ad campaign initiated by the Vancouver-based credit union to woo gay and lesbian customers. An ad that ran in newspapers featured two men in an embrace with the caption: \"I want to bank with people who value all partnerships.\"
The ad ran in mainstream papers as well as gay publications.
The archdiocese took exception and ordered all four Catholic schools that participated in the banking program to quit. One school had run the program for seven years and enrolled 600 students in a savings plan.
. . .
VanCity CEO Dave Mowat said he is disappointed with the archbishop's decision, noting the junior banking program is popular and positive.
Mr. Mowat said the credit union is proud of its attempt to include the gay and lesbian community, calling it a natural evolution.
\"Thirty years ago, when we started making loans to women without their husband co-signers, people thought that was crazy too.
\"So, it's all a continuum I think.\"
And people wonder why we need things like a Pride Parade. I mean, not only are we discriminated against, but even non-gay people/institutions/companies that try to do business with us are targeted. Sheesh.
Calling that support \"worrisome\" and \"harmful,\" the church has ordered four of its schools to drop out of a junior banking program with the VanCity Credit Union that teaches students about investing and saving money.
At the centre of the dispute is an aggressive ad campaign initiated by the Vancouver-based credit union to woo gay and lesbian customers. An ad that ran in newspapers featured two men in an embrace with the caption: \"I want to bank with people who value all partnerships.\"
The ad ran in mainstream papers as well as gay publications.
The archdiocese took exception and ordered all four Catholic schools that participated in the banking program to quit. One school had run the program for seven years and enrolled 600 students in a savings plan.
. . .
VanCity CEO Dave Mowat said he is disappointed with the archbishop's decision, noting the junior banking program is popular and positive.
Mr. Mowat said the credit union is proud of its attempt to include the gay and lesbian community, calling it a natural evolution.
\"Thirty years ago, when we started making loans to women without their husband co-signers, people thought that was crazy too.
\"So, it's all a continuum I think.\"
