Summary of the opportunity
Since the 1990s, BCNPHA has provided association members with the opportunity to increase their earnings by pooling their operating accounts into one large pool with other non-profit societies, providing each society with better interest rates. Members also receive low service charges, 100% cash liquidity, and quick enrollment.
BCNPHA’s Pooling for Increased Earnings (PIE) program is presently offered through two credit unions. Of the 600 societies who are BCNPHA members, 92 societies are currently in our PIE program and collectively maintain over $400 million in deposits.
In efforts to ensure that the PIE program continues to provide the best available rate and offerings to member housing providers and returns a generous sponsor rate to BCNPHA, the Association is seeking proposals for a supplemental financial institution partner for the PIE program.
Closing date and time
Proposals must be received before 4:30 PM (Pacific) on September 30, 2024.