Coast Capital Savings
Canada’s largest credit union by membership — member-owned banking
Overview
Coast Capital Savings is a federally regulated Canadian credit union headquartered in Surrey, British Columbia. On May 6, 2026 it completed a merger with Prospera and Sunshine Coast credit unions to form one of Canada's largest credit unions, continuing to use the Coast Capital, Prospera and Sunshine Coast brands.
No-Fee Chequing Accounts
Free
Available with no minimum balance or monthly usage limits.
Current Rates
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 2.80% |
| 3-Year GIC | 3.30% |
| 5-Year GIC | 3.50% |
Pros
- • Deposit insurance up to $100,000 per category through CDIC
- • Membership open to Canadians outside Quebec, no provincial residency required
- • No-fee chequing with no minimum balance or monthly transaction cap
Cons
- • Fewer specialized financial products and international banking services than other institutions
Best For
Products & Accounts
Membership Eligibility
Typically excludes Quebec residents. Verify directly with this credit union.
Membership primarily for people who live or work in British Columbia; must open a membership to access products.
Coast Capital Savings became a federal credit union in 2018 and is now open to all Canadians, not just BC residents.
Deposit Protection
CDIC
$100,000 per category
As a federal credit union, Coast Capital is insured by CDIC (Canada Deposit Insurance Corporation) at $100,000 per eligible category.
Digital & Access
- Mobile App
- Online Banking
- Interac e-Transfer
- ATM NetworkTHE EXCHANGE Network + Ding-Free ATMs
- Digital Ratingexcellent
Rate and eligibility data is gathered from official credit union websites and verified comparison sources. Last researched Mar 28, 2026. Always verify rates directly on the official website before making financial decisions.
Official WebsiteRelated reading
