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Coastal Community Credit Union

Your Vancouver Island-based, full-service financial organization

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HQ: Chemainus, BC
250-246-4704

Overview

Coastal Community Credit Union is a member-owned, Vancouver Island-based credit union serving communities across Vancouver Island and B.C.'s coastal region.

Founded
1945
Members
120,000
Assets
$3.5 billion
Branches
24

No-Fee Chequing Accounts

$0.00*
Verdict

Free*

To Qualify
  • Minimum balance required

Specific thresholds vary by credit union. Visit Coastal Community Credit Union's website for current requirements.

Current Rates

Verified (Official Source)· Last checked Jul 2, 2026 (12d ago)
High Interest Savings0.50%up to
1-Year GIC2.50%
3-Year GIC2.70%
5-Year Fixed Mortgage4.14%

GIC Rate Ladder

TermRate
1-Year GIC2.50%
3-Year GIC2.70%
5-Year GIC3.00%
See detailed rate history per product

Pros

  • • Unlimited deposit insurance through CUDIC, no per-account dollar cap
  • • No-fee chequing available with a minimum balance requirement
  • • Solid digital banking with mobile app, online banking, and Interac e-Transfer

Cons

  • • Fewer specialized financial products and international banking services than other institutions

Best For

Residents of BC looking for a local banking alternativeHomebuyers seeking competitive mortgage ratesMembers wanting full-service banking with investment options

Products & Accounts

Chequing
Savings
GICs
RRSP
TFSA
RRIF
Mortgages
Personal Loans
Credit Cards
Business
Investments
Insurance

Membership Eligibility

StatusRestricted
Requirements:

British Columbia residents

Open to residents of British Columbia. Membership requires purchase of a membership share.

Membership Share (Fee)$5 share purchase

Deposit Protection

Insuring Body

CUDIC

Coverage Limit

Unlimited

BC's Credit Union Deposit Insurance Corporation (CUDIC), administered by the BC Financial Services Authority (BCFSA), provides unlimited protection on all eligible deposits.

Digital & Access

  • Mobile App
  • Online Banking
  • Interac e-Transfer
  • ATM NetworkTHE EXCHANGE Network
  • Digital Ratinggood
About This Data

Rate and eligibility data is gathered from official credit union websites and verified comparison sources. Always verify rates directly on the official website before making financial decisions.

Official Website