Consolidated Credit Union
Member-owned credit union in Summerside, Prince Edward Island.
Overview
Consolidated Credit Union is a member-owned Prince Edward Island credit union based in Summerside.
No-Fee Chequing Accounts
$14.50/mo
Standard monthly chequing fee. No free-tier option available at this credit union.
Other account options may be available. Visit Consolidated Credit Union's website for full pricing.
Current Rates
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 2.55% |
| 3-Year GIC | 2.70% |
| 5-Year GIC | 3.25% |
Pros
- • Deposit insurance up to $250,000 per category through PEI CUDIC
- • Solid digital banking with mobile app, online banking, and Interac e-Transfer
- • Surcharge-free ATM access through THE EXCHANGE Network
Cons
- • No no-fee chequing option, all chequing accounts carry a monthly fee
- • Digital banking is functional but less polished than top-tier credit unions
Best For
Products & Accounts
Membership Eligibility
Prince Edward Island residents
Open to residents of Prince Edward Island. Membership requires purchase of a membership share.
Deposit Protection
PEI CUDIC
Unlimited in registered accounts. $250,000 per category in non-registered.
PEI Credit Union Deposit Insurance Corporation (PEI CUDIC) provides unlimited protection in registered accounts and up to $250,000 per category in non-registered accounts at Ontario credit unions.
Digital & Access
- Mobile App
- Online Banking
- Interac e-Transfer
- ATM NetworkTHE EXCHANGE Network
- Digital Ratingfair
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 WebsiteRelated reading
