Kootenay Savings Credit Union
Your Kootenay community credit union.
Overview
Kootenay Savings Credit Union is a member-owned credit union founded in 1969, serving the West Kootenay region of British Columbia; Columbia Valley Credit Union merged into Kootenay Savings effective January 1, 2026.
No-Fee Chequing Accounts
Free*
- Minimum balance required
- Monthly usage cap
Specific thresholds vary by credit union. Visit Kootenay Savings Credit Union's website for current requirements.
Current Rates
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 2.70% |
| 3-Year GIC | 2.90% |
| 5-Year GIC | 2.95% |
Pros
- • Unlimited deposit insurance through CUDIC, no per-account dollar cap
- • No-fee chequing available with a minimum balance and monthly transaction cap
- • 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
Products & Accounts
Membership Eligibility
British Columbia residents
Open to residents of British Columbia. Membership requires purchase of a membership share.
Deposit Protection
CUDIC
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
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
