Souris Credit Union Limited logo

Souris Credit Union Limited

Member-owned credit union in Souris, Prince Edward Island.

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HQ: Souris, PE
902-687-2721

Overview

Souris Credit Union is a member-owned Prince Edward Island credit union based in Souris, with over 3,500 owners.

Members
3,500+
Branches
1

No-Fee Chequing Accounts

$0.00*
Verdict

Free*

To Qualify
  • Minimum balance required

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

Current Rates

Verified (Official Source)· Last checked Jul 2, 2026 (13d ago)
High Interest Savings2.65%up to
1-Year GIC2.45%
3-Year GIC2.65%
5-Year Fixed MortgageNot available

GIC Rate Ladder

TermRate
1-Year GIC2.45%
3-Year GIC2.65%
5-Year GIC2.80%
See detailed rate history per product

Pros

  • • Deposit insurance up to $250,000 per category through PEI CUDIC
  • • No-fee chequing available with a minimum balance requirement
  • • Solid digital banking with mobile app, online banking, and Interac e-Transfer

Cons

  • • Small branch network limits in-person banking options outside the home region
  • • Current rates are not consistently published on the website, contact the credit union directly for quotes

Best For

Residents of PE looking for a local banking alternativeSavers seeking above-average deposit 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:

Prince Edward Island residents

Open to residents of Prince Edward Island. Membership requires purchase of a membership share.

Membership Share (Fee)$5 share purchase

Deposit Protection

Insuring Body

PEI CUDIC

Coverage Limit

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
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