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Coast Capital Savings

Canada’s largest credit union by membership — member-owned banking

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HQ: Surrey, BC

Overview

Coast Capital Savings is a federally regulated credit union headquartered in Surrey, British Columbia, offering everyday banking, mortgages, investments and community-focused services across BC. It operates branches throughout Metro Vancouver, the Fraser Valley, Vancouver Island and the Okanagan and provides digital banking through a mobile app and online banking.

Founded
1940
Members
593,000+
Assets
$23 billion
Branches
47

Current Rates

Verified (Official Source)· Last checked Apr 16, 2026 (2d ago)
High Interest Savings0.30%up to
1-Year GIC2.80%
3-Year GIC3.30%
5-Year Fixed Mortgage4.09%

GIC Rate Ladder

TermRate
1-Year GIC2.80%
3-Year GIC3.30%
5-Year GIC3.50%

Pros

  • Highly competitive mortgage rates (5yr fixed at 3.79%)
  • Full-featured digital banking — app, online, e-Transfer and broad ATM access
  • Access to THE EXCHANGE + ACCULINK ATM network — thousands of surcharge-free ATMs
  • Extensive branch network with 47+ locations

Cons

  • Smaller institution — fewer specialized product tiers than major banks

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
HISA
GICs
RRSP
TFSA
RRIF
Mortgages
Personal Loans
Business
Investments
Insurance

Membership Eligibility

StatusOpen to All

Typically excludes Quebec residents. Verify directly with this credit union.

Requirements:

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.

Membership Share (Fee)$5 share purchase

Deposit Protection

Insuring Body

CDIC

Coverage Limit

$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
About This Data

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 Website