Prospera Credit Union
BC's member-owned credit union, applying to merge with Coast Capital.
Overview
No detailed description available.
Founded
1943
Members
115000
Assets
$9.5 billion
Branches
29
Current Rates
Verified (Official Source)· Last checked Apr 16, 2026 (2d ago)
High Interest Savings0.70%up to
1-Year GIC2.80%
3-Year GIC3.35%
5-Year Fixed Mortgage3.94%
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 2.80% |
| 3-Year GIC | 3.35% |
| 5-Year GIC | 3.35% |
Pros
- • Solid savings rate of 0.7%
- • Highly competitive mortgage rates (5yr fixed at 3.94%)
- • Solid mobile and online banking with Interac e-Transfer
- • Surcharge-free ATM access through THE EXCHANGE Network
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
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