Provincial Credit Union Limited
Member-owned banking across Prince Edward Island.
Overview
No detailed description available.
Founded
2021
Members
35000
Assets
$1.6 billion
Branches
10
Current Rates
Verified (Official Source)· Last checked Apr 16, 2026 (2d ago)
High Interest Savings0.55%up to
1-Year GIC2.50%
3-Year GIC2.70%
5-Year Fixed Mortgage4.54%
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 2.50% |
| 3-Year GIC | 2.70% |
| 5-Year GIC | 3.00% |
Pros
- • Solid mobile and online banking with Interac e-Transfer
- • Surcharge-free ATM access through THE EXCHANGE Network
- • Open to all Canadians — easy to join
- • Full wealth management and investment services available
Cons
- • Smaller institution — fewer specialized product tiers than major banks
Best For
Residents of PE looking for a local banking alternativeMembers wanting full-service banking with investment options
Products & Accounts
Chequing
Savings
GICs
RRSP
TFSA
RRIF
Mortgages
Personal Loans
Credit Cards
Business
Investments
Membership Eligibility
StatusRestricted
Requirements:
Prince Edward Island residents
Open to PEI residents. Formed October 2021 from merger of Évangéline-Central, Malpeque Bay, Provincial and Tignish credit unions.
Membership Share (Fee)$5 share purchase
Deposit Protection
Insuring Body
PEI CUDIC
Coverage Limit
$250,000 per category
PEI Credit Union Deposit Insurance Corporation (PEI CUDIC) provides deposit protection up to $250,000 per eligible category.
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