Vancity
Community-focused provincial credit union serving BC
Overview
Vancity (Vancouver City Savings Credit Union) is a provincially regulated credit union based in Vancouver, BC that offers chequing and savings accounts, credit cards and other retail banking services. It operates primarily in British Columbia and runs promotional high-rate savings offers from time to time.
Current Rates
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 2.85% |
| 3-Year GIC | 3.25% |
| 5-Year GIC | 3.10% |
Pros
- • Highly competitive mortgage rates (5yr fixed at 3.64%)
- • 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 60+ locations
Cons
- • Smaller institution — fewer specialized product tiers than major banks
Best For
Products & Accounts
Membership Eligibility
Membership required; primarily serves BC residents (provincially regulated).
Vancity serves Metro Vancouver and select BC communities. Members must live, work, or volunteer in a qualifying area.
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 (ding-free)
- Digital Ratingexcellent
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