About Coast Capital Savings
Coast Capital Savings Federal Credit Union is a member-owned financial co-operative headquartered in Surrey, British Columbia. Founded in 1940, it has grown into one of Canada’s largest credit unions by membership, serving members through a network of branches primarily located in British Columbia, with the ability to serve members nationwide. Coast Capital became a federally regulated credit union in 2018. As a Certified B Corporation, it integrates social and environmental performance into its business practices and reinvests a portion of its profits into community initiatives. Coast Capital has a history of innovation in retail banking, including introducing free chequing accounts as a competitive offering.
Key Features
- One of Canada’s largest credit unions by membership, serving members primarily across British Columbia while operating nationally as a federal credit union
- Member owned cooperative — members have a voice in governance and elect the Board of Directors
- Among the first credit unions in Canada to introduce a free chequing account from a full-service financial institution
- Reinvests a portion of its budgeted bottom line into community programs and initiatives, with over $100 million reinvested since 2000
- Offers everyday banking products including chequing and savings accounts, loans, mortgages, and investment services
- Coast Capital chequing accounts may include features such as low-fee or no-fee everyday banking and added member benefits like identity protection tools on select accounts
- Credit cards issued through partner Collabria Financial Services Inc., including options with rewards and statement credits
- Deposits at Coast Capital are insured by the Canada Deposit Insurance Corporation (CDIC)