Coastal Community Credit Union
This Page's Content Was Last Updated: July 21, 2026
Important Information
WOWA.ca provides independent reviews using publicly available data and is not affiliated with Coastal Community Credit Union.
Shopping for financial products in British Columbia? This 2026 Coastal Community Credit Union overview evaluates its latest rates and account features against major Canadian banks and regional credit unions. Select a topic below to inspect specific rates and data:
- Compare Coastal Community Credit Union Mortgage Rates — 1- to 5-year fixed and variable terms.
- Inspect GIC & Savings Rates — Non-registered, TFSA, and RRSP yields backed by CUDIC.
- Financial Overview & Asset Rank — Key performance data for Coastal Community Credit Union (ranked #20 in Canada with $3.5 billion in assets).
- Branch Network & Accounts — Account options and local branch access.
Credit Union
Coastal Community
Coastal Community Credit Union is a credit union located in British Columbia. It was founded in 1945. It primarily serves Vancouver Island and the Gulf Islands.
Coastal Community Credit Union traces its origins to 1945, when Vancouver Island residents began organizing a cooperative financial institution. Nanaimo & District Credit Union was incorporated the following year and later became part of the institution now known as Coastal Community Credit Union.
Coastal Community has grown through mergers and acquisitions into the largest Island based financial organization serving Vancouver Island and the Gulf Islands. It offers personal, business, and commercial banking, along with insurance services and wealth management through related Coastal Community organizations and partners.
Coastal Community’s work focuses on financial health, local decision-making, and community investment. Through grants, scholarships, sponsorships, and local partnerships, it supports initiatives in the communities where its members and employees live and work.
Provinces served
Number of Members (as of 2025): ~110,000
Coastal Community Mortgage Rates
The mortgage rates on this page were last updated on September 21, 2026 at 6:15 PM ET.
| Lender | Term | Insured down payment < 20% | Insurable home < $1M & amortization ≤ 25yr | Uninsured home ≥ $1M or refinances |
|---|---|---|---|---|
| Coastal Community Credit Union | 6-Month Fixed | 6.09% | 6.09% | — |
| Coastal Community Credit Union | 1-Year Fixed | 4.99% | 4.99% | — |
| Coastal Community Credit Union | 2-Year Fixed | 4.54% | 4.54% | — |
| Coastal Community Credit Union | 3-Year Fixed | 4.44% | 4.69% | — |
| Coastal Community Credit Union | 4-Year Fixed | 4.59% | 4.59% | — |
| Coastal Community Credit Union | 5-Year Fixed | 4.44% | 4.69% | 4.74% |
| Coastal Community Credit Union | 7-Year Fixed | 5.04% | 5.04% | — |
| Coastal Community Credit Union | 10-Year Fixed | 5.34% | 5.34% | — |
| Coastal Community Credit Union | 5-Year Variable | 3.75% | 3.95% | 4.05% |
* Rates are for informational purposes only and reflect the lowest rates available. Rates may change at any time and may be applicable only to certain borrowers. Terms and conditions apply. | ||||
Understanding Coastal Community Credit Union Mortgage Features
- Prepayment Privileges: Most credit unions in British Columbia allow members to make annual lump-sum prepayments (10%–20%) and payment increases without penalty.
- Early Termination Penalties: Breaking a fixed-rate mortgage early incurs an Interest Rate Differential (IRD) or 3 months' interest penalty. Variable mortgages typically carry a 3-month interest fee.
- Local Approval: Mortgages are underwritten locally, providing flexible solutions for self-employed buyers and unique property types.
Estimate your payments using WOWA's Mortgage Payment Calculator.
Coastal Community GIC Rates
The GIC rates on this page were last updated on September 21, 2026 at 5:44 PM ET.
| Term | Non-Registered Rate |
|---|---|
| 1-Month | 1.25% |
| 3-Month | 1.50% |
| 6-Month | 2.25% |
| 9-Month | 2.50% |
| 1-Year | 3.05% |
| 1.5-Year | 3.20% |
| 2-Year | 3.25% |
| 3-Year | 3.50% |
| 4-Year | 3.55% |
| 5-Year | 3.75% |
* Rates are for informational purposes only and reflect the highest rates available. Rates may change at any time and may be applicable only to certain depositors. Terms and conditions apply. | |
Coastal Community Credit Union Ranking Among Credit Unions Monitored by WOWA
20th
by Assets
of 134 credit unions
20th
by Loans
of 133 credit unions
20th
by Deposits
of 133 credit unions
Coastal Community Credit Union ranks 20th among Canadian credit unions by assets monitored by WOWA, 20th by loans, and 20th by deposits, as of December 31, 2025. You can view the complete list of Canadian credit unions here.
Coastal Community Credit Union Branch Locations
Chequing and Savings Accounts
The account-related data on this page was last updated on July 20, 2026.
Chequing Accounts
Chequing Account
1. Account: Access Chequing
- Standard Fee
- $7.95/mo
- Free Transactions
- 25
- Insurance Limit
- Unlimited
Account details
- This account allows 25 free transactions.
- Coastal Community Access Chequing is a $7.95-per-month account with 25 included in-branch and self-service transactions per month. The transaction allowance can be used across both banking channels. Additional self-service transactions cost $0.85 each, while additional in-branch withdrawals, transfers, and bill payments are charged separately.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Chequing Account
2. Account: Access Unlimited Chequing
- Standard Fee
- $14.95/mo
- Free Transactions
- Unlimited
- Insurance Limit
- Unlimited
Account details
- This account allows Unlimited free transactions.
- E-Transfers are excluded from the transaction limit and is unlimited.
- Coastal Community Access Unlimited Chequing is a $14.95-per-month account with unlimited full-service and self-service transactions, including in-branch withdrawals, transfers, and bill payments. It also includes free Interac e-Transfers, cheque orders, official cheques, and U.S. drafts.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Chequing Account
3. Account: Chequing Plus
- Standard Fee
- $3.95/mo
- Free Transactions
- 0
- Insurance Limit
- Unlimited
Account details
- The monthly account fee is waived if you maintain a minimum balance of $1,000 in your account.
- This account allows 0 free transactions. Maximum 0 of these transactions can be carried out in branch.
- Unlimited free transactions are included when a minimum monthly balance of $1,000 or more is maintained.
*Interest Rate Breakdown by Balance
Balance amount Interest rate $5,000 to $99,999.99 0.00% $100,000 or over 0.01% - Coastal Community Chequing Plus has a $3.95 monthly fee, which is waived when a minimum monthly balance of $1,000 is maintained. At that balance, full-service and self-service transactions are unlimited. Below $1,000, transactions are charged individually based on the type of service used.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Chequing Account
4. Account: Golden Chequing
- Standard Fee
- Free*
- Free Transactions
- 40
- Insurance Limit
- Unlimited
Account details
- This account allows 40 free transactions.
- *This account is available for seniors only.
- Coastal Community Golden Chequing is a no-monthly-fee account for members age 60 and older. It includes 40 full-service transactions per month, along with free cheque orders, official cheques, and cheque images with monthly statements. Self-service transactions are charged separately at $0.85 each.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Chequing Account
5. Account: Student Chequing
- Standard Fee
- Free*
- Free Transactions
- Unlimited
- Insurance Limit
- Unlimited
Account details
- This account allows Unlimited free transactions.
- E-Transfers are excluded from the transaction limit and is unlimited.
- *This account is available for youth and students only.
- Coastal Community Student Chequing is a no-monthly-fee account for full-time post-secondary students. It includes unlimited full-service and self-service transactions, free Interac e-Transfers, and earns interest on the account balance. Free cheque orders, official cheques, and U.S. drafts are also included.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Savings Accounts
Savings Account
Account: High Interest Savings
- Interest Rate
- 0.35%*
- Standard Fee
- Free
- Free Transactions
- 1
- Insurance Limit
- Unlimited
Account details
- This account allows 1 free transaction.
*Interest Rate Breakdown by Balance
Balance amount Interest rate $0 to $24,999.99 0.350% $25,000 or over 0.500% - Coastal Community High Interest Savings is a no-monthly-fee savings account with no minimum balance requirement. It includes 1 full-service or self-service transaction per month and unlimited online transfers. In-branch withdrawals, transfers, and bill payments cost $5 each, while Interac e-Transfers count toward the included monthly transaction.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Savings Account
Account: Regular Savings
- Interest Rate
- 0.10%
- Standard Fee
- Free
- Free Transactions
- 4
- Insurance Limit
- Unlimited
Account details
- This account allows 4 free transactions.
- Coastal Community Regular Savings is a no-monthly-fee savings account with 4 included full-service transactions per month. Deposits are free and unlimited, including through mobile banking and participating ATMs. Self-service transactions cost $0.85 each, while additional in-branch withdrawals and transfers cost $0.95 each.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Key Financial Metrics and Trends
| Metric | 2025 | YoY Change | 5-Year Change |
|---|---|---|---|
| Assets | $3,528M | +3.8% | +7.9% |
| Loans | $3,008M | +7.4% | +19.9% |
| Deposits | $3,187M | +3.9% | +8.3% |
| Loan-to-Deposit Ratio | 94.4% | — | — |
| Mortgages + HELOCs | $2,261M | +7.6% | +26.5% |
| Securities | $353M | -7.1% | -43.0% |
| Revenue | $105M | +9.4% | +23.5% |
| Efficiency Ratio | 84.6% | — | — |
| Target Members / Region | Vancouver Island and the Gulf Islands | — | — |
Coastal Community Credit Union Deposits, Loans and Revenue in the Past 5 Years
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Contact
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- Interest rates are sourced from financial institutions' websites or provided to us directly. Real estate data is sourced from the Canadian Real Estate Association (CREA) and regional boards' websites and documents.