Coastal Financial Credit Union
This Page's Content Was Last Updated: July 21, 2026
Important Information
WOWA.ca is an independent financial comparison platform and is not affiliated with Coastal Financial Credit Union.
Read our independent Coastal Financial Credit Union review to compare financial metrics, chequing fees, and branch locations across Nova Scotia. As of 2026, Coastal Financial Credit Union ranks #97 among Canadian credit unions with $254 million in total assets.
Quick Jump: Chequing & Savings Accounts|Financial Metrics
Credit Union
Coastal Financial
Coastal Financial Credit Union is a credit union located in Nova Scotia. It was founded in 1937. It primarily serves Southwest Nova Scotia.
Coastal Financial Credit Union has served southwest Nova Scotia since 1937. Headquartered in the Yarmouth area, it serves communities along the Acadian and South Shore coastlines, including Yarmouth, Tusket, Wedgeport, Pubnico, and Barrington.
The credit union offers personal and business banking, borrowing, mortgages, investments, insurance, and related financial services. Membership is open to individuals and businesses in the communities it serves.
Coastal Financial Credit Union operates as a member owned financial cooperative governed by directors elected by its members. Member deposits are protected through the Nova Scotia Credit Union Deposit Insurance Corporation.
Provinces served
Number of Members (as of 2025): ~6,000
Coastal Financial Credit Union Ranking Among Credit Unions Monitored by WOWA
97th
by Assets
of 134 credit unions
97th
by Loans
of 133 credit unions
97th
by Deposits
of 133 credit unions
Coastal Financial Credit Union ranks 97th among Canadian credit unions by assets monitored by WOWA, 97th by loans, and 97th by deposits, as of December 31, 2025. You can view the complete list of Canadian credit unions here.
Coastal Financial 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: YOUR Chequing 15
- Standard Fee
- $5.00/mo
- Free Transactions
- 15
- Insurance Limit
- $250,000 per category
Account details
- This account allows 15 free transactions.
- Coastal Financial Credit Union YOUR Chequing 15 is a $5-per-month chequing account with 15 included transactions covering cheque clearing, in-branch withdrawals, direct payments, and pre-authorized debits. It includes a Mastercard Payment Card and online banking access. Members age 59 and older pay a reduced monthly fee of $3.75 through the Senior variant.
Deposit Insurance
Deposits are insured by the Nova Scotia Credit Union Deposit Insurance Corporation (CUDIC). "Category" generally means separate coverage for each account type, such as individual, joint, trust, and each registered plan, though exact definitions vary slightly by province.
Savings Accounts
Savings Account
Account: Coastal TrueSave
- Interest Rate
- 0.55%
- Standard Fee
- Free
- Insurance Limit
- $250,000 per category
- Coastal Financial Credit Union Coastal TrueSave is a no-monthly-fee high-interest savings account paying a flat 0.55% rate regardless of balance. Transfers between eligible Coastal Financial accounts are available without a monthly account fee. The account keeps funds accessible and does not require a minimum balance to earn the posted rate.
Deposit Insurance
Deposits are insured by the Nova Scotia Credit Union Deposit Insurance Corporation (CUDIC). "Category" generally means separate coverage for each account type, such as individual, joint, trust, and each registered plan, though exact definitions vary slightly by province.
Key Financial Metrics and Trends
| Metric | 2025 | 5-Year Change |
|---|---|---|
| Assets | $254M | N/A |
| Loans | $188M | N/A |
| Deposits | $234M | N/A |
| Loan-to-Deposit Ratio | 80.3% | — |
| Mortgages + HELOCs | $110M | N/A |
| Securities | $33M | N/A |
| Revenue | $8M | N/A |
| Efficiency Ratio | 80.0% | — |
| Target Members / Region | Southwest Nova Scotia | — |
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Contact
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