Consolidated Credit Union
This Page's Content Was Last Updated: July 21, 2026
Credit Union
Consolidated
Consolidated Credit Union is a credit union located in Prince Edward Island. It was founded in 1969. It primarily serves Summerside and area.
Consolidated Credit Union is a Prince Edward Island credit union headquartered in Summerside. It serves members in the western part of the province with personal and business banking, chequing and savings accounts, loans, mortgages, investments, credit cards, financial planning, and insurance related services.
The credit union operates as a member owned financial cooperative governed by directors elected by its members.
Consolidated Credit Union is also associated with community programs, including the naming partnership for Consolidated Credit Union Place in Summerside and participation in the Each One, Teach One financial literacy program. Member deposits are protected through the PEI Credit Union Deposit Insurance Corporation.
Provinces served
Chequing and Savings Accounts
The account-related data on this page was last updated on July 20, 2026.
Chequing Accounts
Chequing Account
1. Account: Core Spending
- Standard Fee
- $6.00/mo
- Free Transactions
- 25
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- The account fee may be waived for students and youth.
- The account fee might be waived for seniors.
- This account allows 25 free transactions.
Deposit Insurance
Deposits are insured by the PEI Credit Union Deposit Insurance Corporation (CUDIC).
Savings Accounts
Savings Account
Account: Peak Savings Account
- Interest Rate
- 0.50%*
- Standard Fee
- Free
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
*Interest Rate Breakdown by Balance
Balance amount Interest rate $0 to $99,999.99 0.50% $100,000 to $199,999.99 1.65% $200,000 to $499,999.99 2.35% $500,000 or over 2.50% Deposit Insurance
Deposits are insured by the PEI Credit Union Deposit Insurance Corporation (CUDIC).
Credit Union Overview
| Metric | 2025 | 5-Year Change |
|---|---|---|
| Assets | $351M | N/A |
| Loans | $293M | N/A |
| Deposits | $326M | N/A |
| Mortgages + HELOCs | $165M | N/A |
| Revenue | $16M | N/A |
| Efficiency Ratio | 89.2% | — |
| Members | ~7,000 | — |
| Branches | 3 | — |
| Target Members / Region | Summerside and area | — |
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Contact
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