Prosperity 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 Prosperity Credit Union.
Shopping for financial products in Saskatchewan? This 2026 Prosperity 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 Prosperity Credit Union Mortgage Rates — 1- to 5-year fixed and variable terms.
- Inspect GIC & Savings Rates — Non-registered, TFSA, and RRSP yields backed by CUDGC.
- Financial Overview & Asset Rank — Key performance data for Prosperity Credit Union (ranked #27 in Canada with $2.3 billion in assets).
- Branch Network & Accounts — Account options and local branch access.
Credit Union
Prosperity
Prosperity Credit Union is a credit union located in Saskatchewan. It was founded in 2025 through the merger of Prairie Centre Credit Union, Cypress Credit Union and and Diamond North Credit Union. It primarily serves Rural Saskatchewan communities.
Prosperity Credit Union is a Saskatchewan based credit union formed in 2025 through the merger of Diamond North Credit Union, Prairie Centre Credit Union, and Cypress Credit Union. The merger brought together three rural cooperative institutions with roots in different parts of the province.
Prosperity serves members in rural Saskatchewan with personal, business, and agricultural banking, lending, mortgages, investments, and financial advice. Its work focuses on local relationships, member ownership, and financial services for families, farms, businesses, and communities.
As a member owned cooperative, Prosperity’s stated purpose is connected to the financial well-being of its members and the long term strength of the communities it serves. Its identity reflects rural Saskatchewan, local ownership, and cooperative financial service.
Provinces served
Number of Members (as of 2025): ~35,000
Prosperity 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 |
|---|---|---|---|
| Prosperity Credit Union | 1-Year Fixed | 4.62% | 4.82% |
| Prosperity Credit Union | 2-Year Fixed | 4.16% | 4.36% |
| Prosperity Credit Union | 3-Year Fixed | 3.91% | 4.11% |
| Prosperity Credit Union | 4-Year Fixed | 3.99% | 4.19% |
| Prosperity Credit Union | 5-Year Fixed | 4.06% | 4.16% |
* 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 Prosperity Credit Union Mortgage Features
- Prepayment Privileges: Most credit unions in Saskatchewan 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.
Prosperity 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-Year | 2.80% |
| 2-Year | 2.80% |
| 3-Year | 2.90% |
| 4-Year | 2.82% |
| 5-Year | 2.92% |
* 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. | |
Prosperity Credit Union Ranking Among Credit Unions Monitored by WOWA
27th
by Assets
of 134 credit unions
29th
by Loans
of 133 credit unions
26th
by Deposits
of 133 credit unions
Prosperity Credit Union ranks 27th among Canadian credit unions by assets monitored by WOWA, 29th by loans, and 26th by deposits, as of December 31, 2025. You can view the complete list of Canadian credit unions here.
Prosperity 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: Basic Chequing
- Standard Fee
- $4.00/mo
- Free Transactions
- 12
- Insurance Limit
- Unlimited
Account details
- This account allows 12 free transactions.
- Prosperity Credit Union Basic Chequing is a $4-per-month account with 12 included debit transactions per month. Additional debit transactions cost $1 each. Interac e-Transfers are separate from the monthly transaction allowance, with outgoing e-Transfers costing $1.50 each and incoming e-Transfers included at no charge.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Saskatchewan).
Chequing Account
2. Account: Premium Chequing
- Standard Fee
- $25.00/mo
- Free Transactions
- Unlimited
- Insurance Limit
- Unlimited
Account details
- The monthly account fee is waived if you maintain a minimum balance of $7,500 in your account.
- This account allows Unlimited free transactions.
- Prosperity Credit Union Premium Chequing is a $25-per-month account with unlimited transactions and Interac e-Transfers. It includes free cheque orders, certified cheques, stop payments, a small safety deposit box, and an annual fee rebate on an eligible credit card. The monthly fee is waived with a $7,500 minimum monthly balance.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Saskatchewan).
Savings Accounts
Savings Account
Account: Everyday Savings
- Standard Fee
- Free
- Free Transactions
- 2
- Insurance Limit
- Unlimited
Account details
- This account allows 2 free transactions.
- No source is available for the account’s interest rate.
- Prosperity Credit Union Everyday Savings is a no-monthly-fee savings account with unlimited free deposits and 2 free debit transactions per month. Self-serve electronic transfers to a Prosperity chequing account are free and excluded from the debit allowance. Incoming Interac e-Transfers are free, while outgoing e-Transfers cost $1.50 each.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Saskatchewan).
Savings Account
Account: Premium Savings
- Standard Fee
- Free
- Free Transactions
- 2
- Insurance Limit
- Unlimited
Account details
- This account allows 2 free transactions.
- No source is available for the account’s interest rate.
- Prosperity Credit Union Premium Savings is a no-monthly-fee savings account with unlimited free deposits and 2 free debit transactions per month. Additional debit transactions cost $3 each. The account does not support Interac e-Transfers, while online and mobile banking remain available for account management.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Guarantee Corporation (CUDGC Saskatchewan).
Key Financial Metrics and Trends
| Metric | 2025 | YoY Change | 5-Year Change |
|---|---|---|---|
| Assets | $2,303M | +5.3% | +5.3% |
| Loans | $1,696M | +1.3% | +1.3% |
| Deposits | $2,058M | +5.5% | +5.5% |
| Loan-to-Deposit Ratio | 82.4% | — | — |
| Mortgages + HELOCs | $409M | +0.2% | +0.2% |
| Securities | $413M | +82.7% | +82.7% |
| Revenue | $73M | +4.3% | +4.3% |
| Efficiency Ratio | 76.9% | — | — |
| Target Members / Region | Rural Saskatchewan communities | — | — |
Prosperity Credit Union Deposits, Loans and Revenue in the Past 5 Years
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Contact
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Disclaimer:
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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.