Coast Capital Savings

Member Profile

Coast Capital Savings is Canada’s second largest credit union with total assets under administration of $12.9 billion, 425,000 members and 50 branches in the Metro Vancouver, Fraser Valley and Vancouver Island regions of British Columbia.

Coast Capital Savings’ purpose is to change the way Canadians feel about banking, forever.  Since its founding 10 years ago, it has earned a reputation as an innovator in the marketplace, offering its members Canada’s first free chequing account from a full-service financial institution, the first business account in the country to offer unlimited transactions for a flat fee and a competitive high-interest, no-fee savings account.  Coast Capital Savings was recently recognized for its successful marketing campaigns, winning two best-in-category awards from the Canadian Marketing Association, and has consistently ranked among Canada’s Best Managed Companies and Best Employers.  The credit union’s governance practices earned it the Canadian Co-operative Association Innovations in Co-operative Governance Award in 2008.

Coast Capital Savings is strongly committed to supporting the communities where its members live and work.  The credit union contributes 7% of its pre-tax income each year to the community, supports staff volunteerism through workplace programs, and offers microcredit loans to finance local small businesses.  In 2009, Coast Capital Savings contributed $3.9 million to the community and its employees donated more than 6,000 hours of their time and $365,000 to local charities.

Visit online: www.coastcapitalsavings.com