Community Savings Credit Union
This Page's Content Was Last Updated: July 21, 2026
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Credit Union
Community Savings
Community Savings Credit Union is a credit union located in British Columbia. It was founded in 1944. It primarily serves Greater Vancouver and Vancouver Island.
Community Savings Credit Union was founded in British Columbia in 1944 with roots in the labour movement and a focus on serving working people. That history remains part of its current identity, including its public positioning as “the unions’ credit union” and its stated purpose of uniting working people to build a just world.
Community Savings offers personal and business banking as a member owned financial cooperative. It is recognized as British Columbia’s largest fully unionized credit union and maintains a focus on labour rights, economic inclusion, and community investment.
Its community focused work also includes AnXin Community Savings, a division serving Chinese Canadians and Chinese language communities in British Columbia, and Aria Savings, a credit union brand for Persian Canadians and Farsi language communities. Community Savings combines cooperative financial services with a stated focus on equity, worker support, and financial inclusion.
Provinces served
Number of Members (as of 2025): ~15,000
Chequing and Savings Accounts
The account-related data on this page was last updated on July 20, 2026.
Chequing Accounts
Chequing Account
1. Account: Everyday Chequing
- Standard Fee
- $6.00/mo
- Free Transactions
- 30
- 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 30 free transactions.
- Maximum Interac e-Transfer per week: $7,000
- This limit may vary depending on the client profile.
- A step up from Personal Chequing for busy bankers, offering 30 free eligible monthly transactions so members can bank daily without extra fees, with the monthly fee waived at the same $1,000 minimum balance. It carries the same core perks: unlimited ATM and in-branch deposits, buyer protection insurance, and free clickSWITCH service.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Chequing Account
2. Account: Personal
- Standard Fee
- $2.00/mo
- Free Transactions
- 10
- 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 10 free transactions.
- Maximum Interac e-Transfer per week: $7,000
- This limit may vary depending on the client profile.
- An entry-level chequing account for members who don't bank very often, bundling 10 free eligible monthly transactions for a low monthly fee waived at a $1,000 minimum monthly balance. It includes buyer protection insurance and extended warranties on most purchases through the Membercard, plus free clickSWITCH service to move automatic payments over from another bank. Note this account shares its fee structure with two now-discontinued, grandfathered bundles: Packaged Chequing and Special Savings.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Chequing Account
3. Account: Premium
- Standard Fee
- $15.00/mo
- Free Transactions
- Unlimited
- Insurance Limit
- Unlimited
Account details
- The monthly account fee is waived if you maintain a minimum balance of $3,000 in your account.
- The account fee might be waived for seniors.
- This account allows Unlimited free transactions.
- Maximum Interac e-Transfer per week: $7,000
- This limit may vary depending on the client profile.
- Community Savings' top-tier chequing account, offering unlimited full- and self-service transactions with no surprise fees, and the only tier where in-branch withdrawals, transfers, and bill payments are genuinely free rather than bundled into a transaction count. The monthly fee is waived at a $3,000 minimum balance and free outright for members 60 and older, and it includes free personalized cheques on top of the perks shared across all Community Savings accounts.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Savings Accounts
Savings Account
Account: Plan24 Savings
- Interest Rate
- 0.05%
- Standard Fee
- Free
- Free Transactions
- 4
- Insurance Limit
- Unlimited
Account details
- This account allows 4 free transactions.
- Maximum Interac e-Transfer per week: $7,000
- This limit may vary depending on the client profile.
- A no-monthly-fee savings account offering daily interest paid out monthly, positioned as a low-fee way to keep your money accessible rather than locked away. It includes free automatic payroll deposits, free Exchange/ACU Link ATM withdrawals and transfers, and buyer protection and extended warranty coverage through the Membercard, benefits not typically found on a savings account.
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 | $1,002M | +8.7% | +39.7% |
| Loans | $686M | +8.5% | +27.0% |
| Deposits | $943M | +8.4% | +39.7% |
| Loan-to-Deposit Ratio | 72.7% | — | — |
| Mortgages + HELOCs | $483M | +0.4% | N/A |
| Securities | $159M | +31.4% | +62.2% |
| Revenue | $22M | -4.3% | +29.4% |
| Efficiency Ratio | 95.9% | — | — |
| Target Members / Region | Greater Vancouver and Vancouver Island | — | — |
Community Savings Credit Union Deposits, Loans and Revenue in the Past 5 Years
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