Community Savings Credit Union

Canada flag WOWA® Simply Know Your Options

This Page's Content Was Last Updated: July 21, 2026

Community Savings Credit Union logo

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

British Columbia

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.

    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.

    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.

    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.

    Deposit Insurance

    Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.

Credit Union Overview

As of: September 30, 2025
Metric2025YoY Change5-Year Change
Assets$1B+8.7%+39.7%
Loans$686M+8.5%+27.0%
Deposits$943M+8.4%+39.7%
Mortgages + HELOCs$483M+0.4%N/A
Revenue$22M-4.3%+29.4%
Efficiency Ratio95.9%
Members~15,000
Branches7
Target Members / RegionGreater Vancouver and Vancouver Island

Community Savings Credit Union Deposits, Loans and Revenue in the Past 5 Years

For deeper insights into all Canadian lenders, subscribe to our comprehensive Lenders Report, with plans starting at just $100 per month.

Contact

If you're from Community Savings Credit Union and would like to add or update information on this page, please fill out the form.

Your information will only be used to respond to your inquiry.

Disclaimer:

  • Any analysis or commentary reflects the opinions of WOWA.ca analysts and should not be considered financial advice. Please consult a licensed professional before making any decisions.
  • The calculators and content on this page are for general information only. WOWA® does not guarantee the accuracy and is not responsible for any consequences of using the calculator.
  • Financial institutions and brokerages may compensate us for connecting customers to them through payments for advertisements, clicks, and leads.
  • 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.