East Coast Credit Union
This Page's Content Was Last Updated: July 21, 2026
Important Information
We are not affiliated with East Coast Credit Union. We are an informational website that provides information on lenders across Canada and the financial products they offer.
Credit Union
East Coast
East Coast Credit Union is a credit union located in Nova Scotia. It was founded in 1933 through the merger of Heritage Credit Union. It primarily serves Eastern regions.
East Coast Credit Union traces its roots to 1933, when farmers and fishers in rural Nova Scotia organized a cooperative financial institution to improve access to credit and keep local savings working in their communities. Since then, East Coast has grown into one of Nova Scotia’s larger credit unions.
Headquartered in Dartmouth, East Coast serves members across Nova Scotia with personal and business banking, lending, mortgages, investments, and financial advice. Its work is focused on local service, community investment, and the cooperative principle that members are also owners.
East Coast is also a certified B Corporation, reflecting verified social and environmental standards. It is currently exploring a merger with Acadian Credit Union, iNova Credit Union, and Teachers Plus Credit Union, a proposal that could create a larger province wide cooperative financial institution.
Provinces served
Number of Members (as of 2025): ~60,000
Chequing and Savings Accounts
The account-related data on this page was last updated on July 20, 2026.
Chequing Accounts
Chequing Account
1. Account: Preferred Plan
- Standard Fee
- $15.95/mo
- Free Transactions
- Unlimited
- Insurance Limit
- $250,000 per category
Account details
- The monthly account fee is waived if you maintain a minimum balance of $4,000 in your account.
- The account fee may be waived for students and youth.
- This account allows Unlimited free transactions.
- East Coast Credit Union Preferred Plan is a $15.95-per-month chequing account with unlimited transactions and Interac e-Transfers. It includes 4 non-credit-union ATM withdrawals per month, basic personalized cheques, stop payments, and a 50% safety deposit box discount. The monthly fee is waived with a $4,000 balance and reduced for members age 59 and older.
Deposit Insurance
Deposits are insured by the Nova Scotia Credit Union Deposit Insurance Corporation (CUDIC). "Category" generally means separate coverage for each account type, such as individual, joint, trust, and each registered plan, though exact definitions vary slightly by province.
Chequing Account
2. Account: Value Plan
- Standard Fee
- $4.00/mo
- Free Transactions
- 15
- Insurance Limit
- $250,000 per category
Account details
- The monthly account fee is waived if you maintain a minimum balance of $2,000 in your account.
- The account fee might be waived for seniors.
- This account allows 15 free transactions.
- E-Transfers are excluded from the transaction limit and is unlimited.
- East Coast Credit Union Value Plan is a $4-per-month chequing account with 15 included transactions and unlimited Interac e-Transfers. The monthly fee is waived by maintaining a minimum monthly balance of $2,000 and is also waived for members age 59 and older.
Deposit Insurance
Deposits are insured by the Nova Scotia Credit Union Deposit Insurance Corporation (CUDIC). "Category" generally means separate coverage for each account type, such as individual, joint, trust, and each registered plan, though exact definitions vary slightly by province.
Savings Accounts
Savings Account
Account: Everyday Savings
- Standard Fee
- Free
- Free Transactions
- 2
- Insurance Limit
- $250,000 per category
Account details
- This account allows 2 free transactions.
- No source is available for the account’s interest rate.
- East Coast Credit Union Everyday Savings is a no-monthly-fee savings account with interest based on the daily closing balance and paid monthly. It includes unlimited free online or electronic transfers to other East Coast Credit Union accounts and 2 free cash withdrawals per month. Interac e-Transfers cost $1.50 each.
Deposit Insurance
Deposits are insured by the Nova Scotia Credit Union Deposit Insurance Corporation (CUDIC). "Category" generally means separate coverage for each account type, such as individual, joint, trust, and each registered plan, though exact definitions vary slightly by province.
Savings Account
Account: High Interest Savings
- Interest Rate
- 0.55%
- Standard Fee
- Free
- Free Transactions
- 0
- Insurance Limit
- $250,000 per category
Account details
- This account allows 0 free transactions.
- East Coast Credit Union High Interest Savings is a no-monthly-fee savings account with unlimited free online or electronic transfers to other East Coast Credit Union accounts. Non-electronic transactions and electronic transfers to accounts outside East Coast Credit Union are charged individually, including outgoing Interac e-Transfers.
Deposit Insurance
Deposits are insured by the Nova Scotia Credit Union Deposit Insurance Corporation (CUDIC). "Category" generally means separate coverage for each account type, such as individual, joint, trust, and each registered plan, though exact definitions vary slightly by province.
Key Financial Metrics and Trends
| Metric | 2025 | YoY Change | 5-Year Change |
|---|---|---|---|
| Assets | $1,775M | +16.2% | +65.9% |
| Loans | $1,508M | +15.6% | +82.1% |
| Deposits | $1,521M | +16.4% | +60.4% |
| Loan-to-Deposit Ratio | 99.1% | — | — |
| Mortgages + HELOCs | $766M | +13.8% | +59.6% |
| Securities | $26M | +23.8% | -29.7% |
| Revenue | $70M | +20.7% | +100.0% |
| Efficiency Ratio | 80.2% | — | — |
| Target Members / Region | Eastern regions | — | — |
East Coast 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 East Coast Credit Union and would like to add or update information on this page, please fill out the form.
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.