Khalsa Credit Union
This Page's Content Was Last Updated: July 21, 2026
Credit Union
Khalsa
Khalsa Credit Union is a credit union located in British Columbia. It was founded in 1986. It primarily serves BC Sikh community.
Khalsa Credit Union was established in British Columbia in 1986 by members of the province’s Sikh community. It was created to provide cooperative financial services with cultural understanding and community based service for members whose needs were not always well served by mainstream financial institutions.
Khalsa offers personal and business banking, lending, mortgages, investments, and financial advice. Its identity is connected to Sikh values such as seva, equality, accountability, generosity, and community service. It serves Sikh and like minded communities across British Columbia while operating as a member owned credit union.
Khalsa’s community work includes scholarships, bursaries, charitable giving, and youth financial literacy initiatives, including support for Junior Achievement British Columbia’s Dollars with Sense program. Its work combines financial services with support for culture, education, and community development.
Provinces served
Chequing and Savings Accounts
The account-related data on this page was last updated on July 20, 2026.
Chequing Accounts
Chequing Account
1. Account: KCU Free Unlimited Chequing
- Standard Fee
- Free
- Free Transactions
- Unlimited
- Insurance Limit
- Unlimited
Account details
- This account allows Unlimited free transactions.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Savings Accounts
Savings Account
Account: KCU Regular Savings
- Interest Rate
- 0.15%
- Standard Fee
- Free
- Free Transactions
- 2
- Insurance Limit
- Unlimited
Account details
- This account allows 2 free transactions.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Savings Account
Account: KCU Special Savings
- Interest Rate
- 0.30%
- Standard Fee
- Free
- Free Transactions
- Unlimited
- Insurance Limit
- Unlimited
Account details
- This account allows Unlimited free transactions.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Credit Union Overview
| Metric | 2025 | YoY Change | 5-Year Change |
|---|---|---|---|
| Assets | $922M | +12.3% | +35.0% |
| Loans | $750M | +8.5% | +39.9% |
| Deposits | $851M | +12.7% | +33.6% |
| Mortgages + HELOCs | N/A | N/A | N/A |
| Revenue | $22M | +15.8% | +46.7% |
| Efficiency Ratio | 66.8% | — | — |
| Members | ~24,000 | — | — |
| Branches | 6 | — | — |
| Target Members / Region | BC Sikh community | — | — |
Khalsa Credit Union Deposits, Loans and Revenue in the Past 5 Years
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Contact
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