Kootenay Savings Credit Union
This Page's Content Was Last Updated: July 21, 2026
Credit Union
Kootenay Savings
Kootenay Savings Credit Union is a credit union located in British Columbia. It was founded in 1969. It primarily serves Kootenay and Columbia Valley regions of British Columbia.
Kootenay Savings Credit Union was formed on January 1, 1969, through the amalgamation of credit unions in Trail, Fruitvale, and Castlegar. From those regional cooperative roots, it developed into a financial institution serving Kootenay communities in southeastern British Columbia.
Headquartered in Trail, Kootenay Savings offers personal, business, and commercial banking, along with wealth management and insurance services through related organizations and partners. Its operations, leadership, and community work remain centred in the Kootenays.
Kootenay Savings also operates the Kootenay Savings Community Foundation, established in 2000 to support nonprofit initiatives in areas such as education, health, culture, the environment, social well-being, and economic development. Through the foundation, sponsorships, bursaries, and local partnerships, it supports organizations and projects in the communities it serves.
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: Freedom
- Standard Fee
- $7.50/mo
- Free Transactions
- 50
- Insurance Limit
- Unlimited
Account details
- This account allows 50 free transactions. Maximum 0 of these transactions can be carried out in branch.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Chequing Account
2. Account: Lite
- Standard Fee
- Free
- Free Transactions
- 1
- Insurance Limit
- Unlimited
Account details
- This account allows 1 free transaction.
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
- $16.50/mo
- 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: Summit Savings®
- Interest Rate
- 0.35%*
- Standard Fee
- Free
- Free Transactions
- 1
- Insurance Limit
- Unlimited
Account details
- This account allows 1 free transaction.
*Interest Rate Breakdown by Balance
Balance amount Interest rate $0.00 to $4,999 0.35% $5,000 to $9,999 0.50% $10,000 to $24,999 0.60% $25,000 to $99,999 0.90% $100,000 or over 1.00% 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 | $1.85B | +8.4% | +26.5% |
| Loans | $1.61B | +11.5% | +40.5% |
| Deposits | $1.65B | +6.0% | +21.9% |
| Mortgages + HELOCs | $1.13B | +7.8% | -1.4% |
| Revenue | $45M | +28.6% | +25.0% |
| Efficiency Ratio | 77.9% | — | — |
| Members | ~40,000 | — | — |
| Branches | 11 | — | — |
| Target Members / Region | Kootenay and Columbia Valley regions of British Columbia | — | — |
Kootenay Savings Credit Union Deposits, Loans and Revenue in the Past 5 Years
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Contact
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