This Page's Content Was Last Updated: July 21, 2026
Credit Union
Sharon's Credit Union is a credit union located in British Columbia. It was founded in 1989. It primarily serves Korean-Canadian community in Greater Vancouver.
Sharon's Credit Union was founded in 1988 to serve Korean Canadian communities in Vancouver and the Lower Mainland. Its name is derived from the Rose of Sharon, the national flower of Korea, reflecting the cultural background of its founding community. The credit union received its British Columbia charter and began operations in 1989.
Headquartered in Vancouver, Sharon's provides personal and business banking services, including accounts, borrowing, mortgages, investments, and financial advice. Insurance services are also available through a related division.
Although its roots are in the Korean Canadian community, membership is open to a broader public. Sharon's operates as a member owned financial cooperative serving individuals, businesses, and communities across the Lower Mainland.
Provinces served
The account-related data on this page was last updated on July 20, 2026.
Chequing Account
Account details
*Interest Rate Breakdown by Balance
| Balance amount | Interest rate |
|---|---|
| $0 to $999.99 | 0.0% |
| $1,000 or more | 0.1% |
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Savings Account
Account details
*Interest Rate Breakdown by Balance
| Balance amount | Interest rate |
|---|---|
| $0 to $999.99 | 0.0% |
| $1,000 or more | 0.1% |
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
| Metric | 2025 | YoY Change | 5-Year Change |
|---|---|---|---|
| Assets | $591M | +4.6% | +5.9% |
| Loans | $476M | +1.7% | +11.5% |
| Deposits | $554M | +4.7% | +4.9% |
| Mortgages + HELOCs | N/A | N/A | N/A |
| Revenue | $17M | +70.0% | +41.7% |
| Efficiency Ratio | 67.4% | — | — |
| Members | ~16,000 | — | — |
| Branches | 4 | — | — |
| Target Members / Region | Korean-Canadian community in Greater Vancouver | — | — |
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