Sharon's Credit Union

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

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Credit Union

Sharon's

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

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: Maximizer

    Standard Fee
    Free
    Free Transactions
    Unlimited
    Insurance Limit
    Unlimited

    Account details

    • This account allows Unlimited free transactions.

      *Interest Rate Breakdown by Balance

      Balance amountInterest rate
      $0 to $999.990.0%
      $1,000 or more0.1%

      Deposit Insurance

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

    Savings Accounts

    • Savings Account

      Account: Plan 24

      Interest Rate
      0.00%*
      Standard Fee
      Free
      Free Transactions
      0
      Insurance Limit
      Unlimited

      Account details

      • This account allows 0 free transactions.

        *Interest Rate Breakdown by Balance

        Balance amountInterest rate
        $0 to $999.990.0%
        $1,000 or more0.1%

        Deposit Insurance

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

      Credit Union Overview

      As of: December 31, 2025
      Metric2025YoY Change5-Year Change
      Assets$591M+4.6%+5.9%
      Loans$476M+1.7%+11.5%
      Deposits$554M+4.7%+4.9%
      Mortgages + HELOCsN/AN/AN/A
      Revenue$17M+70.0%+41.7%
      Efficiency Ratio67.4%
      Members~16,000
      Branches4
      Target Members / RegionKorean-Canadian community in Greater Vancouver

      Sharon's Credit Union Deposits, Loans and Revenue in the Past 5 Years

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      Contact

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      Disclaimer:

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      • 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.