Vancity Credit Union
This Page's Content Was Last Updated: July 21, 2026
Credit Union
Vancity
Vancity Credit Union is a credit union located in British Columbia. It was founded in 1946. It primarily serves Southwestern Region of British Columbia.
Vancouver City Savings Credit Union, known as Vancity, is Canada’s largest community credit union and is headquartered in Vancouver, British Columbia. It was founded in 1946 by Vancouver residents who wanted to expand access to banking and credit through an open bond, community based cooperative.
Vancity has been associated with several developments in Canadian financial services. It was the first financial institution in Canada to provide mortgages to women without a male co-signer, and it introduced Canada’s first daily interest savings account and first socially responsible mutual fund.
Today, Vancity serves members in communities across British Columbia with personal and business banking, lending, mortgages, investments, and financial advice. Through its Shared Success program, Vancity shares a portion of profits with members and communities.
Provinces served
Mortgage Rates
The mortgage rates on this page were last updated on August 5, 2026 at 5:46 PM ET.
| Lender | Term | Rate | |
|---|---|---|---|
| 6-Month Fixed | 5.49% | ||
| 1-Year Fixed | 4.05% | ||
| 2-Year Fixed | 4.24% | ||
| 3-Year Fixed | 4.34% | ||
| 4-Year Fixed | 4.39% | ||
| 5-Year Fixed | 4.44% | ||
| 7-Year Fixed | 4.97% | ||
| 10-Year Fixed | 5.29% | ||
| 5-Year Variable | 3.95% | ||
* Rates are for informational purposes only and reflect the lowest rates available. Rates may change at any time and may be applicable only to certain borrowers. Terms and conditions apply. | |||
GIC Rates
The GIC rates on this page were last updated on August 5, 2026 at 11:14 AM ET.
| Term | Rate |
|---|---|
| 1-Year | 2.90% |
| 1.5-Year | 2.95% |
| 2-Year | 3.05% |
| 3-Year | 3.55% |
| 4-Year | 3.25% |
| 5-Year | 3.30% |
* Rates are for informational purposes only and reflect the highest rates available. Rates may change at any time and may be applicable only to certain depositors. Terms and conditions apply. | |
Chequing and Savings Accounts
The account-related data on this page was last updated on July 20, 2026.
Chequing Accounts
Chequing Account
1. Account: Chequing Plus
- Standard Fee
- Free*
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $10,000
- Insurance Limit
- Unlimited
Account details
- This account allows Unlimited free transactions.
- Vancity does not charge a fee for ATM withdrawals on any network worldwide.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
- *This account is available for youth, students, and seniors only.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Chequing Account
2. Account: Essential
- Standard Fee
- $9.75/mo
- Free Transactions
- 25
- Max e-Transfer / Day
- $10,000
- Insurance Limit
- Unlimited
Account details
- The monthly account fee is waived if you maintain a minimum balance of $1,500 in your account.
- This account allows 25 free transactions.
- E-Transfers are excluded from the transaction limit and is unlimited.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
- “Ding-free” means that members pay no surcharges at credit union and other participating ATM’s across Canada through the ACCULINK shared service and/or THE EXCHANGE* network for withdrawals, deposits and balance inquiries. (*Note: Not all credit unions are part of THE EXCHANGE network).
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Chequing Account
3. Account: Essential Plus
- Standard Fee
- $14.75/mo
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $10,000
- Insurance Limit
- Unlimited
Account details
- The monthly account fee is waived if you maintain a minimum balance of $3,000 in your account.
- This account allows Unlimited free transactions. Maximum 1 of these transactions can be carried out in branch.
- 1 Everyday in-person transaction is included each month, with a $0.70 fee for each additional transaction. Transaction fees are waived when a minimum balance of $3,000 is maintained.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Chequing Account
4. Account: Pay as you go
- Standard Fee
- Free
- Free Transactions
- 0
- Max e-Transfer / Day
- $10,000
- Insurance Limit
- Unlimited
Account details
- This account allows 0 free transactions.
- In-Person Transactions 70¢ Debit Card Transactions 50¢ Online and Mobile Banking Free Cheques and Preauthorized Payments 50¢ Interac e-Transfers 90¢ (send or request); Free (receive)
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Chequing Account
5. Account: Total
- Standard Fee
- $25.75/mo
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $10,000
- Insurance Limit
- Unlimited
Account details
- The monthly account fee is waived if you maintain a minimum balance of $6,000 in your account.
- This account allows Unlimited free transactions.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
Deposit Insurance
Deposits are insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), administered by BCFSA.
Savings Accounts
Savings Account
Account: Jumpstart™ High Interest Savings
- Interest Rate
- 0.60%
- Standard Fee
- Free
- Free Transactions
- 0
- Max e-Transfer / Day
- $10,000
- Insurance Limit
- Unlimited
Account details
- This account allows 0 free transactions.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
- Available with a TFSA, RRSP, FHSA, RRIF, RESP, or RDSP, with interest rates varying by plan.
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 | $31.5B | +10.9% | +18.4% |
| Loans | $26.1B | +6.4% | +15.0% |
| Deposits | $26.8B | +8.0% | +17.3% |
| Mortgages + HELOCs | $17.1B | +8.1% | +16.3% |
| Revenue | $643M | +26.6% | -42.5% |
| Efficiency Ratio | 82.4% | — | — |
| Members | ~588,000 | — | — |
| Branches | 54 | — | — |
| Target Members / Region | Southwestern Region of British Columbia | — | — |
Vancity Credit Union Deposits, Loans and Revenue in the Past 5 Years
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Contact
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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.