Coast Capital Savings
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| Coast Capital Savings Credit Union | |
|---|---|
| Type | Credit Union |
| Founded | Surrey, British Columbia, Canada , Richmond, British Columbia, Canada |
| Headquarters | Surrey, British Columbia |
| Key people | Lloyd Craig - President & CEO |
| Industry | Financial Institution |
| Products | Financial services |
| Revenue | ▲ CAD |
| Employees | 2000 |
| Website | https://www.coastcapitalsavings.com/ |
Coast Capital Savings is a credit union based in Surrey, British Columbia, and is the second largest Credit Union in Canada. The credit union was created out of a union between Richmond Savings Credit Union and Pacific Coast Savings Credit Union in 2000. In 2002, Coast Capital Savings merged with Surrey Metro Savings. Coast Capital Savings currently offers VISA through Desjardins, a credit union in Quebec.
In 2005, it launched its 'Free Chequing, Free Debit and More' Account, the first retail financial institution in Canada to offer a free chequing account. It has also recently launched a new design for its branches, called "Aperio", a more open, less formal banking experience centered on retail of banking services. In 2007 it launched its 'The One Small Fee, the Rest is Free Business Account', the first retail financial institution in Canada to offer unlimited business banking for one set fee with no transaction fees (fees for cash/coin deposits). [1]
As of 2006, the credit union has $8.9 billion in assets, $1.7 billion in mutual funds under administration, 2000 employees, 49 branches, and over 360 000 members. It also promotes volunteering with its staff, and prides itself on being a consumer friendly credit union. It also operates Coast Capital Investments and Coast Capital Insurance. It has won numerous awards, including being one of the 50 best employers of Canada
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