Home › Institutions › Prospera Credit Union

Prospera Credit Union

Credit union· Surrey, British Columbia· Since 2002Anyone can join

Profiled by Ratehunter

data as of 2026-10-16 · How we track rates

About Prospera Credit Union

Prospera Credit Union was formed in 2002 by the merger of Edelweiss Credit Union (founded 1943) and Fraser Valley Credit Union, and merged with Westminster Savings Credit Union effective January 1, 2020. On May 6, 2026, Prospera, Coast Capital, and Sunshine Coast credit unions closed a merger creating Canada's largest purpose-driven credit union, operating as Coast Capital Savings Federal Credit Union (about $40B in assets, 730,000 members); Prospera continues as a member-facing brand. As part of a federal credit union it is now OSFI-regulated with CDIC deposit insurance.

A division of Coast Capital Savings

MoreLess

Access: Membership required · Open common bond

Eligible provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Northwest Territories, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon

How to join: Apply online at prospera.ca or in branch and purchase a membership equity share ($5).

Notes: Must reside or work in BC; $5 share. Absorbed Westminster Savings 2020.; $5 share; absorbed Westminster Savings 2020

Deposit protection: Canada Deposit Insurance Corporation

$100,000 per insured category per member institution

How deposit insurance works →

Current top rates

rates confirmed as of 2026-10-15

Best GIC · 5-year3.80%

Best mortgage · 5-year fixed4.84%

Prime rate4.45%

GIC ladder	Best rate
1-year GIC	3.10%
2-year GIC	3.40%
3-year GIC	3.50%
4-year GIC	3.60%
5-year GIC	3.80%

Base ladder rates. Institution may have more term rates below.

Rate history builds here as we track this institution's rates over time.

Term deposit rates

— not stated on siterates confirmed as of 2026-10-15

Filter rates

Term	Registration	Redeemable	Compounding	Interest paid	Min–Max deposit	Rate
Short-term — under 1 year
30 – 59 days	Non-reg	N	—	At maturity	—	1.90%
30 – 59 days	RRSPRRIFTFSAFHSA	N	—	Annually	—	1.90%
60 – 89 days	Non-reg	N	—	At maturity	—	1.95%
60 – 89 days	RRSPRRIFTFSAFHSA	N	—	Annually	—	1.95%
90 – 119 days	Non-reg	N	—	At maturity	—	2.00%
90 – 119 days	RRSPRRIFTFSAFHSA	N	—	Annually	—	2.00%
120 – 179 days	Non-reg	N	—	At maturity	—	2.20%
120 – 179 days	RRSPRRIFTFSAFHSA	N	—	Annually	—	2.20%
180 – 269 days	Non-reg	N	—	At maturity	—	2.40%
180 – 269 days	RRSPRRIFTFSAFHSA	N	—	Annually	—	2.40%
270 – 364 days	Non-reg	N	—	At maturity	—	2.60%
270 – 364 days	RRSPRRIFTFSAFHSA	N	—	Annually	—	2.60%
Long-term — 1 year +
1 year	Non-reg	N	Annually——	At maturityAnnuallyMonthly	———	3.10%3.10%3.10%
1 year	RRSPRRIFTFSAFHSA	N	—	At maturity	—	3.10%
1 year	Non-reg	Y	—	Annually	—	2.15%
1 year	RRSPRRIFTFSAFHSA	Y	—	At maturity	—	2.15%
2 years	Non-reg	N	Annually——	At maturityAnnuallyMonthly	———	3.40%3.40%3.40%
2 years	RRSPRRIFTFSAFHSA	N	—	At maturity	—	3.40%
3 years	Non-reg	N	Annually——	At maturityAnnuallyMonthly	———	3.50%3.50%3.50%
3 years	RRSPRRIFTFSAFHSA	N	—	At maturity	—	3.50%
4 years	Non-reg	N	Annually——	At maturityAnnuallyMonthly	———	3.60%3.60%3.50%
4 years	RRSPRRIFTFSAFHSA	N	—	At maturity	—	3.60%
5 years	Non-reg	N	Annually——	At maturityAnnuallyMonthly	———	3.80%3.80%3.60%
5 years	RRSPRRIFTFSAFHSA	N	—	At maturity	—	3.80%
Re-Investable,Non-redeemable · compounds annually
15 months	RRSPRRIFTFSAFHSA	N	Annually	At maturity	—	2.80%
15 months	Non-reg	N	—	Annually	—	2.80%
Super Saver,Non-redeemable · compounds annually
18 months	Non-regRRSPRRIFTFSAFHSA	N	Annually—	At maturitySemi-annually	——	2.35%2.35%
U.S. dollar — all terms
30 – 59 days	Non-reg	N	—	At maturity	—	2.50%
60 – 89 days	Non-reg	N	—	At maturity	—	2.60%
90 – 119 days	Non-reg	N	—	At maturity	—	2.70%
120 – 179 days	Non-reg	N	—	At maturity	—	2.80%
180 – 269 days	Non-reg	N	—	At maturity	—	3.00%
270 – 364 days	Non-reg	N	—	At maturity	—	3.10%
1 year	Non-reg	N	—	At maturity	—	3.50%
2 years	Non-reg	N	—	At maturity	—	1.50%

Escalator GICs

rates confirmed as of 2026-10-15

The rate rises each year of the term. Yield is the effective annual yield the institution prints.

Product	Yr 1	Yr 2	Yr 3	Yield
3-year escalators
3 Year Rate Climber, Paid Annually3 yearsNon-regRRSPTFSAFHSA	2.50%	3.50%	4.50%	3.50%
3 Year Rate Climber, Compounding3 yearsNon-reg	2.40%	3.45%	4.35%	3.40%

Savings & chequing rates

rates confirmed as of 2026-10-15

Filter rates

Type	Product	Calculated	Paid	Min. balance	Rate
Savings
Savings	Personal Savings Account	—	—	—	0.10%
HISA	Personal High Growth Savings Account	—	—	—	0.50%
RRSP
RRSP	Variable Rate RRSP/FHSA	—	—	$0	0.10%
TFSA
TFSA	Tax Free Savings Account	—	—	$0	0.50%
FHSA
FHSA	Variable Rate RRSP/FHSA	—	—	$0	0.10%

Mortgage rates

Highlighted rows are promo ratesrates confirmed as of 2026-10-15

Filter rates

Term	Type	Open / closed	Insured	Posted rate
1-year	Fixed	Open	No	6.39%
1-year	Fixed	Closed	No	4.89%
2-year	Fixed	Closed	No	4.49%
3-year	Fixed	Closed	No	4.54%
4-year	Fixed	Closed	No	4.69%
5-year	Fixed	Closed	No	4.84%
7-year	Fixed	Closed	No	4.99%
10-year	Fixed	Closed	No	5.24%
5-year	Variable	Closed	No	3.69%
5-year	Fixed	Closed	Yes	4.49%
5-year	Variable	Closed	Yes	3.84%

Home equity line of credit

Product	Posted rate
Home Equity Line of Credit (HELOC)	4.95%Prime + 0.50%

We hunt. You gather.

Rates change without notice. Get rate alerts from Ratehunter and you'll be the first to know when Prospera Credit Union — or anyone else — posts a better rate.

Get rate alerts

Browse all institutions · Best GIC rates · Best HISA rates · Best mortgage rates