We put the ‘union’
in ‘credit union’.

Our roots run deep in the labour movement.

In fact, Community Savings was created by the labour movement in 1944. We offer innovative products and personalized service to help union members achieve financial success.

As BC’s largest fully unionized credit union we take pride in our union roots and philosophy:

All support, technical, and branch staff are fully unionized
Majority of our board members are respected union leaders
Unshakable “buy union” policy
Sponsor and participate in union events, programs, fundraisers, and trade shows
(CLC Winter School, The Union Protein Project)
Minimum of 1% of after-tax profits returned to the people and communities served

Our members are union members.

Your union dues offer exceptional financial benefits such as competitive financial products, personalized service, and more.

Mortgage and loan postponement for up to 3 months a year (due to strike action or lockout)
Discounted rates on all of our loan and mortgage products*
Discounted legal fees of up to $300 on any closed mortgage
3 months free chequing and safety deposit box ($5 annual discount after that)
0.5% discount on PrimeLine LOC interest ($4,000 or more)
Additional 0.25% interest on regular 1-5 year term deposits of $5,000 or more and for transferred-in RRSP 1-5 year regular term deposits of $5,000 or more
Support union-sponsored causes that CSCU participates in

Become a Member today

*not available on promotional term rates

We stand by union organizations.

We're a credit union with pro-union values established over 80 years ago by activists to benefit the working community. Most unions in British Columbia choose us as their credit union for good reason.

Largest fully-unionized credit union in BC
Annual disaster relief fund available to support union workers impacted by climate change emergencies
Sponsored a Community Benefit Agreements study to support hiring of underrepresented groups in the trades.
Created the 7:01 Movement to support fair wages for health care workers all year round
Active supporter and partner of the Union Protein Project to help support food banks
Launched landmark study on Men’s mental health in the workplace
Member-owned and operated co-operative, not a shareholder-owned bank

Banking for unions and members

As the primary financial partner for over 100 union organizations, we can provide unique financial packages and services designed specifically for you, including:

Two full-time Union Liaison Officers dedicated to union accounts
Competitive rates for short and long-term deposits to maximize union business funds
Industry-leading special interest on chequing accounts, low fees and charges
100% deposit guarantee through the Credit Union Deposit Insurance Corporation of BC
Attractive personal banking packages for union members featuring an industry leading mortgage deferral program to assist workers in the event of a strike or lock-out