Savings Accounts
For no monthly fee you get great rates and easy access to your money. Our business savings accounts offer unlimited deposits and the freedom to withdraw funds at any time, all while your money earns daily interest. Plus our savings accounts include free access to Coast Online® Banking for Small Business.
Savings accounts are best if:
- You want to make short-term or temporary savings
- You want to access your savings any time
Earn a tiered rate up to 3.05%†
1.50%† |
$0 to $24,999.99 |
1.75%† |
$25,000 to $99,999.99 |
2.00%† |
$100,000 to $499,999.99 |
2.60%† |
$500,000 to $999,999.99 |
2.75%† |
$1,000,000 to $4,999,999.99 |
3.05%† |
$5,000,000+ |
- No monthly fee and no minimum balance required
- 2 free transactions per month‡ and unlimited deposits◊
Terms and Conditions.
† Interest rate is subject to change without notice. Interest is calculated per annum and paid monthly, at this rate, on the portion of the closing daily balance within the tier.
‡ Transactions include Coast Capital Savings ® and THE EXCHANGE® Network ATM withdrawals, Interac Direct Payment, pre-authorized payments, online, mobile, telephone banking and in-branch bill payments, in-branch and self-serve transfers between Coast Capital Savings accounts, and in-branch withdrawals. $5 for additional transactions.
◊ Deposits include in-branch deposits, preauthorized credits, Coast Capital Savings® business depository ATM deposits, regular ATM deposits and electronic deposits.
Click here for service fees and see our Business Banking Guide for more information
Close- No monthly fee
- Earn interest
- Unlimited deposits1
- Low transactions fee ($2.50 for most transactions2)
- Sending an e-Transfer $1.50 each; receiving e-Transfers is free
- Click here for service fees
- Download our Business Banking Guide
Terms and Conditions.
1 Deposits include in-branch deposits, pre-authorized credits, Coast Capital Savings® business depository ATM deposits, regular ATM deposits and electronic deposits.
2 Transactions include, Coast Capital Savings® and THE EXCHANGE® Network ATM withdrawals, Interac Direct Payment, pre-authorized payments, online, mobile, telephone banking and in-branch bill payments, in-branch transfers between Coast Capital Savings accounts, and in-branch withdrawals. Non-EXCHANGE® ATM fee: $2.50 each; additional fees may be charged by third parties as part of the transaction amount. International ATM Fee: $5.00 each plus 2% administration fee on transaction amount. International POS fee for Coast Business Savings: $2.15 each plus 2% administration fee on transaction amount. International POS fee for High-interest Business Savings Account: $5.00 each plus 2% administration fee on transaction amount. The ‘transaction amount’ is the international ATM and POS payment instruction that we receive in Canadian Dollars and pay from your account to settle the transaction. The ‘transaction amount’ is converted to Canadian Dollars by third party participants in the electronic network used to process the transaction at rates that are not set by us. Third party fees or commissions may also be included in the transaction amount.
Click here for service fees and see our Business Banking Guide for more information
- No monthly fee
- Earn interest
- Unlimited free transactions1
- Free eStatements
- Click here for service fees
Terms and Conditions.
1 Deposits include in-branch deposits, pre-authorized credits, Coast Capital Savings® business depository ATM deposits, regular ATM deposits and electronic deposits.
Click here for service fees and see our Business Banking Guide for more information
Additional services available with any business account.
Ensure all your deposits, bill payments and cheques go through by setting yourself up with Coast Mobile Banking alerts via text or email.
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Contact our Business Banking Team at 1.888.517.7000 Mon-Fri, 8am-5:30pm.
Coast Capital Savings Federal Credit Union is a member of the Canada Deposit Insurance Corporation (CDIC). More CDIC information
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Only deposits payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.