Board Chair’s Message
85 years—made possible by our members
For 85 years, Coast Capital has stood alongside its members—championing their goals, supporting their financial ambitions and strengthening the communities they call home. This anniversary year not only reflects the progress we’ve made, but also our enduring commitment to delivering meaningful value through practical solutions and trusted financial advice that helps our members navigate today’s challenges and prepare for what’s ahead.
Along the way, our purpose of building better futures together by unlocking financial opportunities and growing incomes for people and businesses in Canada has continued to guide us.
In 2025, Coast Capital was named Social Purpose Company of the Year, by Greater Purpose, a Canadian organization with a mission to build the most dynamic business community for social purpose professionals and help shape the next generation of businesses in Canada. Coast Capital was recognized for fully integrating purpose across our governance, operations, advice, products and partnerships and our leadership in growing the Canadian purpose economy.
Coast Capital also achieved B Corp™ recertification with an eight per cent score increase from 2021, a 21 per cent improvement since 2018—indicative of our continuous progress in ensuring that our business decisions benefit members, employees, suppliers, communities and the environment. The score also highlights the key drivers in our improvement, such as our strong Equity, Diversity and Inclusion action plan, our climate commitments and our ongoing efforts to build better futures.
Throughout the year, Coast Capital’s Board of Directors upheld strong governance through the competitive pressures and economic headwinds of 2025, while carefully evaluating and overseeing the planned merger with Prospera and Sunshine Coast credit unions. Believing our credit unions are stronger together, the board unanimously recommended members vote YES on the special resolution to approve the merger.
Key achievements marking a milestone year
Coast Capital achieved a number of remarkable accomplishments in 2025, in support of members and the wider community. These included:
- 90 per cent of Coast Capital members voting in favour of merging to form a combined federal credit union with Prospera and Sunshine Coast credit unions. Following the completion of the necessary regulatory approvals to complete the merger expected in 2026, we will harness our collective strengths and shared resources to deliver greater impact for our members, employees, communities and the credit union sector.
- Coast Capital reinvesting nearly $4 million back into our communities in 2025, totaling more than $112 million invested since the year 2000. This reinvestment through donations, partnerships and other charitable giving, supports charities, non-profits and social enterprises focused on helping people and businesses in Canada.
- Our employees contributing more than 11,000 volunteer hours in communities across Canada, helping to strengthen the places where we live and work.
As we look to the year ahead, I would like to extend my sincere appreciation to Coast Capital’s President & Chief Executive Officer, Calvin MacInnis, and the entire executive committee for their strong leadership. Their strategic foresight, paired with operational excellence, continue to guide our organization through an evolving financial landscape while keeping a clear focus on delivering value for members.
I would also like to acknowledge my colleagues on the Coast Capital Board of Directors for their unwavering dedication to the highest standards of corporate governance on behalf of our members. Their thoughtful oversight, deep expertise and commitment to strong stewardship help ensure the long‑term resilience and integrity of our organization.
To our members, thank you for the privilege of serving you. Your ongoing confidence, trust, and engagement inspire our continued pursuit of innovative, responsible, and member-focused financial solutions. We are honoured to support your financial journeys and remain dedicated to meeting your needs today and into the future.