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Coast Capital Savings launches leading-edge digital account opening platform

Surrey, B.C:  In partnership with leading Canadian fintech, thirdstream, Coast Capital Savings is excited to announce that it has launched a digital membership account opening platform making it possible for Canadians to join Coast Capital Savings in as few as five minutes, from anywhere they choose. 

As the credit union pursues national expansion, it is significantly increasing the suite of digital tools and capabilities available to existing and new members, in order to deliver an innovative and superior experience to those in British Columbia and beyond.

“We are making significant strides to become one of the most digitally-abled financial institutions in the country,” says Don Coulter, President and CEO, Coast Capital Savings. “With our suite of value-based financial products, paired with innovations in service technology, we are in an excellent position to help empower even more Canadians to improve their financial well-being and achieve what is important in their lives.”

The credit union’s digital account opening platform is powered by cumulus, an omni-channel solution developed by thirdstream. The technology delivers a fully integrated, member-friendly platform that is seamless, compliant, digital and completely secure.

“Great digital solutions are essential to growing and diversifying in a competitive industry like financial services,” Coulter explains. “thirdstream is a true Canadian success story, making waves throughout the fintech arena. We are grateful to have their expertise and knowledge on our side as we continue to innovate in the digital space.”

Digital membership opening is just one of a series of digital services that Coast Capital Savings is currently developing to help Canadians have a more seamless banking experience. Later this year the credit union will be launching their own dedicated personal financial management tool to help members track spending, budget and track progress on future financial goals, with much more to come in 2018.

About Coast Capital

Coast Capital Savings is Canada’s largest credit union by membership, with over $20 billion in assets under administration. An Imagine Canada Caring Company, the credit union invested $5.6 million into local communities in 2016, focusing on empowering and engaging youth. Named a BC Top Employer in 2017, Coast Capital is also a member of Canada's Best Managed Companies Platinum Club. It has 52 branches serving its 543,000 members in the Metro Vancouver, Fraser Valley, Vancouver Island and Okanagan regions of British Columbia. Product innovations include Canada's first free chequing account from a full-service financial institution. To learn more, visit coastcapitalsavings.com.

About thirdstream

thirdstream, headquartered in Lethbridge, Alberta, is Canada’s leading provider of in-branch and online onboarding and lending solutions, for consumers and business transactions Serving clients in every province from Quebec to British Columbia, thirdstream’s onboarding experience solutions serve 27 Financial Institutions across Canada, representing more than $307 billion in assets. thirdstream is continually evolving its product line, allowing clients to pay a modest monthly fee for an onboarding solution that offers continual and seamlessly delivered improvements. To learn more, visit thirdstream.ca. 

Coast Capital Media Line:

Phone number: 778.391.6225

thirdstream
Platform information: Keith Ginter, keith@thirdstream.ca
Media information: Feras Nasser, feras@thirdstream.ca

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