Members get friendly help saving for an education.

It's never too late to start saving for a child's post-secondary education. But you will save more effectively if you first understand how much you need to save. From there, our team can help you understand how much you can afford to invest, given your other goals and financial obligations, and the best way for you to invest.

Below are a few tools and products we can discuss when developing your education savings plan. We'll also help you take advantage of the Canada Education Savings Grants or the BC Training and Education Savings Grant which together can get you up to $8,400 towards your education savings. Who doesn’t like free money. Especially from the government.

Our Investment Team can help with:

  • Education planning
  • Investment planning
  • Retirement planning
  • Education planning
  • Tax planning
  • Estate planning

Registered Education Savings Plan (RESP)

Save for your child's education without paying taxes on the interest earned as you grow your investments within an RESP.

  • Contribute to a lifetime maximum of $50,000
  • Anyone can contribute to the RESP, not just the parents of the child
  • Take advantage of the Canada Education Savings Grant and the BC Training and Education Savings Grant
  • Multiple investment products such as Term Deposits and Mutual Funds available within an RESP account
  • Up to $8,400 in government grants are available
Read the not-so-fine print

Disclosure

Coast Capital Savings Federal Credit Union provides advice and service related to deposit, loan and mortgage products. Coast Capital Wealth Management Ltd. provides investment and financial planning services. Coast Capital Financial Management Ltd. provides advice and service related to segregated funds, annuities and life insurance products. Worldsource Financial Management Inc. provides advice and service relating to mutual funds. Mutual fund values change frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses may all be related with mutual fund investments. Important information about mutual funds is contained in the relevant fund facts and simplified prospectus. Please read the fund facts carefully before investing. Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.

Close

Tax-Free Savings Account

If you're over 18, thanks to the government, you won't get taxed on the income or growth you make on your investment, even when it's withdrawn. That's right, no taxes, from the government.

  • No maximum age limit to open or hold a TFSA
  • No deadline for your contributions
  • Unused TFSA contribution room can be carried forward to future years
  • Investment income earned in a TFSA plan, including capital gains, will not be taxed, even when withdrawn
  • Multiple investment products such as Term Deposits and Mutual Funds available within a TFSA
Read the not-so-fine print

Disclosure

Coast Capital Savings Federal Credit Union provides advice and service related to deposit, loan and mortgage products. Coast Capital Wealth Management Ltd. provides investment and financial planning services. Coast Capital Financial Management Ltd. provides advice and service related to segregated funds, annuities and life insurance products. Worldsource Financial Management Inc. provides advice and service relating to mutual funds. Mutual fund values change frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses may all be related with mutual fund investments. Important information about mutual funds is contained in the relevant fund facts and simplified prospectus. Please read the fund facts carefully before investing. Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act

Close

The Low-fee, More-for-me Mutual Funds®

Our family of mutual funds gives you more of what you want: conservative management, simplicity and affordability.

  • Lower management expense ratio fees
  • Conservative fund management
  • Simple and flexible to fit your investment goals, life-stage and risk tolerance
  • Start with a $50 monthly contribution or a minimum investment of $1,000
  • Broad selection of investment choices
  • Available in Non-registered and Registered Account such as an RRSP, RRIF, RESP or TFSA
Read the not-so-fine print

Disclosure

The Low-fee, More-for-me Mutual Funds® are managed by SEI Investments Canada Company. Worldsource Financial Management provides mutual funds and services. Mutual fund values change frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses all may be related with mutual fund investments. Please read the Fund Facts carefully before investing.

Close

Safe Bet, No Sweat™ Market-Linked Term Deposit

Tap into the stock market with this term deposit where the return is based on the performance of an underlying market index¹.

  • 1, 3 or 5 year term available
  • Potential to earn higher returns linked to stock market performance
  • Principal investment protected
  • Interest is compounded annually and paid at maturity
  • Only $500 to get started
  • No commissions or management fees
  • Choose from a globally diversified or Canadian financial services term deposit
  • Available in Non-registered and Registered Account such as an RRSP or TFSA
  • View current and past offers
Read the not-so-fine print

Disclosure

The variable return can only be known at maturity, and may be 1.60% for the 1 year term, 3.00% for the 3 year term or nil for the 5 year term. These investments cannot be transferred or redeemed and we will not pay any interest or principal before maturity; maximum annual returns are compounded annually. Terms and conditions apply. The data provided is for informational purposes, and past performance is not necessarily indicative of future returns.

On January 2, 2018, Agrium Inc. (AGU CT) and Potash Corporation of Saskatchewan (POT CT) merged to form the new company Nutrien Ltd (NTR CT). This event requires an adjustment of the performance monitoring for both the 3 year and 5 year Safe Bet, No Sweat term deposit products issued between August 19, 2016 and February 21, 2017 inclusive. The two former companies, AGU and POT, were replaced by the new company NTR at the opening of markets on January 2, 2018. The respective performances of AGU and POT will apply to the new company, with adjustment factors for the calculation of the performance as follows:

- For AGU CT, the adjustment factor by which the starting price must be multiplied is 0.44843 (1 / 2.23)

- For POT CT, the adjustment factor by which the starting price must be multiplied is 2.5 (1 / 0.4)

For additional information, please phone our Contact Centre at 1.888.517.7000.

Close
Need a hand?
Need a hand?
Our experienced Investment Team can help plan the right solutions for your financial goals.

Worldsource Financial Management

Worldsource logo

Mutual fund dealer service and segregated fund administration are managed by our trusted partner at Worldsource Financial Management. Worldsource is a leading independent dealer services provider and subsidiary of Guardian Capital, a Canadian publicly-traded investment management company. Their expertise allows us to provide better products and services, online account access and reporting.

Worldsource View is a tool that allows members to view and monitor investments online, anytime, anywhere, plus the convenience of printing your statements.

Financial planner

Meet Taunya Sawatsky, CFP.

She's just one of our Certified Financial Planners® available to help you reach your financial goals. Our Financial Planners can develop financial solutions to help ensure you save for the future while living well today, whether you're planning your retirement, your child's education, or looking for ways to protect your family or business from the unexpected.

Our Investment Team is here to help:

  • Investment Team available at our Contact Centre, Mon-Sat, 8am-8pm
  • Financial Planners available at all our branch locations

Like what you see? Here's more.

MONEY HELP
Money management for kids
Some ways to teach your kid about saving and managing their money, so the things that they want are within reach. Hello, new video game.
MONEY HELP
How to teach your tween about money
A few practical and fun ways to talk to your tween about money.
MONEY HELP
RRSP vs TFSA. Which is better for you?
What's really better for our savings goals, an RRSP or a TFSA? With tax season on the horizon, we break down what to choose, and when.

Ready to invest?

Our accredited Investment Team can help you figure out the best financial plan for your goals.
Call us at 1.888.517.7000 Mon-Sat, 8am-8pm.

CDIC Deposit ProtectionCDIC Deposit Protection

Coast Capital Savings Federal Credit Union is a member of the CDIC.


Coast Capital Savings Federal Credit Union provides advice and service related to deposit, loan and mortgage products. Coast Capital Wealth Management Ltd. provides investment and financial planning services. Coast Capital Financial Management Ltd. provides advice and service related to segregated funds, annuities and life insurance products. Worldsource Financial Management Inc. provides advice and service relating to mutual funds. Mutual fund values change frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses may all be related with mutual fund investments. Important information about mutual funds is contained in the relevant fund facts and simplified prospectus. Please read the fund facts carefully before investing. Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.

Coast Capital Savings Federal Credit Union is a member of the CDIC. For information on changes to deposit insurance and the transition period, see our Statement of Transitional Coverage.