A new way to give back

Get a 0.80% return on a 2-Year Term Deposit, and we’ll give back to Covenant House Vancouver at the same time.

Get a guaranteed return and support a cause you care about

We’re excited to offer Covenant House Vancouver donors and supporters a special term offer that gives back to their community. We’ll donate $5 to Covenant House Vancouver for every $1,000 you invest in our 0.80% 2-Year Non-Redeemable Term Deposit*. Plus for a limited time, get up to $350** when you become a member.


Bank with a partner who puts you and your community first

Take advantage of this special offer and our cash bonus of up to $350 by becoming a member today. Open a Free Chequing, Free Debit, and More Account® to get started.

Features and benefits

  • For every $1,000 you invest, we donate $5 back to Covenant House Vancouver*
  • Available in Non-registered, RRSP, RIF, RESP and TFSA
  • Guaranteed principal and interest
  • Available to personal or small business banking members
  • Available to existing members

Features and benefits

  • For every $1,000 you invest, we donate $5 back to Covenant House Vancouver*
  • Available in Non-registered, RRSP, RIF, RESP and TFSA
  • Guaranteed principal and interest
  • Available to personal or small business banking members
  • Available to existing members

Secure our special offer and enjoy up to $350 when you switch

Get started by following the steps and eligibility requirements below.
Step 1

Open a Free Chequing, Free Debit, and More Account®

$300 bonus**

Set up and maintain the following within the first two months:

  • 1 direct deposit Your direct deposit must be the same direct deposit coming from the same payee for 3 consecutive months. This may be your payroll, pension or government payment. for 3 months consecutive
  • 1 pre-authorized debit Pre-authorized debits are payments that are set up to debit an account and credit an external company. For example, cable, internet or a gym membership. $25 min., for three months consecutive
  • Make at least 15 everyday transactions These are transactions like withdrawals, e-transfers, and debits that one would perform day-to-day. Direct deposits and pre-authorized payments count too. within 3 months of account opening

Step 2

Get your term deposit through our award-winning digital banking

0.80%*

  • Only need $500 to get started
  • Guaranteed principal and interest
  • Open term deposit in less than 5 minutes
  • Go straight to the 2-Year Non-Redeemable Term Deposit in digital banking through the link below 
Step 3

Set up a pre-authorized contribution to a new investment

$50 bonus**

  • New investment of $50 minimum
  • Book an appointment after opening your account to set up your pre-authorized contribution
See terms and conditions for full details
Get started today
Open your Coast Capital account online or if you have any questions, connect with us by booking an appointment.
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.

* The Community Term Deposit offers a rate of 0.80% per annum, subject to purchasing a 2-year non-redeemable term deposit, available through the Coast Capital Online Banking platform, Coast Capital’s Advice Centre, or through a Coast Capital branch. The 0.80% promotional rate will apply for the full amount of the term deposit. Interest rates are calculated daily and paid monthly. Rate holds are not eligible for this promotional offer.

Coast Capital Savings Federal Credit Union will donate $5 for each $1,000 invest in the Community Term Deposit, up to a maximum donation of $100,000 in the aggregate, to the BC-based non-profit Covenant House Vancouver. All 0.80%-2-year Community Term Deposit sold between April 12, 2021 and May 31, 2021 are eligible to contribute to this donation, up to a maximum individual donation of $250 in the aggregate [for a $50,000 investment]. For clarity, investors may purchase multiple Community Term Deposits, however the maximum individual donation cap of $250 is cumulative between all Community Term Deposits held under a member’s profile. The donation will be made up to 60 days after the end of the promotional period.

Coast Capital Savings Federal Credit Union reserves the right to modify, extend, revoke, or terminate this promotional offer at any time without prior notice, including changing the deposit rate. All decision by Coast Capital Savings Federal Credit Union regarding this promotional offer are final and binding on all parties.

** Read full offer terms and conditions here.