We’re now in the final stages of preparing for the member-approved merger of Sunshine Coast Credit Union with Coast Capital and Prospera credit unions. We expect to formally come together later this spring, to form Canada’s largest national purpose‑driven credit union, pending final regulatory approvals.
This is a historic moment that builds on our shared legacy and commitment to the financial well-being and success of our members, employees and communities.
Upon the approval and completion of the merger, Sunshine Coast Credit Union will be known as the brand name Sunshine Coast Financial, part of the Coast Capital Savings Federal Credit Union family of brands. This approach preserves the Sunshine Coast brand our members know and trust, while clearly connecting it to the strength, scale and shared values of a national purpose-driven credit union.
What this means for you.
There will be no immediate changes to how you bank. As we prepare for the legal close of the merger, some internal processes and policies will be aligned to support our combined federal credit union, but these updates will not affect how you bank. The legal close of the merger is the first step in combining our three credit unions. Over the coming months, we’ll continue to operate on separate banking systems as we work to bring together our technology, services and products. That means:
- You’ll continue to bank as you normally do
- Your membership and account numbers will remain the same
- Your existing products and services will stay as they are
- Your local branch locations and hours will remain unchanged
- You’ll be able to continue using any ATM displaying THE EXCHANGE® or ACCULINK® Network logos, free of charge
- You’ll continue to see the same friendly teams you know and trust
- Our ongoing commitments to local community support and investment will remain in place
- You won’t yet be able to use Coast Capital or Prospera branches or call centres if you’re a Sunshine Coast member (and vice versa)
- We will continue to operate with transparency and purpose, prioritizing the financial well-being and success of our members and communities
We’ll be taking a thoughtful, phased approach to ensure a smooth, transparent transition with minimal disruption to members.
Member benefits are on the way.
As we bring our systems and services together in future phases, members can look forward to:
- More competitive products and innovative financial solutions
- A more personalized experience, with specialized expertise and financial advice
- A continuously improving digital banking platform with enhanced self-serve tools
- Increased investment in mobile and online banking features for secure, seamless access
- An expanded branch network across BC, with the ability to support members beyond provincial borders
- Greater capacity to support larger commercial lending opportunities
- Deepened commitments to local community support and investment, creating greater positive impact
As these new benefits are introduced, they will bring to life the strength and promise of a national, purpose‑driven credit union.
