Get a fresh start with Newcomer Banking from $0/month
Because what matters to you matters to us.
Or book an appointment to open your account in branch.
We can help you get set up for success in Canada
As Canada's largest federal credit union by membership, we put the success of our members first. That’s why we offer affordable banking solutions for newcomers to help you achieve your financial goals.

Everyday banking from $0/month
Get started with affordable options to help you manage your day-to-day banking.
- Choose a chequing account for unlimited daily transactions from $0/month1
- Save towards your goals with a High-Interest Savings Account
- Access unlimited, no-fee outgoing wire transfers at Coast Capital branches during the first 12 months after you become a member. How to redeem your offer2
Limited-time offer
Become a new member and get up to $400 when you open an eligible chequing account, plus 5.0% bonus interest with a new High-Interest Savings Account.3, 4
Or book an appointment to open your account in branch.

Build your credit in Canada
Get started with a Coast Capital Mastercard® issued by Collabria* and:
- Get a credit limit up to $5,000 — no Canadian credit history required
- Get a $50 statement credit with a new Coast Capital credit card issued by Collabria5
Limited-time offer
Become a new member and get up to an additional $100 statement credit when you’re approved for a Coast Capital credit card issued by Collabria and spend $1,000 in your first 90 days.3

Reskill and further your career opportunities
- Open an Elevate Chequing Account ($16.95 or less/month) for premium banking benefits, plus free access6 to Coursera’s global platform to help you upskill, reskill, and potentially advance your career.
“I took several courses through Coursera, and they helped me to improve my English skills and gain confidence in job interviews. For me, as an immigrant, the chance to access education for free was an amazing experience.”
- Yuliia, Construction Foundation of BC participant.
Limited-time offer
Become a member and get up to $400 when you open an Elevate Chequing Account.3
Or book an appointment to open your account in branch.

Become financially resilient
Access free content on our blog designed to help you navigate your finances in Canada.
For more resources including upcoming seminars, visit our Financial Education Hub.
Becoming a member is easy
When you open a Coast Capital account, you’ll purchase $5 in membership equity shares. And just like that, you’ll own a piece of Coast Capital and have a vote in how we do business.
Become a member by opening a chequing account, savings account, or both.
We have a solution for your banking needs.
Join Coast Capital and see what it’s like to have a real partner. Our advisors take the time to learn what really matters to you, and they’ll support you every step of the way.
We’re flexible. Open your account online, give us a call at 1.888.517.7000 or book an appointment to meet with us in person or over the phone.
1. Transactions include cheques drawn on the account, Coast Capital® and THE EXCHANGE® Network ATM withdrawals, Interac Direct Payment, pre-authorized payments, bill payments, transfers (between Coast Capital accounts), and withdrawals (in-branch/self serve). Deposits and electronic transfers (between Coast Capital accounts) performed via Coast Capital ® ATM, Coast-by-Phone®, and Coast Capital digital banking are free and unlimited.
2. Following membership opening, eligible members must identify themselves as newcomers and present their permanent resident card at a branch each time they request an outgoing wire transfer. The permanent resident card must not have been tempered with and must have been issued within five (5) years prior to presentment. Coast Capital may accept or reject the presented permanent card at its sole discretion. For qualifying members, Coast Capital will waive its outgoing wire fee for wire transfers of at least CA$600.00 from Coast Capital to another financial institution. Incoming wire fees will continue to apply. Other financial institutions and third party intermediaries may charge fees on funds transferred or received from Coast Capital. The member or recipient is responsible, as applicable, for any fees charged by other financial institutions or third party intermediaries. This offer will end 12 months after membership opening. Coast Capital may amend or terminate this offer at any time at its sole discretion and without prior notice.
3. Read New Member Cash Offer terms and conditions.
4. Read New Member Rate Offer terms and conditions.
5. Read New to Canada Offer terms and conditions.
6. Coursera is an online learning platform offering multiple continuing education opportunities from leading universities and institutions. The products offered by Coursera can, but do not guarantee to, help users advance, relaunch, or improve their earning potential in their careers. On the Coast Capital Elevate Chequing Account, a primary account holder will receive one (1) free Coursera for Business license for the account holder’s personal use. This license will be associated with the primary account holder’s email address on Coast Capital’s records. Only one (1) license can be associated with an email address to open a Coursera account, and if a primary account holder opens two (2) or more Coast Capital Elevate Chequing Accounts, the primary account holder must provide a unique email for each Account in order to receive one (1) license per each opened Account. A license will be valid for the period the primary account holder maintains a Coast Capital Elevate Chequing Account in good standing. A license has a monetary value of CAD 538 per year or a monthly monetary value of CAD 79 as of January 1, 2024. No substitutions will be allowed. Coast Capital may allow, at its sole discretion, transfers of a license to another individual as decided by the primary account holder. The license may be subject to content, course, and program exclusions or limitations at the sole discretion of Coursera. The use of the license will be exclusively subject to Coursera’s terms, conditions, and policies. Details regarding Coursera’s products, terms, conditions, and policies can be found at https://www.coursera.org/
*®The Collabria Mastercard is issued by Collabria Financial Services Inc. pursuant to a license from Mastercard International Incorporated.