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Prospera, Coast Capital and Sunshine Coast credit unions close historic merger to form Canada’s largest national purpose-driven credit union.
Surrey, BC May 6, 2026 – Prospera, Coast Capital and Sunshine Coast credit unions today announced the legal close of their merger, effective May 6, 2026, marking a defining moment for cooperative banking in Canada.
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A message for our members now that we have officially merged.
May 6, 2026 – We’ve officially merged to form Canada’s largest national purpose-driven credit union!
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Gavin Toy will lead the combined federal credit union.
October 2, 2025 – The CEO Selection Committee for Prospera, Coast Capital and Sunshine Coast credit unions are pleased to share that Gavin Toy has been selected as President & CEO of the future combined federal credit union.
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Prospera, Coast Capital and Sunshine Coast credit union members approve merger.
July 9, 2025 – Prospera Credit Union (“Prospera”), Coast Capital Savings Federal Credit Union (“Coast Capital”) and Sunshine Coast Credit Union (“Sunshine Coast”) are excited to announce that members of all three credit unions have voted in favour of merging to form a combined federal credit union.
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Prospera, Coast Capital and Sunshine Coast credit unions announce intent to merge, creating Canada’s largest national purpose-driven credit union.
Surrey and Gibsons, BC (April 3, 2025): Prospera Credit Union (“Prospera”), Coast Capital Savings Federal Credit Union (“Coast Capital”) and Sunshine Coast Credit Union (“Sunshine Coast”) are excited to share their plans to join together and create Canada’s largest national purpose-driven credit union.
