We've merged effective January 1, 2020 and while this website may still bear the name and logo of Westminster Savings Credit Union, we are in the process of revising all print and digital materials to bear the name of the new legal entity - Prospera Credit Union. We appreciate your patience during this transitional period.

RRSPs

Registered Retirement Savings Plans

It is never too early to start planning your savings for the future, whether it is for retirement or for your next big purchase. We offer a wide range of registered savings products, everything from day-to-day savings plans to long term deposits.

Apply online

visit a branch near you or call 604-517-0100 to set up an RRSP today.

Investing

We all know saving for retirement is important, whether you are just starting or are nearing retirement age. We offer several plans to help you prepare for your future.

Talk to a Financial Expert today.

Our financial experts will answer any of your questions. Call us at 604-517-0100 or send us your question online and we'll respond to you within one business day.

Borrowing

It pays to borrow to save for retirement. By making a large RRSP contribution with borrowed funds you will save taxes now and create a large retirement fund for your future.

See how it pays to borrow.

Let's say you only have $1,000 to contribute this year, but you would like to contribute $4,000. Click here to see the benefits of borrowing the $3,000 you need.

Understanding RRSPs

Whether you're thinking about starting a Regsitered Retirement Savings Plan (RRSP), contributing to an existing plan, or planning a new budget around your pension or other income, our financial experts are available to help you get the most out of your money in the future.

Talk to a Financial Expert today.

Our financial experts will answer any of your questions. Call us at 604-517-0100 or send us your question online and we'll respond to you within one business day.


* Members who satisfy the terms and conditions listed below will receive a C$50 bonus (the “Repeat Savings Bonus”) for setting up a qualifying pre-authorized credit equivalent to C$100 per month or greater into an investment product between January 13, 2020 and March 31, 2020. This offer is only available to members who have not previously had a pre-authorized credit into an investment product over the last 12 months. An investment product consists of any of the following: term deposit, mutual funds, and registered savings accounts (including a Registered Retirement Savings Plan Variable Savings Account and Tax Free Savings High Interest Savings Account). The pre-authorized credit into the investment product must be operating for a minimum six months before the RSB will be deposited into the member’s chequing or savings account. Money will be deposited into account within 30 days of qualifications being met. The member must have attained the age of majority in British Columbia to qualify for this offer. All investments in a Credential Asset Management Inc. or Credential Securities account are subject to standard suitability assessments and the applicable account terms and conditions. Only pre-authorized credits into investment products will be included when determining if a customer has satisfied the terms and conditions of this offer. The RSB Bonus will be calculated in Canadian dollars. Limit of one offer per member.

Individuals will be wholly responsible for any tax implications that receiving the Repeat Savings Bonus may incur. If you require tax advice, please contact your personal tax advisor. The terms and conditions of this offer, including its overall availability, are at the sole and absolute discretion of Prospera Credit Union and are subject to change at any time without prior notice. Mutual funds are offered through Credential Asset Management Inc. Mutual funds and other securities are offered through Credential Securities, a division of Credential Qtrade Securities Inc. Credential Securities is a registered mark owned by Aviso Wealth Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured nor guaranteed, their values change frequently and past performance may not be repeated. Investment professional refers to Personal Bankers, Financial Planners, Investment and Retirement Planning and Investment Specialists that are representatives of Westminster Savings Financial Planning Ltd.

Effective January 1, 2020 Westminster Savings and Prospera Credit Union have officially merged. As a result of this merger, the two predecessor credit unions are now one legal entity, which will be legally and commonly known as Prospera Credit Union. Prospera Credit Union has take on the collective rights and obligations, including existing contractual relationships, of the predecessor credit unions.