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.

PayDay Plan RRSP

The PayDay Plan RRSP helps you save for retirement every month - and it rewards you with a higher interest rate for doing so! The PayDay Plan RRSP is easy, convenient and rewarding.

Apply online

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

This term deposit is a savings plan that enables you to build up your RRSP investments on a monthly basis. Once you have reached a savings goal of $1,000, the funds may be reinvested in non-redeemable term deposit or mutual fund.


  • Available in 6, 12, 18 and 24 month terms
  • Begin with as little as $1.00 and automatically contribute as low as $50.00 a month
  • Make additional contributions at any time
  • Earn a higher interest rate than a variable RRSP savings account
  • Interest compounds annually - earn interest on your interest
  • Reinvest in a non-redeemable RRSP term deposit or mutual fund when the balance reaches $1,000.00

Apply for or contribute to an RRSP

Don't have a Westminster Savings RRSP?
Apply online, on the phone at 604-517-0100 or at your nearest branch.

Contribute to a Westminster Savings RRSP
If you already have a WSCU RRSP you can contribute to it in Online Banking, on the phone at 604-517-0100 or at your nearest branch.


Need help?

See all our contact options.