Business Details
50+ Years
experience
Trusted Financial Services in Prince Rupert
Northern Savings Credit Union has been a trusted financial co-operative since 1940, rooted in the unceded lands of the Haida Nation and Ts'msyen territories. As a democratically governed institution, we prioritize member ownership, ensuring every decision aligns with the best interests of our community. Our mission focuses on strengthening members and communities through accessible financial services, while our vision centers on sustainable growth through neighborly support.Guided by co-operative principles, we emphasize exceptional service, community investment, and ethical practices. With over 150 local employees and a board of directors deeply embedded in regional affairs, we combine financial expertise with a commitment to reconciliation and local economic development. Our services span personal and business banking, mortgages, investments, and insurance, all delivered with a focus on transparency, security, and personalized solutions.
Services
Chequing Accounts
Savings Accounts
Mortgages
Credit Cards
Term Deposits
Financial Planning
Home Insurance
Interac e-Transfers
Mobile Banking
Community Funding
Details
- Year established: 1940
Highlights and features
- We offer personalized financial advice from local experts deeply rooted in Northern communities.
- Our member-owned structure ensures decisions prioritize community well-being over corporate profits.
- We provide 24/7 digital banking security with enhanced fraud monitoring and alerts.
- Our board includes professionals with decades of regional economic development experience.
- We reinvest 100% of mortgage dollars locally to support community growth.
Associations and certifications
- Credit Union Deposit Insurance Corporation of British Columbia
What people say
Quick mortgage approval
Exceptional service
Community reinvestment
Knowledgeable staff
Personalized solutions
Services
Mortgages
Northern Savings offers competitive fixed and variable rate mortgages with local decision-making. Our CreditMaster program allows equity access without legal fees. We provide pre-approvals, construction financing, and energy-efficient upgrade loans. Expert advisors help first-time buyers and investors navigate terms from 6 months to 25 years, with up to 95% financing available.
Chequing Accounts
Flexible chequing solutions include Ultimate (unlimited transactions), Enhanced (50 transactions), and Essential (25 transactions) packages. Special rates apply for seniors, students, and young adults under 26. Features include free e-transfers, mobile deposits, and overdraft protection. Monthly fees range from $0 to $23 with balance requirements.
Financial Planning
Certified advisors offer personalized investment strategies, retirement planning, and estate solutions. Services include TFSA/RRSP optimization, RESP programs, and mutual fund portfolios. Clients access Qtrade Direct Investing for self-directed options. The team specializes in early-saver education and long-term wealth growth strategies.
Term Deposits
Secure investment options with terms from 30 days to 5 years. Fixed rates guarantee returns, while cashable deposits allow early withdrawal after 90 days. Minimum investments start at $100 for youth accounts. Deposits are 100% insured by the Credit Union Deposit Insurance Corporation of British Columbia.
Digital Banking
24/7 access through mobile apps with features like Deposit Anywhere, QuickView balances, and Interac e-Transfers. Security includes 2-step verification, transaction alerts, and encrypted communications. Users manage accounts, pay bills, and access e-statements from any device with biometric login options available.
People
Jamie Malthus
Director
Professional engineer with Prince Rupert Port Authority, bringing 8+ years of management experience and strategic planning expertise to the board.
Angela Gruber
Vice Chair
IT manager with Prince Rupert Port Authority, certified in project management and data analytics, focusing on governance and HR committees.
Joseph Lavoie
Chair
Commerce graduate with 21 years in retail and wholesale sectors, specializing in leadership development and infrastructure projects.
Jackie Touchet
Wealth Leader
Certified Financial Planner with expertise in estate planning and retirement strategies, serving Prince Rupert and Haida Gwaii communities.
Bailey Kasum
Financial Advisor
Commerce graduate with experience in retail banking and lending, providing personalized financial advice to Terrace area clients.
Questions
How do I apply for a mortgage with Northern Savings?
Start online or visit a branch with proof of income, purchase agreement, and asset details. Our local experts guide you through pre-approval and rate selection.
Are there student banking benefits?
Students under 26 get free Ultimate Chequing accounts with unlimited transactions and Interac e-Transfers, saving $276 annually.
What security features protect my accounts?
We use 2-step verification, transaction alerts, encrypted communications, and biometric login options for mobile banking security.
Can I access US dollar accounts?
Yes, we offer US Dollar Mastercards and accounts for frequent travelers with competitive exchange rates and no monthly fees.
How does the EnergySave mortgage work?
This program offers discounted rates for energy-efficient home upgrades, with loan amounts starting at $5,000 and up to 0.75% off posted rates.
What community programs do you support?
We fund local scholarships, youth programs, business initiatives, and cultural events through our Community Funding and Northern Perks programs.