Prospera Credit Union

Prospera Credit Union
Company typeCredit union
IndustryFinancial services
Predecessors
  • Edelweiss Credit Union
  • Fraser Valley Credit Union
Founded2002 (2002)
Headquarters,
Canada[a]
Number of locations
24 (2024)
Area served
Lower Mainland, Fraser Valley, and Okanagan, British Columbia, Canada
Key people
  • Gavin Toy (president and CEO)[2]
  • Gina Arsens (chair)[2]
Total assetsC$7.53 billion (2023)
Members115,634 (2023)
Websiteprospera.ca Edit this at Wikidata

Prospera Credit Union is a Canadian credit union in British Columbia. It was formed in 2002 as a merger of Edelweiss Credit Union, an originally German-Canadian credit union founded in 1943, and Fraser Valley Credit Union, founded in 1949.[3] It merged with Westminster Savings Credit Union in 2020.[4] As of 2023, the credit union had 115,634 members and C$7.53 billion in assets.[5] Prospera is one of the largest credit unions in British Columbia and is headquartered in Surrey, British Columbia. It currently has 24 branches across the Lower Mainland, the Fraser Valley, and the Okanagan.[5][6]

  1. ^ Patrick Penner (23 May 2020). "Prospera Credit Union, Westminster Savings Lay Off Over 100 Staff Following Historic Merge". The Abbotsford News. Black Press Media. Archived from the original on 23 April 2024.
  2. ^ a b "Our Leadership Team". Prospera Credit Union. Archived from the original on 30 March 2024.
  3. ^ "The Edelweiss Credit Union". Goethe Institute. Archived from the original on 7 December 2023.
  4. ^ "Members approve merger of British Columbia's Prospera CU, Westminster Savings CU". S&P Global.
  5. ^ a b "The Largest 100 Credit Unions" (PDF). Canadian Credit Union Association. March 2024. p. 3. Archived (PDF) from the original on 23 April 2024.
  6. ^ "2023 Prospera Credit Union Annual General Meeting" (PDF). Prospera Credit Union. 2023. Archived (PDF) from the original on 30 January 2024.


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