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Member Notices

As we continue to commit to our communities, our next step is a refresh to the Trail Branch roof.

The project is going to start near the end of September and will take about a month to complete wrapping up at the end of October. During the construction we will be open for business!

Here are some things to expect during the renovations:

  • Parking around the building will be limited as we need to reserve spots for contractor’s access.
  • Scaffolding will be set up around the building – but the sidewalks will remain useable.
  • There will be times when there are traffic disruptions.

We know there will be times of frustration as we work on our roof. But a new roof is an investment in the future of the Trail branch to make sure it is safe and secure so we can serve our members for years to come.

We apologize for any inconvenience.

At Kootenay Savings, your security and satisfaction are our top priorities, and keeping your personal details current is key. Up-to-date records:

  • Boost security, helping us better protect your account and assets.
  • Ensure you get timely updates about your finances.
  • Helps us comply with regulatory requirements, ensuring uninterrupted service for you.

Drop by your local branch or give us a call at 1.800.665.5728. Quickly check or update your info or confirm it's all good. You’ll enhance the security of your account and help us serve you better.

Thank you for your continued trust in Kootenay Savings!

The TFSA annual contribution limit for 2023 is $6,500. 

The TFSA annual contribution limit is indexed to inflation and rounded to the nearest $500. On this basis, the annual contribution limit for 2023 is $6,500.

Year TFSA Limit
2023 $6,500
2022 $6,000
2021 $6,000
2020 $6,000
2019 $6,000
2018 $5,500
2017 $5,500
2016 $5,500
2015 $10,000
2014 $5,500
2013 $5,500
2012 $5,000
2011 $5,000
2010 $5,000
2009 $5,000

The total eligible contribution for the TFSA since this introduction in 2009 is $88,000.
Read the CRA notice for more information: 2023 TFSA dollar limit.

Press Releases

September 22, 2022

Kootenay Savings Credit Union (KSCU) is very proud to take the lead on financing The Crescent at Red, a
102-residential unit building at the base of Red Mountain in Rossland, BC. This development has already made history, as it is the largest housing project ever in this region and will include studios, one bedrooms and lofts.

Learn more about this great collaboration here.
At Kootenay Savings Credit Union, we recognize we're only as strong as the members and communities we serve, which is why community investment is at the heart of all we do. One of the major ways we can make a meaningful differnce is through the work of the Kootenay Savings Community Foundation.

KS Community Foundation Awards Over $123,000 in Grants & Bursaries - PDF
As part of Selkirk College's upcoming Giving Day on Thursday, May 12, the Kootenay Savings Community Foundation is proud to announce a $10,000 contribution to Selkirk College to help boost student wellness and tackle inequality.

KS Community Foundation Provides Boost to Selkirk College Student Wellness - PDF

November 1, 2023

To celebrate International Credit Union Day last week, Kootenay Savings' employees distributed proceeds from the credit union's Care Wear program - $22,688 - to 25 different charities and non-profits.