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Member Notices

As we’ve all seen, it has been a summer of extreme wildfires right across our province, especially in the Kelowna and Shuswap regions. 

People were forced from their homes with the sole focus of ensuring the safety and well-being of themselves and that of their loved ones, and sadly some are now dealing with the devastating loss of their properties. To everyone affected and for many in B.C., this has been a time of great stress 
and uncertainty.

It’s important for us to step up and help our neighbours where and when we can. In support of our partner credit unions and communities in the affected areas, the KS Community Foundation will be making a $5,000 donation to the United Way BC Wildfire Recovery Fund to directly support their ongoing relief effort in the province. 

Starting in 2021, United Way BC has been working with communities and individuals impacted by wildfires in BC. All donations help support a variety of programs and essential supports that are critical to BC residents as they recover emotionally and physically from the devastation of wildfires, including immediate and ongoing relief efforts, long term recovery, resiliency, and preparedness for future events, including consequential events related to the fires. 

If you want to join us click here BC Wildfire Recovery Fund | United Way British Columbia (

I'm excited to announce that starting September 5 our branch network will be open a total of 10 more days a week, as we're re-opening our doors in Fruitvale, Salmo, Kaslo, New Denver and Radium.

There is something special about the Kootenays. It's more than its outstanding natural beauty and amazing outdoor life. There is a quality in the air that’s about community, independence, and ease of life born out of local knowledge and deep connections.

This past year, KSCU embarked on a fundamental revitalization era. We want to return to our roots, recommit to our communities, and celebrate excellent local service. I want to acknowledge and thank our employees and members for sharing thoughts and ideas with us. We've been listening and learning and are excited to keep the conversation going.

You can see our new, updated hours here.

- Mark McLoughlin



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.

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

October 28, 2021

To celebrate International Credit Union Day last week, Kootenay Savings' employees distributed proceeds from the credit union's Care Wear program - $21,206 - to 25 different charities and non-profits.

KSCU Employees Share Over $21K with Local Charities - PDF