Coast Capital Savings Federal Credit Union, founded in 1940 and headquartered in Surrey, British Columbia, is a member-owned financial institution dedicated to providing accessible financial services to its members. As one of Canada's largest credit unions, it offers a diverse range of products and services, including personal and business banking, insurance, and investment solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| COCAPS 4.26% 2025-04-21 CADCoast Capital Savings Federal Credit Union | Canada | 2025-04-21 | 4.255 | 0.00 |
| COCAPS 5.25% 2030-10-29 CADCoast Capital Savings Federal Credit Union | Canada | 2030-10-29 | 5.250 | 6.14 |
| COCAPS 7.01% 2026-09-28 CADCoast Capital Savings Federal Credit Union | Canada | 2026-09-28 | 7.005 | 2.92 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Coast Capital started issuing bonds in the early 2000s as part of its strategy to raise capital for expansion and strengthen its financial position. Notable bond issuances include the 2013 offering of $150 million in subordinated debentures, which were used to enhance lending capabilities, and the recent 2021 issuance of $100 million green bonds aimed at funding sustainable projects. Currently, Coast Capital’s bond yields are competitive with industry averages, reflecting its strong credit profile and commitment to community-focused growth initiatives.