100 Mile House is a small Cariboo service town midway between Cache Creek and Williams Lake on Highway 97. Here is the complete banking guide for 100 Mile House and South Cariboo residents.
100 Mile House (population ~2,000 in town, ~20,000 in the broader 100 Mile House district) is a service hub for the South Cariboo region. The community serves surrounding areas including 108 Mile Ranch, Lone Butte, Horsefly, Forest Grove, and Bridge Lake. Banking options are limited for such a large geographic district — Cariboo Central Credit Union and TD both have branches, with other services available online or in Williams Lake (90 min north) or Kamloops (3 hrs south).
| Institution | Presence | Best For |
|---|---|---|
| Cariboo Central Credit Union | Branch in 100 Mile House | Local banking, rural South Cariboo |
| TD Canada Trust | Branch in 100 Mile House | Full service national banking |
| RBC Royal Bank | Branch in 100 Mile House | Mortgages, business accounts |
| Other Big Five | Online + Williams Lake/Kamloops | Online banking; branches 90 min+ away |
| KOHO (Online) | Nationwide digital | No-fee banking anywhere in BC |
Cariboo Central Credit Union (CCCU) has a branch in 100 Mile House and is well-positioned to serve the South Cariboo's diverse financial needs. CCCU understands ranching, forestry, and small business operations in rural Cariboo settings — knowledge that national banks with urban-focused underwriting systems often lack. For South Cariboo residents who want a local institution that knows their community and economy, CCCU is the top choice.
CCCU offers personal chequing and savings, mortgages, RRSP/TFSA/FHSA accounts, personal loans, and business banking. THE EXCHANGE ATM network provides fee-free access at affiliated credit unions when travelling to Williams Lake, Kamloops, or other BC centres.
100 Mile House and the broader South Cariboo offer some of BC's most affordable real estate — in-town homes typically range from $270,000 to $450,000, while acreages and rural properties vary widely based on size and access. The district has attracted retirees, remote workers from Metro Vancouver, and lifestyle migrants seeking land and space at prices unimaginable in coastal BC.
BC PTT on a $350,000 100 Mile House home: PTT = ($200K × 1%) + ($150K × 2%) = $2,000 + $3,000 = $5,000. On a $400,000 acreage: $2,000 + ($200K × 2%) = $2,000 + $4,000 = $6,000. 100 Mile House is one of the last BC markets where first-time buyer PTT exemptions are widely achievable on resale homes.
The South Cariboo has a high proportion of rural properties — hobby farms, horse properties, small ranches, and recreational lakefront cabins on the many lakes in the district (Bridge Lake, Lac des Roches, Sheridan Lake, etc.). Financing rural and recreational properties involves different rules than standard residential mortgages. Properties without municipal water and sewer may face stricter appraisal requirements. Lakefront recreational properties require minimum 20% down. CCCU and TD have experience financing South Cariboo rural and recreational properties.
For residents of 108 Mile Ranch, Lone Butte, Horsefly, Bridge Lake, and other outlying South Cariboo communities, driving to 100 Mile House for banking is a significant trip — and driving to Williams Lake or Kamloops for Big Five services is a half-day commitment. Online banking and mobile apps are not just convenient — they are essential. KOHO is an excellent option for rural residents who want no-fee banking with a functional Visa card and full digital account management without any branch dependency.
KOHO works across all of BC. No monthly fees, no minimum balance. Use code 45ET55JSYA for a bonus when you open your account.
Open KOHO Free — Code 45ET55JSYACariboo Central Credit Union, TD, and RBC all have branches in 100 Mile House. Other Big Five banks are available online, with full branches in Williams Lake (90 min north) or Kamloops (3 hrs south).
Yes — among the most affordable in BC. In-town homes commonly range from $270K–$450K, and many properties qualify for first-time buyer PTT exemptions.
Yes, but recreational lake properties typically require 20% down and may have stricter appraisal requirements. CCCU and TD have local experience with South Cariboo recreational property financing.
CCCU is a community-owned credit union serving the Cariboo region including 100 Mile House, Williams Lake, and surrounding rural communities. It offers full banking with a focus on the Cariboo economy.