Best Banks in Burnaby Heights 2025

The Heights — North Burnaby's charming village strip on Hastings. Here's where to bank.

Burnaby Heights, locally called "the Heights," is the commercial strip along Hastings Street between Boundary Road and Gamma Avenue. It has a strong Italian heritage, independent restaurants, boutiques, and a tight-knit community feel unlike the big-box commercial areas of Metrotown or Brentwood. Banking options reflect this character — a mix of local credit union branches and accessible online banking.

1
KOHO — Best for Heights Residents
Zero fees, cash back, no branch needed
Monthly Fee
$0
Cash Back
Up to 2%
e-Transfer
Free unlimited

The Heights has a strong local-spending culture — and KOHO's cash back rewards you for it. No monthly fees and a Visa card accepted at every local café, grocer, and boutique on Hastings. Use code 45ET55JSYA for a sign-up bonus.

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2
EQ Bank — Best Savings Rate
4%+ on savings, no fees
Savings Rate
4.00%+
Monthly Fee
$0

Heights homeowners and renters both benefit from EQ Bank's savings account. With home prices in the neighbourhood exceeding $1.5M, having a high-interest account for liquid savings is essential financial hygiene.

3
Prospera Credit Union — Best Local Branch on Hastings
North Burnaby's community credit union
Type
Credit Union
Focus
North Burnaby

Prospera Credit Union serves the Burnaby Heights community and offers competitive mortgage rates. Their local advisors understand the neighbourhood's detached home market and can provide pre-approvals tailored to Heights property values.

4
TD Bank — Best Big Bank Near Heights
Accessible via Hastings bus
Monthly Fee
$10.95–$29.95
ATMs
Nationwide

TD branches are accessible along the Hastings corridor connecting Burnaby Heights to Vancouver. For Heights residents who need a big bank for investment accounts, USD banking, or mortgage renewals, TD is the most accessible option.

5
RBC — Best for Heritage Community Banking
Long-established, trusted service
Monthly Fee
$11.95–$30
History
Established 1864

RBC's established presence appeals to long-time Heights residents who value continuity. RBC mortgage advisors and wealth management services are available at nearby branches in North Burnaby and East Vancouver.

Save on Banking in Burnaby Heights

When every dollar counts in Metro Vancouver's market, KOHO's no-fee account with cash back helps you save more. No monthly fees, Skytrain-accessible or fully online. Use code 45ET55JSYA for a bonus.

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About Burnaby Heights

Burnaby Heights developed as a commercial village in the early 20th century and has maintained its character as one of Burnaby's most walkable neighbourhoods. The Italian community established roots here decades ago, and the strip retains excellent bakeries, delis, and independent businesses. Housing is predominantly detached homes on standard Burnaby lots, averaging $1.5M–$2.0M in 2025. There is limited condo development compared to other Burnaby areas, making the Heights a predominantly owner-occupied community.

Banking vs. Investment Planning in Burnaby Heights

Heights homeowners often hold significant equity. For those looking to leverage that equity, a line of credit through a credit union or big bank can fund renovations or investment properties. Prospera CU and Westminster Savings both offer home equity products competitive with the Big Five. Combine KOHO for daily spending with EQ Bank for savings and a credit union for your mortgage and HELOC, and you have a fully optimized banking stack for zero unnecessary fees.