CHASE BC • 2025 BANKING GUIDE

Best Banks in Chase, BC

Compare digital banks and Shuswap Area Credit Union for Chase residents. Population ~2,600, avg home ~$430,000.

Top 6 Banks in Chase — Quick Comparison

#BankMonthly FeeInterest RateDeposit Insurance
🏉KOHO$03.0% on savingsCDIC (federal)
🏊EQ Bank$03.75% HISA/FHSACDIC (federal)
🏋Shuswap Area Credit Union$0–$100.5–1.5% HISACUDIC BC
4TD Bank$10.95–$29.950.01%CDIC (federal)
5RBC$11.95–$30.000.01%CDIC (federal)
6Scotiabank$10.95–$30.950.01%CDIC (federal)
1

KOHO Best Overall

$0
Monthly Fee
3.0%
Savings Rate
0.5–2%
Cash Back
$100
Signup Bonus

KOHO is the best everyday banking choice for Chase residents. $0 fees and 3% interest beat any big-bank account charging $15–$30/month at 0.01%. Use referral code 45ET55JSYA for a $100 signup bonus.

    Pros

  • $0/month forever
  • 3.0% interest on full balance
  • 0.5%–2% cash back on purchases
  • Credit building feature
  • CDIC-insured deposits
  • $100 bonus with code 45ET55JSYA

    Cons

  • No Chase branches
  • No mortgage products
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2

EQ Bank Best Savings Rate

$0
Monthly Fee
3.75%
HISA/FHSA
FHSA
First Home Savings
CDIC
Insured

EQ Bank's 3.75% FHSA is the top savings rate for Chase first-time buyers. Contribute $8,000/year (up to $40,000 lifetime) with a tax deduction and tax-free growth — ideal for building a BC home down payment.

    Pros

  • 3.75% HISA + FHSA rate
  • No fees, no minimums
  • FHSA: $8K/yr, $40K lifetime
  • CDIC insured

    Cons

  • No branches
  • No cash back
3

Shuswap Area Credit Union Best Local CU

Local
Branches
Unlimited
CUDIC BC
BC Owned
Community Focus
$0–$10
Monthly Fee

Shuswap Area Credit Union is the most locally-rooted institution serving Chase, providing community-focused banking with CUDIC BC unlimited deposit coverage.

CUDIC BC unlimited coverage: Shuswap Area Credit Union is a BC provincial credit union — unlimited deposit coverage with no dollar cap. CDIC (used by KOHO, EQ, TD, RBC, Scotiabank) has a $100K per category limit. For large balances, CUDIC BC provides stronger protection.

    Pros

  • Local branches in Chase
  • CUDIC BC unlimited coverage
  • Local mortgage expertise
  • Community-owned

    Cons

  • Monthly fees unless conditions met
  • HISA rates below EQ Bank
  • Regional coverage only
4

TD Bank

TD serves Chase with regional banking for residents needing national coverage and US dollar accounts.

    Pros

  • National ATM network (15,000+)
  • US dollar accounts
  • New to Canada program
  • Extended Saturday hours

    Cons

  • $10.95–$29.95/month fees
  • 0.01% chequing interest
5

RBC

RBC serves Chase residents needing full investment products and cross-Canada access.

    Pros

  • National ATM network (4,400+)
  • Full investment products
  • Mortgage products available

    Cons

  • $11.95–$30/month fees
  • 0.01% chequing interest
6

Scotiabank

Scotiabank offers Chase residents travel rewards through the Scene+ program and a wide product range including the Scotia iTRADE investment platform.

    Pros

  • Scene+ travel rewards
  • Scotia iTRADE investing
  • New to Canada banking package
  • Wide credit card selection

    Cons

  • $10.95–$30.95/month fees
  • 0.01% chequing interest

Get $100 When You Open KOHO in Chase

Use referral code 45ET55JSYA when signing up for KOHO to earn a $100 bonus. Zero monthly fee, 3% interest on your balance, cash back on every purchase, and CDIC-insured deposits.

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🏠 BC Property Transfer Tax Calculator — Chase

1% on first $200K • 2% on $200K–$2M • 3% on $2M–$3M • 5% above $3M. FTB full exemption on new homes ≤$835K, resale ≤$500K.

Gross PTT
FTB Exemption
PTT You Pay
BracketRateAmountTax

Banking in Chase — Little Shuswap Lake Gateway

Chase sits at the west end of Little Shuswap Lake on the South Thompson River, about 50 km west of Salmon Arm on the Trans-Canada Highway. The community serves as a bedroom community for Kamloops (65 km west) and a gateway to the Shuswap lake system. Home prices averaging around $430,000 attract buyers priced out of Kamloops and Salmon Arm. KOHO's $0 banking and 3% interest serve Chase commuters who travel to Kamloops or Salmon Arm for work. Shuswap Area Credit Union provides local banking services with CUDIC BC unlimited coverage. Chase's position on the Trans-Canada makes it a practical choice for families wanting space and affordability while maintaining city access.

Chase real estate note: At average prices near $430,000, BC PTT on resale runs about $6,600. First-time buyers at or below $500,000 qualify for full PTT exemption.

Banking by Chase Area

Chase Downtown

Shuswap Ave has the Shuswap Area CU for local banking. KOHO covers digital needs.

Little Shuswap Lake

Waterfront properties near Chase attract vacation and retirement buyers — EQ Bank's HISA helps save for these properties.

Squilax / Turtle Valley

Rural Thompson-Shuswap area communities rely on digital banking with KOHO and EQ Bank.

Trans-Canada Highway Corridor

Chase commuters heading to Kamloops or Salmon Arm benefit from KOHO's app-based banking.

Frequently Asked Questions

What banks are in Chase BC?

Chase has Shuswap Area Credit Union locally. Kamloops (65 km west) has the full range of major banks. KOHO and EQ Bank serve Chase digitally.

Is Chase BC a good place to live?

Chase offers affordable lakeside living near Little Shuswap Lake, making it popular for families commuting to Kamloops or Salmon Arm.

What is Chase BC close to?

Chase is 65 km east of Kamloops and 50 km west of Salmon Arm on the Trans-Canada Highway, with easy access to the Shuswap lakes.

More BC Banking & Real Estate Guides

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