Company Information

Get to know Prospera Credit Union

Prospera Credit Union is one of British Columbia's largest credit unions, formed through the formal merger of Prospera Credit Union and Westminster Savings Credit Union on January 1, 2020. As a member-owned financial cooperative, its mission is to serve the financial needs of its members and local communities with a focus on simplicity, local engagement, and financial well-being. It operates under the legal name 121 772 B.C. Ltd. and offers a full suite of financial products, including daily banking, borrowing, investing, and insurance for both individual and commercial members.

Industry

Financial BankingPRIMARY
Financial Other Service
Financial Payment

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Prospera Credit Union

Canada

Founded in

1943 (83 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.