Coast Capital down to 1% | Coast Capital Savings | Discussion forum

I deal with Coast Capital and will admit that their tellers and side counter folks are fantastic...real people with personalities, not like the curmudgeons at BMO. Is Coast Capital really free chequing? Not true.....ask for a draft!! I had dealt with Citizens Bank a spin off of VanCity CU and they were fantastic.....I paid for nothing!! I guess they were too good to be true and thus the closure. Vancity like Coast Capital for people to deal with is good but overall interest rates are not competitive. The thing I don't understand about Coast Capital is their GIC rates...are not bad when you compare to the local credit unions and big 5 banks but my investment dealer can give me far better rates at Coast Capital (comparable to Ally, Maxa, Outlook Financial etc.) that what I can get from them when I walk off of the street. If I compare Coast Capital rates to what I see at http://www.baystreet.ca/intere....._rates.cfm , I can do better with some of the Manitoba credit unions, Ally (and who would deal in them, then they are supported with bail out funds), and Revelstoke CU. Since I don't believe in putting all of my eggs in one basket, I don't deal completely with my investment dealer for non registered GICS or registered TFSA's. So I have pulled all of my GIC's from Coast Capital and am now dealing with 2 of the many Manitoba CU's that offer better rates. If dealing with a CU I would prefer to deal with one in BC and have tried to contact Revelstoke CU but their level of service to follow up to inquiries quickly and efficiently is very poor compared to Maxa, Accelerate, or Outlook. Why does Coast Capital offer 2 levels of interest rates and why don't they see that rates in Manitoba are their competition?? I don't need an answer to that question...lol. If you are like me, looking for best rates for your investment portfolios it is so easy to set up an account at one of the may virtual banks. Wake up Coast Capital!!!