Effective January 1, 2020, Westminster Savings and Prospera Credit Union officially merged. The two credit unions are now one legal entity – Prospera Credit Union. In the months ahead, we will be launching our new brand and will be revising all materials including our website. We appreciate your patience during this transitional period.

August 2020

Prospera Credit Union Announces 2020 Educational Award Winners

Prospera Credit Union announces Educational Awards Program to provide bursaries for 35 students returning to post-secondary education this Fall.

SURREY, BC, AUGUST 20, 2020:

Students returning to school are juggling more than just classes this year as post-secondary education moves online due to the COVID-19 pandemic. Even in this new normal, the stress of tuition and costly textbooks remains, and Prospera Credit Union is providing financial support through the Educational Awards Program for students continuing their educational journey. The financial aid program was launched online last year to connect with bright, young students enrolled in post-secondary schools in communities across B.C.

Thirty-five students were each awarded $1000 towards their educational costs. In order to be eligible for the award, entrants needed to showcase a high GPA and demonstrated financial need. The winners were chosen from each of Prospera’s three regions (Fraser Valley, Okanagan and the Lower Mainland).

Although the funds won’t be going towards dorm costs or campus dining this semester, students are still grateful for the help as Megan Owens, one of this year’s recipients explains “This Prospera Education Award has provided me with some financial comfort during these uncertain times and as I go into my post secondary education. In the fall I will be able to focus more on school and less on money.”

Supporting local communities is a top priority for Prospera Credit Union, who merged with Westminster Savings at the start of 2020. “Prospera is really proud to support continued learning in our local communities. Our Education Awards Program is just one way we try to invest the in the leaders of tomorrow. We know the vital role of post-secondary education and we’re thrilled to be able to help lessen the load for these bright students.” says Maury Kask, Chief Marketing and Customer Experience Officer.

For more information about Prospera’s 2021 Educational Awards Program, please visit prospera.ca



Jessica Thiessen 604.953.3757
Manager, Communications mediarelations@prospera.ca


About Prospera Credit Union Expand/Collapse

Built on over 75 years as a BC credit union, Prospera Credit Union is a community based, purpose-driven organization that offers a full range of financial products and services. Prospera is British Columbia’s third-largest credit union, with $9 billion in assets and 120,000 members. With 28 branches, Prospera is proud to serve communities from Vancouver, through the Fraser Valley, and to the Okanagan. Improving community resilience through targeted and meaningful investments is a key part of Prospera’s vision.

To learn more about Prospera Credit Union, visit prospera.ca.





Prospera extends and expands relationship with ASAPP for business account and lending origination

Toronto, ON and Abbotsford, BC – August 25, 2020

Prospera Credit Union and ASAPP have expanded their relationship with the early renewal of a software licensing agreement between the partners. Prospera, who became an ASAPP Client-Partner in December 2017, leveraged an early renewal option and extended its license for ASAPP’s business account and lending origination solution until December 2023.

As part of the agreement, ASAPP and Prospera officially kicked-off development of the Wealthview core banking system integration project. The Prospera team has leveraged the Wealthview API generator to build a set of APIs that the ASAPP team is now connecting the application to which will allow new day-to-day business banking and lending products to be opened directly within the core banking system.

“Over the past two years, we have partnered with ASAPP to enable a fully digital business lending capability and are excited to expand our relationship with them,” said Greg Dyck, Chief Digital and Information Officer at Prospera. “The integration with our core banking system is the next step in our journey together to create an even better member experience and it’s great to have this project moving forward.”

This partnership will be the first direct connection between ASAPP OXP and the Wealthview platform. The ASAPP team had previously integrated custom AOS solutions with Wealthview. Through extensive planning over the past year, the ASAPP and Prospera teams have established an expedited development and testing project plan that will see the integration launch later this Fall.

“Our product team is excited to leverage the API Prospera has built and to be integrating our advanced Business account and lending origination solution with Prospera’s Wealthview core banking system,” said Steve Sauve, ASAPP’s Chief Product Officer. “We’d also like to thank Prospera for their renewed commitment in ASAPP. We are excited to continue to work together to deliver a strong ROI and phenomenal experience for Prospera’s business members.”

With the ASAPP contract renewal, Prospera staff and business members will also benefit from the upcoming release of ASAPP 11.0 which will see a completely refreshed user interface for business account and lending origination.



Jessica Thiessen 604.953.3757
Manager, Communications mediarelations@prospera.ca


JR Pierman 705.257.8503
President & CEO
ASAPP Financial Technology
jr.pierman@asappbanking.com




About Prospera Credit Union Expand/Collapse

Built on over 75 years as a BC credit union, Prospera Credit Union is a community based, purpose-driven organization that offers a full range of financial products and services. Prospera is British Columbia’s third-largest credit union, with $9 billion in assets and 120,000 members. With 28 branches, Prospera is proud to serve communities from Vancouver, through the Fraser Valley, and to the Okanagan. Improving community resilience through targeted and meaningful investments is a key part of Prospera’s vision.

To learn more about Prospera Credit Union, visit prospera.ca.

About ASAPP Financial Technology Expand/Collapse

ASAPP delivers Custom Experience Software and Digital Agency Services that create sustainable competitive advantages for regulated financial service providers as they compete against direct-to-consumer fintech solutions. ASAPP OXP is Canada’s most complete omnichannel experience platform for the financial services industry. Learn more at asappbanking.com.