Canada Gazette, Part I, Volume 159, Number 30: MISCELLANEOUS NOTICES

July 26, 2025

ABCU CREDIT UNION LTD.
INNOVATION FEDERAL CREDIT UNION

LETTERS PATENT OF CONTINUANCE
LETTERS PATENT OF AMALGAMATION

Notice is hereby given, pursuant to subsection 34(1.1) of the Bank Act (Canada), that Innovation Federal Credit Union and ABCU Credit Union Ltd. (together, the “Applicants”) intend to file with the Superintendent of Financial Institutions, on or after August 18, 2025, a joint application for the Minister of Finance to issue letters patent continuing ABCU Credit Union Ltd. as a federal credit union under the Bank Act (Canada) and letters patent of amalgamation immediately thereafter continuing the Applicants as one federal credit union under the name “Innovation Federal Credit Union” to carry on the business of banking in Canada. The head office of the amalgamated company would be located in Swift Current, Saskatchewan.

The effective date of the proposed continuance followed by immediate amalgamation would be April 1, 2026, or any other date fixed by the letters patent of amalgamation.

Any person who objects to the proposed continuance and amalgamation may submit an objection in writing to the Office of the Superintendent of Financial Institutions, 255 Albert Street, Ottawa, Ontario, K1A 0H2 or by email to approvals-approbations@osfi-bsif.gc.ca, on or before September 16, 2025.

Note: The publication of this Notice should not be construed as evidence that letters patent will be issued. The granting of the letters patent will be dependent upon the normal Bank Act (Canada) application review process and the discretion of the Minister of Finance.

July 26, 2025

ABCU Credit Union Ltd.

Innovation Federal Credit Union

COAST CAPITAL SAVINGS FEDERAL CREDIT UNION
PROSPERA CREDIT UNION
SUNSHINE COAST CREDIT UNION

LETTERS PATENT OF CONTINUANCE AND LETTERS PATENT OF AMALGAMATION

Notice is hereby given, pursuant to subsection 25(2) and paragraph 228(2)(a) of the Bank Act (Canada), that on or after August 18, 2025

The proposed amalgamated federal credit union will operate under the name of Coast Capital Savings Federal Credit Union in English and Coopérative de crédit fédérale Coast Capital Savings in French. Its head office will be located in Surrey, British Columbia. It will offer a full range of banking services to individuals and businesses.

The proposed amalgamation will take effect immediately after the completion of the continuances of Prospera and Sunshine Coast. The effective date of the continuances of Prospera and Sunshine Coast and the effective date of the proposed amalgamation will be the date fixed by the letters patent of continuance and the letters patent of amalgamation. If the continuances of both Prospera and Sunshine Coast are not completed, the Applicants will not amalgamate. If the continuances of one of Prospera and Sunshine Coast, but not both, are not completed, the amalgamation will proceed among Coast Capital and the party whose continuance has been completed.

Any person who objects to the proposed continuances of Prospera and Sunshine Coast for the purposes of amalgamation or the proposed amalgamation of Coast Capital, Prospera and Sunshine Coast may submit an objection in writing to the Office of the Superintendent of Financial Institutions, 255 Albert Street, Ottawa, Ontario K1A 0H2, on or before September 16, 2025.

Note: The publication of this notice should not be construed as evidence of the issue of letters patent. The granting of letters patent will be dependent upon the normal application review process under the Bank Act (Canada) and the discretion of the Minister of Finance.

Coast Capital Savings Federal Credit Union

Prospera Credit Union

Sunshine Coast Credit Union

MOTUS BANK

TRANSFER OF BUSINESS AND CERTIFICATE OF CONTINUANCE

Notice is hereby given, in accordance with subsection 236(2) of the Bank Act (Canada) [the “Act”], that Motus Bank (“Motus”) intends to make an application to the Minister of Finance (the “Minister”), on or after July 28, 2025, for approval to sell substantially all of its assets to Coast Capital Savings Federal Credit Union (“Coast”), pursuant to the terms of an agreement entered into between Motus and Coast on March 21, 2025. The head office of Motus is situated in Toronto, Ontario, and the head office of Coast is situated in Surrey, British Columbia.

Notice is also hereby given, in accordance with subsection 39.1(2) of the Act, that Motus intends to apply to the Minister of Finance, on or after July 28, 2025, for approval to apply under the Canada Business Corporations Act (the “CBCA”) for a certificate of continuance as a corporation under the CBCA. The board of directors of Motus may, however, without further approval of the sole shareholder of Motus, withdraw the application for continuance before it is acted on, in accordance with subsection 39.1(3) of the Act.

Note: The publication of this notice should not be construed as evidence that the approvals will be issued. The granting of such approvals will be dependent upon the normal review process and the discretion of the Minister.

Toronto, July 5, 2025

Motus Bank