About Us

About Us Page

Alterna Savings and Credit Union Limited - the Good in Banking for over 110 years!

Alterna is the third-largest credit union in Ontario and one of Canada’s Top 10 Credit Unions.

More than 185,000 Alterna members enjoy:

  • Having a say as a member-owner;
  • Feeling cared for by a financial institution that puts people above profits;
  • Competitive rates and friendly, transparent advice;
  • Convenient digital banking solutions and a bilingual Contact Centre open seven days a week;
  • A network of 36 branches across Ontario including Peterborough Community Savings.
  • Access to over 43,000 surcharge-free ATMs in North America with THE EXCHANGE Network in Canada and the Allpoint Network in the US.

  • Access to a dedicated team of Commercial Service and Community Business Banking professionals that can help you reach your business goals
  • An industry-leading online brokerage and investment management services with Alterna Wealth;
  • Watching communities grow through Alterna’s volunteer work, mentoring, innovative financing and support for local interests and sports;
  • The strength and security of a financial institution with over $10 billion in assets under management
Discover all the reasons to join Alterna, click here to become a member

Alterna Savings Firsts

  • Founded in 1908, Alterna Savings was the first full-service, member-owned financial co-operative outside Quebec.
  • Alterna was the first credit union to offer micro-loans through its 20 year old Community Microfinance Program. The program also offers wrap-around support for underserved entrepreneurs with one-on-one consultations, financial education, tools, and workshops. Since its inception, the program has disbursed millions in loans and helped change the lives of thousands of underrepresented people and their families.
  • Alterna is a leader in the cannabis industry and was the first financial institution to provide services to marijuana-related businesses in Canada.
  • Alterna was the first credit union to introduce a national digital bank and the first to offer a fully digital end-to-end mortgage through its wholly-owned subsidiary, Alterna Bank.
Read our Annual Reports for our vision, mission and Values. Click here to learn more.

Working at Alterna

Every day, over 600 people take pride in putting our members first. Our caring culture has been recognized by the prestigious employer awards National Capital Region’s Top Employers and Aon’s Best Employers (Platinum level).

Work at Alterna, Click here to Explore Careers