Becoming a Member
Alterna Savings is a credit union that offers a full range of financial products and services, all with a commitment to support the well-being of our members, employees and communities.
Set up your account online!
There are three easy ways to apply.
A little bit about Alterna Savings
What makes Alterna Savings different?
At Alterna Savings, we offer all the same products and services you’d expect from your financial institution. It’s what makes us different than a “big bank” that sets us apart as the better choice:
- Our interest rates are often best-in-market
- Owned by our members
- Profits are reinvested in our members and the community
- We offer exceptional, personalized service
- You get honest advice from experts who truly care
- We will support you through changes to your financial situation
What does it mean to be a member of a credit union?
We get asked that question, a lot!
Here are just a few aspects of membership at Alterna Savings:
Your Deposits Are Guaranteed
As an Alterna Savings member, your deposits are protected up to $100,000 through the Deposit Insurance Corporation of Ontario (DICO). This insurance is part of an overall protection program for all Ontario credit unions and is backed by provincial legislation. Subject to coverage limits, eligible deposits held with DICO member institutions are automatically insured—which means you do not have to apply for coverage.