News and Events



As a credit union, we put our Members’ money to work in our communities – helping Ontarians to save, own their home sooner, and achieve goals like sending a child to school, launching a business and retiring. We also put our Members’ money to work by establishing partnerships with local community organizations.

Recent News


Alterna Savings partners with the Government of Canada on the country’s first-ever Black Entrepreneurship Program


Toronto, ON – September 9, 2020

As Canadians work hard to rebuild and recover from this pandemic, Alterna Savings is committed to doing our part in supporting businesses owners and building a strong and resilient economy.


Alterna Raises $120,000 for Candlelighters




Ottawa, ON – September 1, 2020

This summer, Alterna Savings reimagined its normal fundraising efforts for Candlelighters Childhood Cancer Support Programs and raised a record amount of $120,000 with all proceeds going to Candlelighters.

Alterna Savings Members Awarded Nine Ontario Credit Union Foundation Grants



Toronto, ON – August 20, 2020

Alterna Savings is delighted to congratulate all the Ontario Credit Union Foundation’s (OCUF) CU Succeed Youth Bursary winners.

Alterna Savings Supports the Co-operative Housing Federation of Toronto Through Five Scholarships


Toronto, ON – July 28, 2020

Alterna Savings, in partnership with the Co-operative Housing Federation of Toronto (CHFT), has awarded five Penny Bethke Scholarships to young community leaders that help strengthen cooperatives and their communities.

Alterna Supports Carleton U Students With Two Annual Scholarships



Ottawa, ON – July 13, 2020

Alterna continues its partnership with Carleton University’s Sprott School of Business by awarding the Alterna Savings Scholarship and the Alterna Bank Scholarship to two undergraduate students. This year’s recipients were Andrew Kerr and Tony Phan, who are both students in the Bachelor of Commerce program.


Alterna Savings Donates $50,000 Annually to Support Enactus




Toronto, ON – June, 3 2020

Alterna Savings is increasing their annual support and donating $50,000 to Enactus Canada to help foster the next generation of entrepreneurial leaders.