Holiday Hours
Please note that our branches will be closed on Wednesday, November 11th for Remembrance Day.
Our contact centre will be open 9:30 am to 4:00 pm ET on November 11th. Online banking and ATMs are available for your convenience.
Alterna Savings Members Receive $31,000 in Ontario Credit Union Foundation Bursaries
Twenty-seven Alterna members recognized through the CU Succeed Youth Bursary program
TORONTO, ONTARIO, November 4, 2026 – Alterna Savings is proud to celebrate 27 members who have collectively received $31,000 through the Ontario Credit Union Foundation’s CU Succeed Youth Bursary program.
The bursary program supports post-secondary students across Ontario. Awards range from $1,000 to $3,000 and help students experiencing financial barriers pursue academic, vocational or technical education. The bursaries recognize financial need, community involvement, personal circumstances and academic achievement.
“At Alterna, we believe education can open doors and strengthen communities,” said Rob Paterson, President and CEO of Alterna Savings. “We are incredibly proud of our 27 member recipients and all they have accomplished. Their dedication to education and community is inspiring, and we are honoured to celebrate their achievements and all that lies ahead.”
Since the CU Succeed Youth Bursary was established in 2016, the Ontario Credit Union Foundation has awarded $936,000 to 765 students. In 2026, the Foundation is distributing $100,000 through the program.
“Receiving a bursary can make a meaningful difference for a student, providing both financial support and encouragement as they work toward their goals,” said Rob Paterson. “We extend our heartfelt congratulations to this year’s recipients, whose determination, community spirit and bright potential are truly inspiring.”
Alterna is a proud supporter of the Ontario Credit Union Foundation and its work to expand educational opportunities for young people. In 2026, Alterna served as a gold sponsor of the Foundation's annual Golf Classic, an important fundraiser for the CU Succeed Youth Bursary program. The 2026 tournament was held on September 14 in Milton, Ontario.
For more information about the Ontario Credit Union Foundation and the CU Succeed Youth Bursary program, visit the Foundation’s website.
About Alterna 🧡
Alterna Savings and Credit Union Limited (Alterna Savings) has been The Good in Banking® for over 115 years. Together with Alterna Bank, our wholly owned subsidiary and one of Canada's most innovative digital banks for over 25 years, we're delivering financial solutions that put people before profits.
As the first full-service, member-owned cooperative financial institution outside Quebec, Alterna Savings shares its expertise with over 230,000 members through a network of 47 branches across Ontario, as well as call centre, and digital channels. Members and customers also benefit from industry-leading online brokerage, investment management services, and access to over 43,000 surcharge-free ATMs in North America with THE EXCHANGE Network in Canada and the Allpoint Network in the U.S.
Media Contacts:
Rachel Osborne
Vice President, Marketing & Communications Alterna Savings | Alterna Bank
Email: Media.Relations@alterna.ca
Phone: 1.877.560.0100