Community
Nonprofit Organizations and Registered Charities
Community
Nonprofit Organizations and Registered Charities
Banking Services for Nonprofit Organizations and Registered Charities
We have specific products and services for nonprofit organizations and registered charities designed to provide cost-effective financial solutions.
We know you need careful planning and clear objectives to succeed. We also share your desire to give back to the community. It’s why we’re dedicated to providing you with the support you need.
Alterna Savings’ Community Financial Resiliency Program
provides nonprofit organizations with:
A designated
account manager
Access to
grant opportunities
Account types, products and services without monthly fees
Community-focused
financial education
Free pre-authorized/electronic debits and deposits
Free branch
deposits
Free
chargebacks
Free cheque
clearing
Investment options for managing reserves
Community Plus Chequing Account
Designed specifically for incorporated nonprofit organizations and registered charitable organizations. The Community Plus Chequing Account has no monthly fees and offers tailored banking support with a designated account manager.
Up to $750 in annual savings*
Service Fees
For detailed information on our current service fees and account features, refer to:
Get in Touch
Our dedicated account managers and community banking specialists can provide you with the specific advice you need.
Ways to Bank
You may also need...
Term Deposits
No matter what your investment plans, Alterna has a term deposit that’s right for you. With great rates and flexible terms from 60 days to 5 years, you can select the product that will work best for your needs.
Commercial
We can offer more than personalized financing solutions and support; we’ll also be a true partner to your business and help you grow.
Borrowing
If you’re an organization looking for the right financial products and services to help you grow and manage your business, we’ve got what you’re looking for.
Wealth Solutions
Alterna Wealth can help manage your investments so you can build, strengthen and preserve your wealth.
Community & Financial Inclusion Granting Programs
Alterna’s Community & Financial Inclusion Granting Programs strengthen the community sector by providing grant funding programs for registered charities, incorporated nonprofits, co-operatives without share capital, and unincorporated associations that positively impact communities.
*Savings are calculated based on: Incremental interest earned $367 and savings from no fee on day to day transactions including cheques cleared, PAD’s, PAC and chargebacks and deposits $383. Potential savings may not reflect the net savings your organization will receive; this amount will vary based on your organization’s financial situation.
Values are based on 2025 pricing and historical transaction activity.
Compared to our Business Premium Account which costs $55 per month with 100 included monthly transactions.
Your financial well-being comes first
Welcome to a better way to bank. Our knowledgeable team puts your financial well-being first with good, caring and transparent advice while offering all the products and services you need.
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