Holiday Hours
Please note that our branches will be closed on March 29 for Good Friday.
Our contact centre will be open 9:30 am to 4:00 pm ET on March 29. Online banking and ATMs are available for your convenience.
Rates
Prime Rate
PrimeEffective Date (2023-07-13) | Rate |
---|---|
Prime | 7.20% |
As a valued member of Alterna Savings, we would like to keep you informed about changes that may affect you. On July 13th, 2023 the Bank of Canada key interest rate increased by 0.25% - which in turn has increased Alterna Savings’ Prime Interest Rate to 7.20% from 6.95%. If you hold a variable rate lending product with Alterna Savings such as a mortgage, line of credit or loan your payment amount will not change, however, a higher portion of your payment will be applied towards your principal.
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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