We’re not profit-driven. Our service fees are designed to cover operating costs. Wherever we streamline costs, we pass the savings on to our members through fee reductions, competitive rates and other benefits.
Member Savings offers all the products and services you should expect from any Canadian financial institution. Our account fees and interest rates are often better than the competition’s. We set our rates to maintain the health of the credit union—not just to make a profit for shareholders. We are able to customize our offerings to fit your unique financial circumstances.
Because we understand our members, and your individual financial situations, we are better able to serve you. Our dedicated and knowledgeable staff work hard to ensure you get the most from every financial decision. We don’t earn commission or push products, we simply recommend banking solutions that are best for you.
Our Internet and telephone banking service provides both convenient and secure, round-the-clock access to your accounts. Your MEMBER CARD® debit card grants full access to the Interac Network and surcharge-free access to THE EXCHANGE® Network, allowing you Canada-wide banking at thousands of ATMs. We provide Buyer Protection/Extended Warranty coverage for your debit card and cheque purchases.
Your deposits at Members Savings are insured through the Deposit Insurance Corporation of Ontario (DICO), so your money is safe with us. DICO is part of a comprehensive protection program backed by provincial legislation, providing insurance coverage for members of Ontario credit unions and caisses populaire. Your Coverage includes:
Note: As with all Canadian financial institutions, mutual funds are not insured or protected by DICO or the Canadian Deposit Insurance Corporation (CDIC). Visit the DICO website for more information.
We welcome membership applications from persons (or family members of persons) employed by, or retired from, these employers:
Once a member, always a member, even if your employment changes.