Alterna Savings Achieves National Capital Region Top Employer Recognition for the 9th Consecutive Year

OTTAWA, ON, March 5, 2025  – Alterna Savings and Credit Union Limited (Alterna) has been recognized as one of the National Capital Region's Top Employers for the ninth consecutive year, demonstrating its ongoing commitment to creating an exceptional workplace. The announcement was made yesterday in the Ottawa Citizen and on the job search engine Eluta.ca.


"This recognition for the ninth consecutive year affirms our commitment to creating a workplace where people genuinely want to build their careers," said Rob Paterson, President and Chief Executive Officer of Alterna. "While recently completing three significant credit union integrations, our team has remained focused on what matters most – skilfully supporting our members and each other, and actively building a culture of excellence that embodies our values of collaboration, integrity, and respect every day."


Creating a Culture of Excellence

Alterna's annual engagement survey revealed outstanding results that validate its approach to workplace culture:

  • 93% positive rating on teamwork
  • 87% on overall manager effectiveness
  • 89% on diversity, equity, inclusion, and belonging


Investing in Employee Development
Alterna's commitment to employee growth was evidenced through significant investments in professional development, which include continuing education and development opportunities.

This focus on development yielded impressive results, with 66 team members promoted to new levels of responsibility that advanced their careers within the organization.


Building a Unified Team Culture
Following the successful integration of three credit unions – Member Savings, Quinte First, and PACE (Alterna's largest integration to date) – the organization shifted focus from growing together to demonstrating that they are "better together." New team members were thoughtfully immersed into Alterna's culture through innovative approaches.


Community Connection
Community involvement remains a cornerstone of Alterna's organizational identity and a key factor in employee attraction and retention. In the past year, the credit union:

  • Contributed more than $1 million in sponsorships, donations, and charitable community support
  • Donated over 1,300 employee volunteer hours
  • Executed more than 50 branch-level community events


"At Alterna, we foster a caring, collaborative work environment that empowers our people, supports their development, and provides a great runway to build rewarding careers," added Paterson. "Guided by our proudly Canadian spirit, our profits serve a purpose, and we're proud of the positive impact our team makes both within our organization and throughout the communities we serve."



About The National Capital Region's
 Top Employers 


The National Capital Region's Top Employers is an annual competition organized by the editors of Canada's Top 100 Employers. This special designation recognizes the employers in the Ottawa-Gatineau metropolitan area that lead their industries in offering exceptional places to work. Find out more by visiting CanadasTop100.com/Ottawa.


About Alterna Savings

Alterna Savings and Credit Union Limited1 (Alterna) has been The Good in Banking® for over 115 years. Alterna is made up of Alterna Savings and Credit Union Limited and its wholly-owned subsidiary, Alterna Bank.

As the first full-service, member-owned cooperative financial institution outside Quebec, Alterna Savings shares its expertise with over 210,000 members through a network of 39 branches across Ontario, as well as call centre and digital channels. Members and customers also benefit from an industry-leading online brokerage, investment management services, and have access to over 43,000 surcharge-free ATMs in North America with THE EXCHANGE Network in Canada and the Allpoint Network in the US.

For more information about careers at Alterna visit www.alterna.ca/en/about-us/careers.


Media Contacts

Samira Rehman, Director, Communications
Alterna Savings | Alterna Bank

E: samira.rehman@alterna.ca

1Alterna Savings & Credit Union Limited operates as Alterna Savings. Alterna Savings is a credit union operating in Ontario. For information on deposit insurance, please ask for a brochure at the credit union or visit the FSRA’s website at www.fsrao.ca/.