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Accounts
Savings
Savings accounts to help your money grow.
Save smart. Open an Alterna savings account to help you reach your financial goals. Earn interest while maintaining access to your funds.
Savings Accounts

Investment Savings
A high-interest savings account that helps you reach your savings goals faster.
- No minimum balance required—start saving right away
- Easy access with online, mobile app and telephone banking
- One free debit transaction per month
- Interest is calculated daily and paid monthly
- Safety and security—eligible deposits are insured up to the maximum amount covered by the Financial Services Regulatory Authority of Ontario (FSRA)

Daily Interest Savings
Get easy access to your savings while earning interest.
- No minimum balance required—start saving right away
- Easy access with online, mobile app and telephone banking
- Two free debit transaction per month
- Interest is calculated daily and paid monthly
- Safety and security—eligible deposits are insured up to the maximum amount covered by the Financial Services Regulatory Authority of Ontario (FSRA)
Easy Access
- Debit card payments (point of sale) with the Daily Interest Savings account
- Alterna, ACCULINK® and THE EXCHANGE® Network ATM withdrawals and transfers.
- In-branch withdrawals
Safe & Secure
- Interac e-Transfer® (send and receive payments)
- Transfers (in-branch, online, mobile and telephone)
External Account Transfers
Moving money from one account to another should be easy. External Account Transfers let you link accounts from different financial institutions, so you can transfer funds easily and securely!
Download External Account Transfer authorization form(PDF)
Personal Service Fees
At Alterna, our members always come first. We’ve always believed that being upfront and honest is the most respectful way to provide important information. That’s why everything you need to know about our current service fees and account features can be found here:
Ways to Bank
Articles

What’s the difference between a chequing and savings account?
There are many benefits to having both a savings and chequing account. Learning to use these two types of accounts jointly can help you reap the benefits of both!

Five Steps to Create a Personal Budget
Creating a budget doesn't need to be complicated. We've simplified the process into five easy steps.

Easy Steps to Start Saving
Personal savings are essential for long-term financial stability. Here are some tips on starting and making savings a habit.
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Ways to Save
Imagine saving for whatever you want in life - effortlessly. That's what Alterna's Ways to Save products and services can do for you.

Chequing Account
Find a smarter way to make your money work for you. Alterna has a banking package to suit your every need.

TFSA
A tax-free savings account (TFSA) is so much more than a regular savings account. Your savings grow tax-free, and you can use it to hold a variety of investments. Open one today to help you reach all of your savings and investing goals.

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.

Mortgage
Whether you’re looking to buy a home, searching for a better mortgage rate or renew an existing mortgage, we have the right solution for your particular needs.
How can we help?
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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