Important Security Notice: Be aware of unauthorized individuals falsely offering Term Deposits/GICs on behalf of Alterna Bank and Alterna Savings. The Financial Services Regulatory Authority (FSRA) has also warned about fraudulent documents. Protect your finances: Learn how
Accounts
Seniors Banking Solutions
Supporting seniors’ banking needs, and those who love and care for them, is fundamental to building stronger communities. This is why Alterna offers easy ways to manage your money and ensures equitable access to all our members no matter how they choose to bank with us.
Senior Chequing Account Banking Packages
Basic
Perfect for a low volume, consistent user.
Features:
- Monthly day-to-day transactions: 20
- Monthly fee: $4
- Monthly Fee with Senior Discount 60+: $0
- Monthly fee waived with $1,000 minimum balance: Yes
Value
Ideal for a moderate number of monthly transactions.
Features:
- Monthly day-to-day transactions: 35
- Monthly fee: $10
- Monthly Fee with Senior Discount 60+: $5
Unlimited
Great for active account users.
Features:
- Monthly day-to-day transactions: Unlimited
- Monthly fee: $14
- Monthly Fee with Senior Discount 60+: $7
Pay as you go
Ideal for low or occasional users.
Features:
- Monthly day-to-day transactions: Pay per use
- Monthly fee: $0
Contact us today and we can help you pick the right option for your needs.
or call us at 1.877.560.0100
Travel Insurance
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Whether you are travelling across Canada or around the world, an unexpected event can quickly bring you back to reality and potentially cost you thousands of dollars. Protect yourself with coverage options that fit your lifestyle.
- Up to $10 million in out-of-province coverage for emergency hospital and doctor visits
- Trip interruption and cancellation plans
- 24/7 access to multi-lingual emergency travel assistance
Ways to Bank
We’re dedicated to making sure your member experience is the best it can be. If you cannot visit your nearest branch, you have options – you can call our contact centre or use one of our digital banking options.
Seniors Support Centre
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Alterna’s public website and internal information resources provide tools and resources designed to increase visibility and education around the unique banking needs of seniors.
Financial Planning

Investments
Looking to save for a specific goal or ensure your savings are on track? We have the tools and support you need to achieve your dreams and secure your financial future. We make it easy to invest online or chat with one of our investment professionals.

Loans and Lines of Credit
Whether you’re looking to renovate your home, buy a new car or cover the cost of a much-deserved vacation, we can help you achieve your plans and dreams. We offer competitive rates on a variety of loans and lines of credit, so you can find the right solution for your specific needs.

Credit Cards
We have a credit card to fit your lifestyle. Whether you’re looking for valuable reward points, unique partner benefits or simply lower fees, you can choose the card that's right for you.

Mortgages
Looking to downsize, right size or need equity from your home? With our personalized advice and flexible options, you get the right mortgage solution for your needs.
Calculators
Articles

All about Estate Planning
If you’ve been thinking about estate planning and leaving an inheritance to your family and perhaps other heirs, kudos for being proactive.

How to transfer your RRSP to a RRIF
As you near retirement, it will be time to start thinking about winding down your registered retirement savings plan (RRSP).

Safeguarding Your Personal Information
Protecting yourself from fraud requires your diligence all year long. We wanted to provide you with some tangible ways you can safeguard your personal information and proactively detect fraudsters.
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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