Go to:
  1. Personal
  2. Business
  3. About Us
Search
  1. Personal
  2. Accounts
  3. Savings

Make your money work for you

A savings account is a great way to make your money grow. This is the account for members who are looking to enhance their financial well-being while building a nest egg for a special occasion, a dream vacation, or a rainy day.

Talk to a Financial Advisor

Savings account

bullet icon

Two free transactions per month. Every following transaction comes with a fee

Deposits do not count as a transaction and do not incur service fees

bullet icon

Tiered interest

bullet icon

Free e-Statements

bullet icon

Fee information

Rates

​$0 - $5,000

0.30%

​​$5,000.01 - $25,000

0.35%

​​$25,000.01 - $60,000

0.40%

​​$60,000.01 - $100,000 

0.45%

Over $100,000

0.55%

What you need to open an account

Opening a new account begins with confirming your identity. This process must be done in person and an appointment is needed. To confirm your identity you will need to bring the following with you: a valid government issued photo ID and your Social Insurance Number (SIN). Accepted photo ID’s include:

  • Drivers license

  • Passport

  • Status card/Treaty card

  • Permanent resident card

  • Province & Territory ID card

  • Foreign passport

If the individual does not have a government-issued ID, an acceptable original document1 of two of the following could be your original birth certificate, marriage certificate, or refugee program.

Youth account

Opening an account for 18 and under

bullet icon

Under 12 will require parent or guardian identification

bullet icon

Age 12-15 requires one piece of photo ID of the child and the guardian

bullet icon

Age 16-18 requires one photo ID of the youth

Shared or dual account

Opening a shared or dual account

bullet icon

Both members will need to be present to sign off on the change in branch

bullet icon

All account holders must sign to change the operation or ownership of the account

bullet icon

Ensure you understand the implications of joint ownership, including how funds will be managed in the event of death or changes to the account

Please note, all accounts are subject to a credit check2 and a $5.00 membership fee.

Upgrade your savings with specialized accounts and rates!

Whether you’re saving for retirement, education or your next big purchase there are plenty of options to help accelerate your savings.

Learn more

Shop online, in-store, and around the globe

debit Mastercard®

Your debit card that can do more!

Learn more

Helpful Resources

Check out these helpful articles

Money Advice for Life

What does it mean to pay yourself first?

Learn more

Money Advice for Life

Top four emergency fund tips

Learn more

Terms and conditions

1 Document must be the original paper or electronic document, it cannot be a photocopy, a fax, or digitally scanned. It must be valid and unaltered. If any information has been combined from more than one source, it is not acceptable, and current. If there is no expiry date, it must be a recent version of the document.

2 If you decline a credit check for a chequing account there will be restrictions.