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Why You Matter

We Don’t Make a Profit off Your Back

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.

Full Service Plus Low Fees and Competitive Rates

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.

Expert Service and Unbiased Advice

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. 

Easy, Secure Access

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 Money Is Safe With Us

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:

  • Up to $100,000 on deposits held in your name
  • Up to $100,000 on deposits held jointly
  • Unlimited coverage on deposits held in registered savings plans such as RSP's, RIF's, RESP's, and TFSA's. 

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’re in Business to Serve You

We welcome membership applications from persons (or family members of persons) employed by, or retired from, these employers:

  • Liquor Control Board of Ontario
  • Alcohol and Gaming Commission of Ontario
  • Any firm producing or distributing alcoholic beverages
  • Honeywell Corporation and affiliates
  • AGCO, MTS Allstream Inc. and affiliates
  • Shell Group of Companies

Once a member, always a member, even if your employment changes.