Business & Community Service Directory

Alterna Savings and Credit Union Limited (Alterna) has been the Good in Banking for over 110 years! Alterna is made up of Alterna Savings and Credit Union Limited and its wholly-owned subsidiary, Alterna Bank. Together, we have $8 billion in assets under management.

As the first full-service, member-owned co-operative financial institution outside Quebec, Alterna Savings shares our expertise with more than 166,000 members through a network of 35 branches across Ontario, that includes our partners Toronto Municipal Employees’ Savings and City Savings Credit Union, as well as our call centre and digital channels. Our members and customers also benefit from industry leading online brokerage and investment management services and have access to the largest surcharge-free ATM network in Canada through THE EXCHANGE® Network, with over 3,700 ATMs to serve them. 

Alterna Savings Prodcuts and services are as below: 

- Personal Financial Banking

• Everyday Banking: Every day is different. So are our Everyday Accounts. No two people have the same banking needs, so we put your best interests first by offering a variety of account and banking package choices that meet your specific needs.

Welcome to easy, more personal banking. Whether you have a little money or a lot, we can always help you find a smarter way to make your money work for you. 

• Home Buying: If you’re buying a home for the first time, refinancing your existing mortgage, or renovating your home, the professionals at Alterna Savings can help you find a dependable solution—made just for you. 

It’s our promise that:

·         We'll give you fair, competitive rates - no need for shopping around

·         We'll be open and transparent with our mortgage rate pricing, so you'll always know what you're getting

·         Even if interest rates rise, you’ll get the rate we agreed on with our 120-day rate or variance guarantee*

 *For variable rate mortgages, the rate guarantee applies to the variance to Prime. 

• Credit Solutions: Home renovations or upgrades, an extra vehicle, even a much-deserved vacation. Sometimes you just don’t have the funds available to do what you need or want to do. At Alterna, we want to help you achieve your plans and dreams without unnecessary stress. That’s why we offer so many options when it comes to loans, lines of credit, and credit cards. We want you to find a credit solution that’s ideal for your circumstances – made just for you.

• Investments: Long Term savings. Short Term. Fixed. There are so many ways to invest and save, it can seem overwhelming. No need to stress – we can help. Our Investment Specialists will help create a savings plan that’s perfect for you. They’ll show you a variety of investment options and explain how each of them works in plain language, no jargon or fancy terms.

- Commercial & Business Financial Banking: In today’s fast-paced and complex environment, you deserve a financial institution that’s not only supportive, but a true partner to your business. At Alterna, we can help. Our expert team of business professionals have the skills, knowledge and experience to provide you with personalized financial solutions. With our wide range of products and services, our experts are here to help your business grow.

Check out our selection of financial products for your business to find your perfect fit. Or, contact us today to build a package tailored to your needs

• Services & Support: Whether you’re starting a new business or need some advice to expand your existing one, Alterna Savings can help make your vision a reality. We have a wealth of experience providing professional advice for both profit and non-profit organizations.

• Financing solution: Running a small or medium business? We’ve got your credit needs covered! Different needs. Different approach. If you’re a businessperson looking for financial products and services with a real difference, you’re in the right place. We know it’s not easy being an entrepreneur or small business owner. And, when it comes to financing, large lenders often have trouble fitting your peg into the right slot.

• Investing: Alterna Savings' business and organization members rest easy knowing that their money is working for them. Our sole focus is on helping create wealth and preserve wealth so your business or organization can reach its full potential.

-  Wealth Management – Smart Investment Planning

•   Investment & Retirement Planning: At Alterna, our sole focus is to help you build a unique and professionally managed financial solution that creates and preserves wealth for your future and your family. Backed by a team of investment industry experts, your Alterna representative will work with you to develop your investment strategy, retirement plan, education savings and more.

Call your Alterna representative today at 1.855.731.3901 to take advantage of free advice, planning and access to a wide range of wealth management solutions.

•   Full Services Brokerage: Qtrade Advisor Investment Advisors have the expertise, knowledge and training to guide you through the investment choices that fit your overall goals and plans.

 If you prefer to invest in stocks and bonds or are seeking a professional advisory relationship with an expert, talk to one of our Investment Advisors. They will regularly advise you on a broad range of solutions, including investments, retirement income options, and estate and tax planning.

•   Mutual Funds: Mutual funds can be an important part of your plan to build financial security and if you prefer to invest in organizations that have a positive impact on their communities and the world, Alterna can help.

At Alterna you can choose traditional investments or socially responsible investing - the choice is yours. We’ll gladly help you select investments that match your values and dreams—for yourself and the planet.

·         Professional management: mutual funds are professionally managed by experts to provide you with a broad range of diversified investments within a single investment vehicle.

·         Reflect your objectives and risk tolerance: there are mutual funds available to suit every investor’s long or short-term objectives.

• Online Investing:  Alterna Savings has partnered with Qtrade Investor to provide you with online investing from one of Canada’s best online brokers. If you prefer to self-manage your investments, Qtrade Investor empowers you to reach your investment goals