Savings Accounts
Grow your savings and invest in your future with an account that suits your goals.

High Interest Savings

Available to open online

  • Earn high interest on every dollar

  • No monthly fee

  • Transaction fee: $5.00 each

  • Easily set up automatic deposits

Choice Savings

  • Earn interest on every dollar

  • No monthly fee

  • Transaction fee: $0.75 each

  • Easily set up automatic deposits

Prime-Time Savings

This product is no longer available.

  • Earn high interest on every dollar

  • No monthly fee

  • Transaction fee: $5.00 each

  • Easily set up automatic deposits

Benefits & Features

100% Deposit Guarantee

Your deposits are 100% guaranteed by the Credit Union Deposit Guarantee Corporation.

100% Deposit Guarantee

Ding free®

Gain access to a network of 1,800+ no-fee ATMs across Canada.

Ding Free® ATMs

Online & Mobile

Download the 1st Choice Savings mobile app today.

Apple Pay®

Make contactless, safe, and secure purchases on your Apple device with Apple Pay®.

Benefits & Features

100% Deposit Guarantee

Your deposits are 100% guaranteed by the Credit Union Deposit Guarantee Corporation.

100% Deposit Guarantee

Ding free®

Gain access to a network of 1,800+ no-fee ATMs across Canada.

Ding Free® ATMs

Online & Mobile

Download the 1st Choice Savings mobile app today!

Apple Pay®

Make contactless, safe, and secure purchases on your Apple device with Apple Pay®.

Try out our account quiz or view chequing accounts

Take the account quiz to find the perfect account for you or view our other accounts!

Frequently Asked Questions

A financial plan creates a complete picture of your finances. It determines short-term goals such as saving for a car or home, or long-term goals like retirement. You are never too old, too young, too wealthy, or too poor to engage in financial planning. Your goals may change with each life stage and it is important to have a road map so you know you’re on the right track.
A rule of thumb is to save the equivalent of three to six months of living expenses in an emergency fund/rainy-day fund to get you through unexpected events such as a financial setback or car repair. These reserved funds will help you avoid using money from your savings or borrowing from your credit card.
A savings account is best used for short-term goals and readily available funds. Investments are a smart way to grow your savings over a long period of time, protect your money from depreciation, and have your money earn money for you. Both are great ways to save money, but each has different uses and perks. For more information, contact one of our experts.
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