Alterna Bank

CS Alterna Bank is one of the most innovative banks in Canada. It provides a broad range of financial products and services including everyday banking accounts, TFSA and RRSP eSavings accounts, investment savings accounts, personal loans, lines of credit, term deposits, debit cards, fixed rate mortgages, variable rate mortgages, wire transfers, foreign exchange, insurance services as well as mobile and online banking. It also offers investment planning, retirement planning and education funding. Alterna Bank was founded in 2000 and operates as a subsidiary of Alterna Savings (Alterna Savings and Credit Union Ltd), a credit union with over 22 locations in Ottawa, Kingston, North Bay, Pembroke and Toronto, Ontario. The company is a member of the Canada Deposit Insurance Corporation. As of May 31, 2017, the Bank had total assets of C$509.107 million. In March 2017, it launched first and only end-to-end digital mortgage in Canada.

Savings Account Rates

Account Interest Rate  
High Interest eSavings Account 1.95% No minimum balance
Tax-Free Savings Account 1.95% No minimum balance
Retirement Savings Account 1.95% No minimum balance
Investment Savings Account 0.70% No minimum balance

Head office address:
319 McRae Avenue, 2nd Floor
Ottawa, ON K1Z 0B9
Phone: +1 613 560 0120

Alterna Bank branches:

Bramalea Community Banking Centre
2909 Queen Street East, Brampton ON L6T 5J1

3001 Lakeshore Blvd. West, Toronto ON M8V 1J8

Tunney's Pasture
R.H. Coats Building 100 Tunneys Pasture
Driveway Building 1

Westboro Community Banking Centre
319 McRae Avenue, Unit #1, Ottawa ON K1Z 0B9

Place de Ville
112 Kent Street, Ottawa ON K1P 5P2

Bells Corners
2090 Robertson Road Unit K, Nepean ON K2H 8V5

160, Boulevard de l'Hôpital, Gatineau QC J8T 8J1

Place Centrum 210 Centrum Blvd., Orleans ON K1E 3V7

Clock Tower Plaza 823 Norwest Road
Kingston ON K7P 2N4

Rosewood Plaza 680 Pembroke St. East
Pembroke ON K8A 3M2

1577 Danforth Avenue, GTA ON M4C 1H7

St-Laurent Centre 1200 St-Laurent Blvd.
Ottawa ON K1K 3B9

South Keys
2300 Bank Street, Ottawa ON K1V 8S1

271 Bank Street, Ottawa ON K2P 1X5

Billings Bridge
2269 Riverside Drive, Ottawa ON K1H 8K2

North Bay
107 Shirreff Ave., Suite 101, North Bay ON P1B 7K8

Scarborough Community Banking Centre
410 Progress Avenue Scarborough ON M1P 5J1

350 Victoria Street Podium Rm POD 158 (northeast of Yonge and Dundas)
Toronto ON M5B 2K3

4700 Keele St., Unit 18 York Lanes Mall (on York University Campus)
Toronto ON M3J 1P3

4900 Yonge Street, North York ON M2N 6A4

Campus Plaza 113 Queen Street South
Streetsville ON L5M 1K7

Bay Street Community Banking Centre
800 Bay Street, Toronto ON M5S 3A9

1 Queensgate Boulevard, Bolton ON L7E 2X7

Viewmount Centre 1715 Merivale Road
Nepean ON K2G 3K2