Firstontario Credit Union Limited
Cooperative financial institution serving Golden Horseshoe communities
Overview
No detailed description available.
Founded
1939
Members
126000
Assets
$6.5 billion
Branches
34
Current Rates
Verified (Official Source)· Last checked Apr 16, 2026 (2d ago)
High Interest Savings0.80%up to
1-Year GIC2.90%
3-Year GIC3.30%
5-Year Fixed Mortgage4.69%
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 2.90% |
| 3-Year GIC | 3.30% |
| 5-Year GIC | 3.45% |
Pros
- • Solid mobile and online banking with Interac e-Transfer
- • Surcharge-free ATM access through THE EXCHANGE Network
- • Extensive branch network with 34+ locations
- • Large membership base (126000 members) — financially stable and well-resourced
Cons
- • Smaller institution — fewer specialized product tiers than major banks
Best For
Residents of ON looking for a local banking alternativeMembers wanting full-service banking with investment options
Products & Accounts
Chequing
Savings
GICs
RRSP
TFSA
RRIF
Mortgages
Personal Loans
Credit Cards
Business
Investments
Insurance
Membership Eligibility
StatusRestricted
Requirements:
Ontario residents
Open to residents of Ontario. Membership requires purchase of a membership share.
Membership Share (Fee)$5 share purchase
Deposit Protection
Insuring Body
FSRA
Coverage Limit
$250,000 per category
Financial Services Regulatory Authority of Ontario (FSRA) insures eligible deposits up to $250,000 per category at Ontario credit unions.
Digital & Access
- Mobile App
- Online Banking
- Interac e-Transfer
- ATM NetworkTHE EXCHANGE Network
- Digital Ratinggood
About This Data
Rate and eligibility data is gathered from official credit union websites and verified comparison sources. Always verify rates directly on the official website before making financial decisions.
Official Website