Morell Credit Union Limited logo

Morell Credit Union Limited

A full-service financial institution that puts members first.

Visit Website
HQ: Morell, PE
902-961-2735

Overview

No detailed description available.

Branches
2

Current Rates

Verified (Official Source)· Last checked Apr 16, 2026 (2d ago)

Rate data not yet available

Visit the official website for current rates.www.morellcreditu.com

Pros

  • Surcharge-free ATM access through THE EXCHANGE Network
  • Full wealth management and investment services available

Cons

  • Rates not publicly published — must contact branch
  • Limited digital banking features compared to larger institutions
  • Limited branch presence (2 locations)

Best For

Residents of PE 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:

Prince Edward Island residents

Open to residents of Prince Edward Island. Membership requires purchase of a membership share.

Membership Share (Fee)$5 share purchase

Deposit Protection

Insuring Body

PEI CUDIC

Coverage Limit

$250,000 per category

PEI Credit Union Deposit Insurance Corporation (PEI CUDIC) provides deposit protection up to $250,000 per eligible category.

Digital & Access

  • Mobile App
  • Online Banking
  • Interac e-Transfer
  • ATM NetworkTHE EXCHANGE Network
  • Digital Ratingfair
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