Alterna Savings
We’re a credit union committed to our members and local communities
Alterna is committed to delivering good, caring and transparent financial services as a supportive partner and advisor. Together, we help our members set and reach their goals, while putting our profits towards member services and helping our local communities.
Alterna Savings Firsts
Alterna Savings was the first full-service, member-owned financial co-operative outside Quebec.
Alterna was the first credit union to offer micro-loans through our Community Microfinance Program. The program also offers wrap-around support for underserved entrepreneurs with one-on-one consultations, financial education, tools, and workshops. Since its inception, the program has disbursed millions in loans and helped change the lives of thousands of underrepresented people and their families.
Alterna is a leader in the cannabis industry and was the first financial institution to provide services to marijuana-related businesses in Canada.
Alterna was the first credit union to introduce a national digital bank and the first to offer a fully digital end-to-end mortgage through our wholly-owned subsidiary, Alterna Bank.