Member Rewards - Earn more today!
Earn rewards - join us today

Share in the success of your credit union!

Being an Innovation member means you get to share in the success of your credit union!

When you become a member:
  • You buy a $5 share to own a part of our credit union.
  • We'll open a Member Rewards Account for you.
  • We’ll deposit cash dividends and equity to your Member Rewards Account.
We just paid $500,000 in cash dividends and equity to our members this quarter!

There are three parts to the Member Rewards program: Earn, Save, and Give.


How Do I Earn? Expand/Collapse

You’ll get cash put into your Member Rewards Account simply by doing your everyday banking with us! Here’s how.

  1. We pay equity to your Member Rewards Account based on the business you do with us.

  2. We pay you cash dividends based on the amount of equity you have. And THAT cash you can access and spend!
So, the more equity you have, the more cash you’ll see!
How equity converts to cash!

We also pay $5 cash every 3 months to youth ages 18 and under.

Equity Payments

Your equity payments are based on:

  1. Loan interest you’ve paid PLUS
  2. Deposit interest you’ve earned
You’ll earn equity on:
  • Low-Fee Interest Accounts
  • US Accounts
  • Savings Accounts
  • Term deposits
  • Loans and mortgages
  • Lines of credit
Our members have earned approximately $33.3 million in equity and cash dividends over the past 13 years simply by doing business with us! What bank would do that?

What is equity?

Equity is the profits we earn that help keep our credit union strong. As an owner member of Innovation, you earn a portion of our profits. And as a thank you for letting us hold onto your equity portion, we pay cash dividends.

We build equity to serve you better:
  • So, you get the best products and services like our No-Fee Bank Account.
  • You get competitive rates on investments and loans.
  • You see improvements to our advice centres, website and mobile app.
  • We ensure your credit union is sound and stable.

What is a cash dividend?

A dividend is a payment to our owners, like you. It’s a portion of our profits that we share with you that you can save or spend. Our Board approves payment based on how our credit union is performing.

How Do I Save? Expand/Collapse

Members save on fees!

Members save more for their futures!

How Do I Give? Expand/Collapse

Your business helps us support your community!  Over the past 13 years, our members have helped us give back approximately $6.42 million to the communities we serve. Here's our 2019 community approximate investment totals:

  • $507,000 in sponsorships and donations
  • $33,000 in scholarships and spirit awards
  • $22,500 in donations to charity by staff
  • 12,900 staff volunteer hours
To learn more details, visit the community area of our website.

Can I withdraw money from my Member Rewards Account? Expand/Collapse

You can withdraw your cash dividends anytime you like. Simply transfer the available cash balance from your Member Rewards account to any account you like or contact us to set up an automatic transfer for you.
Equity and cash dividends on mobile app
As a thank you for your loyalty, you can also withdraw from the equity portion of your Member Rewards account when:

  • Your equity balance reaches $5,000 (personal members) or $10,000 (business members). Once this happens, you can take out any money above that $5,000 or $10,000 balance.

    Or

  • When you reach age 65. You’ll need to keep your $5 member share in your account, but you can withdraw anything over $5.

Online banking and mobile app feature Expand/Collapse

See how much you save, earn, and give through our Member Rewards feature in both our mobile app and online banking! 

There's also a Member Rewards calculator to help you see how you can earn more.

Using Our Mobile App

Mobile app

Using Online Banking
Online Banking

Haven't downloaded our mobile app yet? It's easy!
Member Rewards to date

If you're interested in opening an account or have questions about our Member Rewards program, we'd love to help:


Contact Us


If you should close your Innovation accounts, we will reimburse your $5 share and pay you your equity and cash dividends within 1 year of your account closure.

Apply Now

From the Cubicle of Our CEO

Federal Continuance

Disclosure Notice

Caring Company