Join the 67,500+ members who bank with us!
Save. Earn. Give. That’s Responsible Banking™.
Save money with low-to-no fees and competitive rates. Earn profit-sharing dollars simply by banking with us. Give back to your community and causes that matter.
$0
bank fees, so you save each month.
$49.7 million
paid in cash rewards to our members.
$10.4 million
invested in your communities.
Discover Better Banking
No-Fee Chequing Account
Pay $0 in monthly fees, transactions, and withdrawals including Interac e-Transfer®.
Savings Account
Pay $0 in monthly fees. Earn cash dividends plus interest.
Mortgage
Fund your home with flexible mortgage options. Plus, you'll earn Member Rewards!
Personal Loan
Enjoy simple borrowing for that one-time purchase or emergency need.
Visa* Cards
Find the best credit card for you today, with no fees, rewards, cash back options, and more.
Line of Credit
Enjoy convenient, easy-to-access cash with low minimum payments.
Explore Exciting Member Offers
Get Up to $4,000 Cash Back*
This special mortgage offer is available on your:
- first mortgage,
- a mortgage transfer to us, or
- next mortgage with us!
*Terms & Conditions Apply
Apply to win a $500 giveaway!*
Open a No-Fee Bank Account. You could win a $500 giveaway!*
- Pay $0 bank fees.
- Enjoy unlimited transactions!
*Terms & Conditions Apply
Refer a Friend for $50*
If they open a No-Fee Bank Account,
- you'll get $50 and
- they'll get $50!
*Terms & Conditions Apply
Access banking solutions anytime, anywhere.
Download our banking app to:
- Check your balance,
- Transfer money,
- Deposit cheques,
- Pay bills, and more!
You Help Us Give Back to Your Community
Banking with us supports your community in the form of scholarships, sponsorships, and grants.
We allocate 2% to 4% of pre-tax profits every year to our communities.
Meet a Sponsorship Recipient
Swift Current Broncos
“Our iRead program partnership creates a fun, interactive reading experience for kids. Thank you!”
Sponsorship
Apply for financial support in minutes.
Grants
Fund your larger community project. Make a difference!
Scholarships
Win thousands to help with tuition costs. Applying is easy!
PRISM Network
We're recognized as a PRISM Network certified company by Imagine Canada.
Blogs
Is Mortgage Interest Tax Deductible in Canada?
Get practical tips & insights on how to navigate mortgage interest tax deductions.
Should I Accept a Line of Credit? The Do’s and Don’ts
Familiarize yourself with pros and cons of accepting a line of credit and its terms.
How to Read a Void Cheque
Interpret the details of a void cheque and the ways you might need to use it.
Frequently Asked Questions
What are the benefits of online banking with Innovation?
You can trust your online banking experience will always be a great one.
- Your money is safe and secure.
- Applying for loans, mortgages, accounts, and GICs is fast and easy.
- The empowering tools and features let you budget, pay bills, make transfers and more.
Plus, you’ll save money! Our No-Fee Bank Account is the perfect example. Not to mention you’ll get personalized advice to resolve any financial issues you come across. Search Innovation Federal Credit Union at your favourite app store to get started!
What makes an Innovation No-Fee Bank Account so good?
With a No-Fee Bank Account, not only do you pay zero monthly fees, but you’ll also enjoy:
- Free and unlimited Interac e-Transfer® transactions.
- Surcharge-free ATM transactions at any ding free ATM location.
- No minimum balance requirements.
Plus, you can access all the standard benefits of a bank account. From debit cards/Debit Mastercard® cards to our easy-to-use mobile banking app, you’ll have everything you want in a chequing account.
What do I get with a savings account?
With an Innovation Savings Account, you’ll enjoy:
- no monthly fees,
- no minimum balance requirements,
- six free debit transactions per month, and
- 24/7 fast access through your mobile device.
Plus, you’ll earn interest and Member Rewards cash! Choose from a variety of additional savings plans, including Tax-Free Savings Accounts (TFSAs), Guaranteed Investment Certificates (GICs), Registered Retirement Savings Plans (RRSPs), and Registered Education Savings Plans (RESPs).
What types of loans do you have available?
As a member, you have access to a wide variety of loans and lines of credit, which can help with everything from unpredictable expenses to home renovations. And you can apply for both in just a few minutes online.
You can also explore a range of mortgage loans, from first-time home buyer incentives to building a new home from scratch.
Plus, the moment you become a member, you’re part of our Member Rewards program, where you can earn cash dividends and monthly transaction rewards! That means you earn profit-sharing dollars simply by having a loan, line of credit, or mortgage with us. Choosing us as your financial institution also supports your community because we share 2-4% of our pre-tax yearly profits with local organizations.