Association and Community Accounts

Enjoy affordable banking for your community group or next reunion. You’ll even earn interest and cash dividends on your money. 

  • Get your approval in one business day!

Association and Community Accounts

Discover the benefits!

  • Pay low to no fees
  • Gain interest dollars
  • Earn cash dividends

Your Account Options

Association Association Unlimited Community Service Community Service Unlimited
  • 10 free debit transactions
  • Unlimited, free debit transactions
  • 20 free debit transactions
  • Unlimited, free debit transactions
  • Unlimited, free digital transfers and bill payments
  • Unlimited, free digital transfers and bill payments
  • Unlimited, free digital transfers and bill payments
  • Unlimited, free digital transfers and bill payments
  • Monthly fee: $2
  • Monthly fee: $6
  • Cheques available at cost
  • Monthly fee: $6
  • No monthly fee

Apply Today

Apply Today

Apply Today
Apply Today

Important Resources



See what you'll earn on your account

Association Account Rates
$0.00 to $4,999.99 0.050%
$5,000.00 to $99,999.99 0.100%
$100,000.00 to $199,999.99 0.100%
$200,000.00 plus 0.100%

Enjoy low to no bank fees

Whether you’re planning a family or school reunion or opening an account for your community group, you’ll pay low to bank fees.

Earn interest on your deposits

Every Association Account earns interest. Your interest is calculated daily on the closing balance of your account and paid at month end. The interest rate is tiered which means as your account balance grows, so does the interest rate.

Earn cash for everyday banking

With our Member Rewards program, you’ll earn cash dividends by having your Association Account with us. The more you bank with us, the more you benefit!

Reward your group with affordable banking

Pay low to no bank fees and earn interest and cash dividends on your community or reunion dollars. Your teammates will thank you!

Affordable and Reliable Banking: Association and Community Accounts 

All organizations that handle money need secure, accessible, and reliable bank accounts. That’s just as true for small community groups and non-profits as it is for large corporations.

No matter what the goal of your community group is, a community account can help you reach it. Are you setting up your 20-year high school reunion? Managing a recreational sports league? The right community bank account in Canada can make a major difference for all community groups and associations.

A community account offers plenty of foundational and important benefits, including:

  • Protecting contributions, donations, and other funds provided to your group

  • Making it easier to not only complete transactions when needed, but to review past activity as well

  • Lowering costs that make accounts accessible and support your organization’s community goals

  • Providing interest-bearing opportunities on funds held in your account

Taking advantage of all the benefits that come with being a member of Innovation. That includes cash dividends through our Member Rewards program.

What Should I Look for in a Community or Association Bank Account?

Community groups, associations, community service organizations, non-profits, and similar groups have a wide variety of goals. There’s one thing that connects them despite those differences. Specifically, a desire to support, improve, or otherwise strengthen the communities they serve.

The need for a community account is also common across these organizations. Your association or group already accepts donations, payments, and other kinds of contributions. 

Having a safe place to protect and manage your funds makes it easier to reach your goal. That’s true regardless of your organization’s intent, scope, or any other specifics. A community account can help simplify financial management. That’s a real time-saver, helping staff and volunteers focus more of their attention on other key needs.

Community Bank Accounts: Look for Low Fees and Effective Support

As an organization that isn’t motivated by profit, it’s especially important for you to keep costs low. Keeping funds targeted toward your mission and managing service fees is crucial.

With our community account, you can count on low and predictable fees — and no fees at all for community service groups. Every community account features unlimited and free digital transfers and bill payments. The result is more money going toward your community goals and less spent on fees.

We offer four options to better align your organization’s structure and needs. That includes the volume of debit transactions your association needs to complete each month. And that means more flexibility and the opportunity to find the best fit for your group.

We’re a community-focused, member-owned co-operative ourselves. We understand how important community groups are to the people and places that they support. You can depend on us to provide a community account that helps you reach your goals.

Ready to open a community bank account in Canada? We’re here to help your organization. Apply online today!


Learn more about our accounts and services. Review our Account and Fee Information (pdf).

Identify the interest rates applicable to your account(s) and how they're calculated. Review our About Our Interest Calculations (pdf) document.