Open a No-Fee Bank Account between June 1st and September 30th, and you could win a $2,500* e-bike!

Already a member? Refer a friend to be entered to win.

Why choose Innovation?

Discover what Responsible Banking™ is all about - where you and your community truly matter. Start enjoying free banking today! 


You'll save as much as $11/month in bank fees with your No-Fee Bank Account. Everything is free including Interac e-Transfer® transactions!


As an Innovation member, you'll earn profit sharing dollars just by banking with us! You share in our success - it's just the right thing to do.


Your business helps us give back to your community. We share 2% to 4% of our pre-tax profits with the communities we serve thanks to you!

No-Fee Bank Account E-Bike Draw

Between June 1, 2023 and September 30, 2023 (the “Offer Period”) Qualifying Account Holders* will be entered into a monthly draw to win an e-bike, provided the following terms and conditions are met:

Terms & Conditions

1. Eligibility

*Qualifying Account Holders must be a new customer to Innovation, be 18 years of age or older, be a Canadian resident (excluding Quebec), meet Innovation’s membership and account opening approval criteria, and cannot have been an Innovation member since January 2016.  

2. Offer Conditions

As a Qualifying Account Holder, you will be entered into a draw to win an e-bike, in the month of your account opening, after meeting the following conditions:

(a)  Successfully open an Innovation No-Fee Bank Account (the “Account”) through the Online Account Opening Application on Innovation’s website; and,

(b)  Deposit a minimum of $5.00 into your Account to pay for the cost of the membership share fee.

3. Additional Information

After the Offer Conditions have been met, the Qualifying Account Holder will be entered into the corresponding monthly draw to win an e-bike. For example: If a Qualifying Account Holder opens their account in June of 2023, they will be entered into the June 2023 draw to win an e-bike. The draw will occur the week following month end and winner(s) will be randomly selected. Winner(s) will be notified by phone or email. Winner will be provided a total budget of $2,500 inclusive of bike equipment purchase, shipping, taxes, and additional fees to purchase their E-bike. E-bike will be shipped to an address provided by the winning member(s) if applicable.

The Qualifying Account Holder’s account(s) must also be active and in good standing (not in an unauthorized overdraft or in a delinquent status) at that time of the monthly draw. If the No-Fee Bank Account is opened as a joint account, the primary account holder will be entered into the monthly draw. If the draw is won by a jointly opened account, the e-bike will be jointly awarded to the account holders.

The Qualifying Account Holder will be charged a fee of $30 if they close their No-Fee Bank Account within 180 days of opening the Account, as per Innovation’s Account and Fee Information brochure.

Limit of one draw entry per Qualifying Account Holder, including for joint Account Holders. The recipient(s) of the Offer is solely responsible for any tax consequences associated with their receipt thereof.

Innovation employees and immediate family members of employees are not eligible for the Offer.

Innovation reserves the right to cancel or change these Terms and Conditions at any time without notice, for any reason, and to revoke the Offer for any customer who appears to be manipulating or abusing the Offer or appears to be engaged in any suspicious/fraudulent activity.