Savings accounts

You can deposit money into your savings account through transfers between accounts while logging into online or mobile banking, in-branch deposits, BCU ATMs, or direct deposit. Interac e-Transfers and pre-authorized contributions are also available for added convenience.

All personal accounts don’t have a minimum balance requirement.

Interest on your personal savings account is typically calculated daily and paid monthly. The exact timing may depend on the account type.

Yes, you can transfer money from your personal savings account to your chequing account through online or mobile banking, BCU ATMs, or in-branch services. Some accounts may have limits on the number of free transfers per month.

Yes, we use security measures like fraud monitoring, encryption, 2FA, transaction alerts and more to protect your accounts. If you notice any unauthorized transactions, report them as soon as possible for investigation and assistance.

You can either open a personal savings account at BCU Financial online, in the comfort of your home, through our convenient marketplace, or by making an appointment and visiting the nearest branch. You will need two pieces of valid identification, such as a passport, driver’s license, or permanent resident card. You may also need proof of address, your Social Insurance Number (SIN) and your work permit/visa if required. Additional documents might be needed depending on your status.