Saven Financial, Division of First Ontario Credit Union (Ont. residents only) | Page 2 | Saven Financial | Discussion forum

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Saven Financial, Division of First Ontario Credit Union (Ont. residents only)
April 25, 2021
1:25 pm
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Forum Posts: 5
Member Since:
July 6, 2019
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GR said
Seems like a new online division of an established credit union for Ontario residents.
HISA 1.55%
GICs 1 to 5 yrs. ranging from 1.55% to 2.05%
No registered accounts; no joint accounts.

https://savenfinancial.ca/en/on-Home  

I am keeping an eye on this one. Thanks.

FirstOntario has 126,000 members and have been operating as a credit union since 1939 (as then, Stelco Employees Credit Union) so it is established. Since their HISA is currently on par with CTFS, if their 1.55% HISA rate proves stable I may open up an account with them in the future in an amount to fall within the DICO/250K FSRA limits.

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