Why Bank Here?

10 Good Reasons Why You Should Join Provincial Alliance

1. Non-profit status.
   For-profit banks and other lending institutions are looking for a return on an investment when a member takes out a loan. We, however, have no stockholders looking at the return on their investment.
2. Democratic process.
   The board of directors is elected by the union's membership, and works on a volunteer basis. Unlike banks, you have a direct say in who's elected to run the credit union.
3. Inclusiveness.
   All Ontario residents are eligible to join.
4. Lower fees.
   Comparatively, we have lower fees for services than most banks.
5. Our best interest rates on loans.
   Our interest rates are typically better and our loan products more flexible than many other financial institutions.
6. Funds returned to our members.
   Our profits are your profits - each year, a dividend determined by the profitability of the credit union is given back to you, our members.
7. Easy to join.
   Our process is then fairly simple, and you enjoy all the benefits of owning a stake in the credit union with your $50 membership share.
8. You are covered.
   The Deposit Insurance Corporation of Ontario (DICO), an agency of the provincial government, established under the Credit Unions and Caisses Populaires Act, 1994. DICO helps keep Ontario's credit unions safe and sound by providing deposit insurance and regulations. Your deposits are automatically insured with DICO up to the $100,000 limit; you don't have to pay for deposit insurance, premiums are paid for you by your credit union.
9. Convenience.
   We have many convenient branch locations across Ontario. You can also access your money 24/7 with services from online banking, telephone banking, to a nation wide network of ATM machines at your disposal through the Exchange Network.
10. Friendly Service.
    Our staff is knowledgeable, informative and here to help you get to where you want to go.