Savings Accounts

New Savings Accounts effective July 1, 2017

Our suite of savings account products will change on July 1, 2017. For more information about this change, visit our Everyday Banking page.

Below you will find information on our new savings accounts.

If you have a savings goal in mind, we have some simple solutions designed to help you achieve those goals.  Whether you're looking for flexible, short-term savings or an account for longer term goal at a higher rate, there's an account for you.

To compare your options side-by-side, you can download the new Chequing and Savings accounts menu


Simply Everyday Savings Account Expand/Collapse

If you regularly save your money, but like the flexibility of access to it, then this is the account for you. The Simply Everyday Savings Account offers you a flexible and convenient way to save your money, with anytime access to use your savings for whatever you need them for!

Features and Benefits

  • Transaction fees waived for members 18 and younger (except Interac & Cirrus ATM transactions)
  • Easy to understand, pay for use pricing
  • Helps you save for current/immediate needs
Monthly Fee Pay as you go
Number of Transactions Unlimited deposits and online transfers between YNCU accounts
Charge for Additional Transactions $1.00

Account Extras

Interac e-Transfers $1.25
ATM Withdrawals at another Financial Institution Ding Free at an Exchange Network ATM
$1.50 In Canada at a non-Exchange Network ATM
$3.00 Outside Canada
Discounted Student Fee Free for youth members up to age 18
Interest Paid monthly, at posted rate

High Interest Savings Account Expand/Collapse

Do you maintain a higher balance in your savings but don’t want the funds to be locked in? Then the High Interest Savings Account is right for you. Save for life’s important purchases, like vehicles, vacations, home renovations, or whatever you need, and earn a higher rate of return on your savings.

Features and Benefits

  • One free debit transaction, transfer, or withdrawal per month
  • Easy to understand, pay for use pricing
  • $5000 minimum monthly balance to receive best rate
Monthly Fee Pay as you go
Number of Transactions Unlimited deposits and one free Debit transaction per month
Charge for Additional Transactions $2.00

Account Extras

Interac e-Transfers $2.00
ATM Withdrawals at another Financial Institution Ding Free at an Exchange Network ATM
$1.50 In Canada at a non-Exchange Network ATM
$3.00 Outside Canada
Discounted Student Fee and Senior Monthly Fee N/A
Interest Paid monthly, at posted rate.  Higher interest rate on deposit balance over $5,000

Combination Savings Account Expand/Collapse

Would you like an account that offers the flexibility of a Savings Account with the interest earning power of a GIC?  (Silly question - who wouuldn't?)  The Combination Savings Account is for you!  Your money is there when you need it, and growing at a special rate of return when you don't.  Learn more on the Combination Savings Account page.

Features and Benefits

  • Minimum deposit of $5000
  • Guaranteed special rate of return
  • Product opens for deposits every 3 months
  • Easy to understand, pay for use pricing

Monthly Fee Pay as you go
Number of Transactions Unlimited deposits and one free Debit transaction per month
Charge for Additional Transactions $2.00

Account Extras

Interac e-Transfers $2.00
ATM Withdrawals at another Financial Institution Ding Free at an Exchange Network ATM
$1.50 In Canada at a non-Exchange Network ATM
$3.00 Outside Canada
Discounted Student Fee and Senior Monthly Fee N/A
Interest Paid monthly, at posted rate.  Higher interest rate on deposit balance over $5,000

US Hybrid Chequing & Savings Account Expand/Collapse

Avoid the ups and downs of the U.S. currency exchange rates with the U.S. Hybrid Chequing & Savings Account. This account will help you avoid converting U.S. currency to Canadian and back again. This account gives you the ability to write cheques, build savings, and earn interest in U.S. currency.

Features and Benefits

  • No minimum deposit required
  • Earn interest in U.S. dollars
  • Flexibility to withdraw at any time (2 free monthly withdrawals)

Core Features and Benefits


Monthly Fee Pay as you go
Number of Debit Transactions 2 free per month
Charge for Additional Transactions $1.00

Account Extras

Cheques At current market pricing
Statement Free On-line / $2.00 printed
Interest Paid monthly, calculated on daily closing balance
  • Savings accounts in effect until June 30, 2017 (PDF - 282.68 KB)

    Download our menu of savings accounts options (in effect until June 30, 2017).  Standard service fees apply to transactions not listed in the savings accounts options.
 

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