Rates
Let your money do the work for you with great rates.
Let your money do the work for you with great rates.
There's more to a credit union than just banking.
We know that strong financial literacy is key to making informed decisions about money.
We offer industry leading business account rates.
Connect with our Business Banking team
Located at 1 James Street South in Hamilton.
Meet our Wealth Team
Our wealth advisors are here to provide expert guidance and support.
We know that strong financial literacy is key to making informed decisions about money.
We know that strong financial literacy is key to making informed decisions about money.
From time to time, FirstOntario offers a limited Series of Class B Investment Shares to the membership. Besides offering an exclusive opportunity to earn a highly competitive annual dividend rate, it’s a uniquely credit-union-way members can invest directly in the long-term growth and success of our credit union.
Investment Shares appeal to a wide range of investors for returns that are potentially better than long-term GICs, but without the market ups and downs. They can be a great addition to a well-diversified investment portfolio and as such, past Investment Share offerings have sold out quickly.
Each Series specifies a minimum and maximum purchase amount.
The opportunity to earn a highly competitive rate with annual dividend distributions.
Available as registered (TFSA, RRSP, RRIF) and non-registered investments.
Both personal and business members (18+) can hold Investment Shares.
During an extended period of historically low interest rates, the following annual dividend rates were paid on all outstanding series of FirstOntario Class B Investment Shares:
The target annual dividend rate for the new 2023 Investment Shares Series is 6.00%*.
Past payment of dividends in no way predicts future ability to pay dividends at all, or at the target rate.
When considering Class B Investment Shares for your investment portfolio, you’re investing directly in our continued success and growth. We want you to be well-informed and confident about investing in FirstOntario Credit Union.
Here are some highlights of our growth and financial performance in recent years:
$6.3 Billion
Assets Under Management
$30.3 Million
Net Income
$5.9 Billion
Assets Under Management
$58.5 Million
Net Income
$5.7 Billion
Assets Under Management
$24.8 Million
Net Income
Past performance does not indicate or guarantee future performance.
For an in-depth look at our financial performance plus our member and community impact success, check out our Annual Reports.
*Dividend rates and payments are not guaranteed. Dividends may not be paid or may not be paid at the target rate; however, FirstOntario Credit Union has historically always paid a dividend on its previous Series of Investment Shares. Past payment of dividends in no way predicts future ability to pay dividends at all, or at the target rate. These shares are only available by obtaining an offering statement detailing all the terms, conditions, and risks of this investment.
Online policies • Privacy • Internet Security • Legal • Accessibility Statement • Market Conduct Code • Site Map
FirstOntario Credit Union © Copyright 2024