1st Choice Savings & Credit Union
Committed to giving members competitive, flexible rates
Overview
1st Choice Savings & Credit Union is an Alberta credit union offering personal, business and agricultural banking including savings accounts, GICs, mortgages and loans. The credit union states that deposits are 100% guaranteed through the Deposit Guarantee Corporation of Alberta and publishes its rates and product information on its website.
No-Fee Chequing Accounts
Free
Available with no minimum balance or monthly usage limits.
Current Rates
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 2.90% |
| 3-Year GIC | 3.10% |
| 5-Year GIC | 3.25% |
Pros
- • Unlimited deposit insurance through CUDGC, no per-account dollar cap
- • No-fee chequing with no minimum balance or monthly transaction cap
- • Solid digital banking with mobile app, online banking, and Interac e-Transfer
Cons
- • Fewer specialized financial products and international banking services than other institutions
Best For
Products & Accounts
Membership Eligibility
Alberta residents
Open to residents of southern Alberta (Lethbridge area). Full open bond.
Deposit Protection
CUDGC
Unlimited
Credit Union Deposit Guarantee Corporation (CUDGC) provides unlimited deposit protection on all deposits at Alberta credit unions.
Digital & Access
- Mobile App
- Online Banking
- Interac e-Transfer
- ATM NetworkTHE EXCHANGE Network
- Digital Ratinggood
Rate and eligibility data is gathered from official credit union websites and verified comparison sources. Last researched Mar 28, 2026. Always verify rates directly on the official website before making financial decisions.
Official WebsiteRelated reading
