OP Credit Union
Financial services for Ontario's Finnish community.
Overview
Finnish Credit Union (Osuuspankki) is an Ontario credit union in Toronto, registered in 1958 to serve members of the Finnish community and their families.
No-Fee Chequing Accounts
$7.95/mo
Standard monthly chequing fee. No free-tier option available at this credit union.
Other account options may be available. Visit OP Credit Union's website for full pricing.
Current Rates
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 1.75% |
| 3-Year GIC | 2.10% |
Pros
- • Deposit insurance up to $250,000 per category through FSRA
- • Solid digital banking with mobile app, online banking, and Interac e-Transfer
- • Surcharge-free ATM access through THE EXCHANGE Network
Cons
- • No no-fee chequing option, all chequing accounts carry a monthly fee
- • Small branch network limits in-person banking options outside the home region
Best For
Products & Accounts
Membership Eligibility
European descent or work for a European organization
Closed-bond ethnic credit union. To become a member you must be of European descent or work for a European organization. Max 3% of members may be non-European, subject to board approval.
Deposit Protection
FSRA
Unlimited in registered accounts. $250,000 per category in non-registered.
Financial Services Regulatory Authority of Ontario (FSRA) provides unlimited protection in registered accounts and up to $250,000 per category in non-registered accounts at Ontario credit unions.
Digital & Access
- Mobile App
- Online Banking
- Interac e-Transfer
- ATM NetworkTHE EXCHANGE Network
- Digital Ratingfair
Rate and eligibility data is gathered from official credit union websites and verified comparison sources. Always verify rates directly on the official website before making financial decisions.
Official WebsiteRelated reading
