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Fusion Credit Union

Member-owned credit union serving southwestern Manitoba, formed from Catalyst and Vanguard.

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HQ: Dauphin, MB
204-622-4500

Overview

Fusion Credit Union is a member-owned Manitoba credit union formed in 2018 through the amalgamation of Catalyst and Vanguard credit unions, serving communities across southwestern Manitoba from its Brandon head office.

Founded
2018
Members
30,000
Assets
$1.5 billion
Branches
20

No-Fee Chequing Accounts

$0.00*
Verdict

Free*

To Qualify
  • Minimum balance required

Specific thresholds vary by credit union. Visit Fusion Credit Union's website for current requirements.

Current Rates

Verified (Official Source)· Last checked Jul 14, 2026 (0d ago)
High Interest Savings1.55%up to
1-Year GIC3.40%
3-Year GIC3.60%
5-Year Fixed Mortgage3.94%

GIC Rate Ladder

TermRate
1-Year GIC3.40%
3-Year GIC3.60%
5-Year GIC3.75%
See detailed rate history per product

Pros

  • • Unlimited deposit insurance through DGCM, no per-account dollar cap
  • • No-fee chequing available with a minimum balance requirement
  • • 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

Residents of MB looking for a local banking alternativeSavers seeking above-average deposit ratesFarmers and agricultural businesses

Products & Accounts

Chequing
Savings
GICs
RRSP
TFSA
RRIF
Mortgages
Personal Loans
Credit Cards
Business
Agriculture

Membership Eligibility

StatusRestricted
Requirements:

Manitoba residents

Open to Manitoba residents. Formed in 2017 from Vanguard and Catalyst credit unions.

Membership Share (Fee)$5 share purchase

Deposit Protection

Insuring Body

DGCM

Coverage Limit

Unlimited

Deposit Guarantee Corporation of Manitoba (DGCM) provides unlimited deposit protection on all deposits at Manitoba credit unions.

Digital & Access

  • Mobile App
  • Online Banking
  • Interac e-Transfer
  • ATM Networkding free® ATM Network
  • Digital Ratinggood
About This Data

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 Website