Inova Credit Union Limited
Member-owned credit union serving Halifax, Nova Scotia.
Overview
iNova Credit Union is a member-owned credit union in Halifax, Nova Scotia; founded in 1936 as the Halifax District Postal Credit Union, it opened to the wider community in 2004 and absorbed Electragas Credit Union in 2020.
No-Fee Chequing Accounts
Free*
- Minimum balance required
Specific thresholds vary by credit union. Visit Inova Credit Union Limited's website for current requirements.
Current Rates
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 2.45% |
| 3-Year GIC | 2.60% |
| 5-Year GIC | 2.80% |
Pros
- • Deposit insurance up to $250,000 per category through NSCUDIC
- • No-fee chequing available with a minimum balance requirement
- • Solid digital banking with mobile app, online banking, and Interac e-Transfer
Cons
- • Small branch network limits in-person banking options outside the home region
- • Digital banking is functional but less polished than top-tier credit unions
Best For
Products & Accounts
Membership Eligibility
Nova Scotia residents
Open to residents of Nova Scotia. Membership requires purchase of a membership share.
Deposit Protection
NSCUDIC
$250,000 per category
Nova Scotia Credit Union Deposit Insurance Corporation (NSCUDIC) protects deposits up to $250,000 per eligible category.
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
