Vermilion Credit Union logo

Vermilion Credit Union

Community banking in Vermilion, Alberta.

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HQ: Mannville, AB
780-763-6455

Overview

Vermilion Credit Union is a member-owned Alberta credit union with branches in Vermilion and Mannville, offering personal, agribusiness and business banking.

Founded
1943
Members
4,152
Assets
$273 million
Branches
2

No-Fee Chequing Accounts

$8.00/mo
Standard monthly fee

$8.00/mo

Standard monthly chequing fee. No free-tier option available at this credit union.

Other account options may be available. Visit Vermilion Credit Union's website for full pricing.

Current Rates

Verified (Official Source)· Last checked Jul 2, 2026 (12d ago)
High Interest Savings0.75%up to
1-Year GIC2.60%
3-Year GIC3.09%
5-Year Fixed MortgageNot available

GIC Rate Ladder

TermRate
1-Year GIC2.60%
3-Year GIC3.09%
5-Year GIC3.50%
See detailed rate history per product

Pros

  • • Unlimited deposit insurance through CUDGC, no per-account dollar cap
  • • 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
  • • Current rates are not consistently published on the website, contact the credit union directly for quotes

Best For

Residents of AB looking for a local banking alternativeMembers wanting full-service banking with investment options

Products & Accounts

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

Membership Eligibility

StatusRestricted
Requirements:

Alberta residents

Open to residents of Alberta. Membership requires purchase of a membership share.

Membership Share (Fee)$5 share purchase

Deposit Protection

Insuring Body

CUDGC

Coverage Limit

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
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