Submitted by Belle Auld
From “Everything You Need to Know About Your Coop Finances”:
First Calgary – advantages to banking with First Calgary for Coop members:
All money (except common shares and mutual funds) are insured, not just $600,000 (the banks’ maximum)
They offer a No Fee for Me chequing account
You can get better interest rates on term deposits as a Coop member
You can get discounted home insurance – via Cumis
If you purchase common shares (which are not insured) they are currently paying 4% (rate not guaranteed)
You qualify for a free Qtrade online investment/trading account
All ATM transactions are free via all credit unions in Canada. There are more credit union ATMs in Canada than any other bank
Printed cheques are free!! (I paid $1 per cheque last time I ordered cheques)
Make sure you identify yourself as a SACHA member – for some benefits you may need to show proof of SACHA membership and residency at Sunnyhill
They have community grants