Services & SupportWhether you’re starting a new business or need some advice to expand your existing one, Alterna Savings can help make your vision a reality. We have a wealth of experience providing professional advice for both profit and non-profit organizations.

Financing SolutionsWe offer Business Overdraft Protection, Business Lines of Credit, Business Visa Credit Cards, Standby Letters of Credit, Commercial Mortgages, and Construction Financing. We’ll help you manage your cash flow, find a little extra wiggle room for your monthly expenses or buffer against the unexpected. Apply for Alterna’s Business and Commercial financing solutions today. Thinking bigger or considering a significant purchase? Ask us about our Term Loans.

InvestingAlterna Savings' business and organization members rest easy knowing that their money is working for them. Our sole focus is on helping create wealth and preserving wealth so your business or organization can reach its full potential.

Term Deposits • Business Investment Savings Account • Mutual Funds • Group Savings • Investment Planning • Full Service and Online Investing

Business Basic

For low but consistent number of

transactions a month

Business Value

Ideal for a moderate number of

transactions a month

Business Premium

Great for the active business

Business Prestige

Specially designed for mid-to-large businesses

with a high level of transactions

Business Pay as You Go

For occasional use

Community Plus Chequing Account

For incorporated non-profit organizations

CHIP Chequing Account

For eligible housing co-operatives and

non-profit housing providers

Accounts for Unincorporated Associations

Eligible for Alterna’s retail banking packages,

including Basic, Value, Unlimited, or

Pay as You Go

1.877.560.0100 | alterna.ca

Products & Services for Business

Business Banking PackagesDoing business today is hectic, complex, and sometimes downright challenging. You – and your business – deserve a financial partner that’s behind you all the way.

Our Banking Packages

for Business & Community

Accounts

Useful LinksHere are some important links that you should review as a new member:

• Privacy Policy – alterna.ca/OnlinePolicies/SecurityAndPrivacy/• Deposit Insurance – alterna.ca/OnlinePolicies/DepositInsurance/• Access to Funds – alterna.ca/Personal/EverydayBanking/Access/AccessToFunds/• Addressing any Concerns – alterna.ca/AboutUs/ContactUs/ComplimentsAndConcerns/

OTHER PRODUCTS AND SERVICES

BUSINESS ONLINE BANKINGAlterna’s Business Online Banking platform offers powerful features to help you easily manage your accounts and transactions online and through your mobile device. Check account balances, send and receive Interac® e-Transfers (with support for Dual Signers, pay bills and tax payments, transfer funds between accounts, and much more. Alterna’s Business Online Banking can be set up for a single signer, or multiple users with different levels of access (options for view-only or full access), and supports two-to-sign transaction approvals.

DEPOSIT ANYWHERE™Quickly and securely deposit cheques with your smartphone or tablet. Whether you’re at coffee with friends, at work, or staying up late – any time is the right time to deposit cheques.

BUSINESS OVERDRAFT PROTECTION*Help cover unexpected cash shortfalls with overdraft protection. Add Overdraft Protection to your Alterna everyday banking account and enjoy the peace of mind of knowing you’ll have access to extra funds when you most need them. You’ll no longer have to worry about not having enough money in your account to clear outstanding cheques, pre-authorized debits and point of sale transactions as your overdraft protection will automatically come into effect up to your approved overdraft limit.

AUTOMATED FUNDS TRANSFERSAlterna has partnered with EFT Canada to provide our Business and Community members with a paperless platform to send and receive preauthorized automated fund transfers (AFT) to other financial institutions. This secure service provides speed and efficiency in collecting approved, one-time or recurring payments from customers. Debit Service is available to collect funds (auto withdrawals for rent, donations, etc., and Credit Service can be used for sending out funds (auto payments for suppliers, direct deposit for payroll, etc.).

CARD PAYMENT PROCESSINGBuild your business with Alterna Savings Merchant Payment Solutions in partnership with Global Payments. No matter what type of business you run, getting paid – quickly, is critical. Global Payments makes it easy for you to offer the payment solutions your customers want and to accept payments in the way your business needs – in-person, in-app, online, and on the go.

WIRE TRANSFERSIf you need to send or receive money quickly and safely across the country or internationally, a wire transfer (sometimes also called a wire payment is often the best option.

*Overdraft protection is subject to Alterna credit approval process. Alterna Savings is a local credit union and a member of the Financial Services Regulatory Authority of Ontario (formerly the Deposit Insurance Corporation of Ontario) June 2020.