Find out more about this year's election.

FHSA GICs now available! Learn more

FirstOntario's Annual General Meeting (AGM) will be held by virtually via Webex on Wednesday, April 24, 2024. Learn more

- HISAs
- GICs
- TFSAs
- TFSA GICs
- FHSA
- FHSA GICs
SavenSmarts Blog

The First Home Savings Account (FHSA) is coming soon! Stay tuned.

Saven members have the opportunity to run for our Board of Directors.
Learn more

We will be closed on November 13 for Observation of Remembrance Day. | Saven members are invited to run for our Board of Directors.

- HISAs
- GICs
- TFSAs
- TFSA GICs
- FHSA
- FHSA GICs
SavenSmarts Blog

Products
About Us
SavenSmarts Blog
Log In
Join Us

04/23/2024 11:15 AM

04/24/2024 12:00 PM

#381750

172px

210px

160px

03/21/2024 4:31 PM

03/22/2024 3:29 PM

#cb187f

172px

210px

160px

10/30/2022 2:48 PM

12/03/2022 2:48 PM

230px

172px

210px

160px

true

Rates that make your money grow

More great products with serious ways to save.

High Interest Savings Account Rates^†

Our high interest savings accounts, available as unregistered accounts, Tax-Free Savings Accounts (TFSAs), and First Home Savings Accounts (FHSAs), offer an excellent way to grow your savings with competitive interest rates and no minimum deposit needed. These accounts cater to your unique saving needs, providing flexibility and security for your financial goals. Explore the variety of our high interest savings account options to find the perfect fit for your saving strategy.

Savings accounts	Rate
HISA	4.20%
TFSA	4.20%
FHSA	4.20%

GIC Rates^††

With our GICs you choose how much you want to invest, how long you want to invest, and even how you'd like your interest payout - annually to your savings account or reinvested back in your GIC account. It's that simple.

Term	Rate
1 Year	5.40%
2 Year	5.30%
3 Year	4.90%
4 Year	4.75%
5 Year	4.65%

*The money you deposit into a High Rate GIC is insured up to $250,000 by DICO.

TFSA GIC Rates^††

Choose your term and your tax-free payout. Your interest earned on your investment (minimum $1,000) will be paid out annually to your TFSA savings account or back into your TFSA GIC.

Term	Rate
1 Year	5.40%
2 Year	5.30%
3 Year	4.90%
4 Year	4.75%
5 Year	4.65%

^†High Interest Savings Account (HISA) and High Interest Tax-Free Savings Account (TFSA): Per annum rate. Rate subject to change at any time. Conditions apply. Interest is calculated daily and paid at the end of each month. No minimum deposit.

^††Guaranteed Investment Certificate (GIC) and Tax-Free Savings Account (TFSA) GIC: Minimum investment is $1,000. Non-redeemable. Per annum rates. Rates subject to change at any time. Conditions apply. For non-registered GIC, choice of interest payout annually to HISA or reinvest interest back in GIC account. For TFSA GIC, choice of interest payout annually to TFSA ISA or reinvest interest back in TFSA GIC account.

FHSA GIC Rates^††

Explore the unique benefits of our First Home Savings Account (FHSA) Guaranteed Investment Certificates (GICs), specifically tailored for first-time homebuyers. With a $1,000 minimum deposit, these GICs combine the security of fixed-term investments with the advantages of an FHSA, offering a strategic way to save towards your first home. With competitive interest rates and the unique tax advantages of an FHSA, our FHSA GICs provide a practical and focused approach to achieving your homeownership dreams.

Term	Rate
1 Year	5.40%
2 Year	5.30%
3 Year	4.90%
4 Year	4.75%
5 Year	4.65%

To get our rate,
you must be a Saven member.

JOIN US

ALREADY A MEMBER?
CLICK HERE TO LOG IN TO SAVEN ONLINE BANKING.

Let's get you back to saving!

Still feeling lost? We're always here to guide and assist. Contact our Saven Service Centre for personalized help.

Ready to get started?

It only takes a few minutes to enjoy great interest rates, no monthly fees and start Saven for your future!

Begin your journey to homeownership today!

Unlock exceptional interest rates, zero monthly fees, and tax-free growth with Saven Financial's Home Savings Account.
Start building towards your future home today!

Ready to boost your savings?

Experience the power of consistently great rates. Begin your journey towards better savings today!

Secure your future with guaranteed returns!

Don't let market volatility dictate your returns. Commit now for guaranteed growth!

Maximize your savings, tax-free!

Save smarter and keep more of your hard-earned money. Start your tax-free journey today!

Guarantee your growth, tax-free!

Secure your savings with certainty. Invest in a TFSA GIC today and watch your money grow, worry-free!

Discover rates tailored for your goals!

Ensure your money is working as hard as you do. Choose the account that's right for you and start earning more today!

Transparent, fair, and rarely needed!

Navigate your finances confidently and without hidden fees.

Experience savings, refined and redefined!

Because banking should be easy, convenient, and always in your favour.
Start your seamless saving journey with us today!

Join a community focused on your financial growth!

Because we believe in a brighter financial future for everyone. Get to know us better, and let's save together!

Savings meets service - make a difference with Saven Financial!

Together, let's make every dollar count. Join the Saven Financial family and shape a better tomorrow for all of Ontario!

Become a smarter saver with Saven Financial!

Never miss out on a chance to save more efficiently. Subscribe to SavenSmarts and take control of your financial future today!

Still have questions? We're here to help!

Your understanding and satisfaction are paramount to us. Can't find an answer? Reach out and let's get you sorted!

Step into the future with Saven Financial!

Experience financial clarity, commitment, and community like never before.
Become a Saven Financial member today and redefine your savings experience!

Navigating with trust and transparency!

Peace of mind in every click. Stay informed about our practices, and bank online with confidence.
Questions about our policies? Reach out to ensure clarity every step of the way.

Your security is our top priority!

Enjoy peace of mind with every transaction and interaction. Trust in our commitment to safeguard your financial journey at all times.
Need more details on our protective measures? We're here to address any concerns.

Take control of your financial safety!

Your security starts with you. Explore our guidelines, be vigilant, and ensure a secure financial future.
Have questions or need more advice? We're always here to assist and inform.

Your voice shapes our service!

Whether it's a compliment or a concern, your insights are crucial.
Share your experiences with Saven Financial, and together, let's elevate your savings journey.
Have a unique perspective or question? Reach out directly - we're always listening.

Reach out, even during the holidays!

Keep our holiday schedule handy to ensure you get the support you need when you need it.
Have questions during the holidays? Explore our FAQ or drop us a message, and we'll get back to you!

Banking at your fingertips with the Saven Financial app!

Stay in control of your finances and download our app now to unlock the full spectrum of online services.
Encountering challenges or have questions about the app? We're here to help!

While we fix things up...

Explore more from Saven Financial or stay updated with our latest insights.

SavenSmarts

Your vote shapes our future!

Exercise your right and make an impact! Stay informed, discover the candidates, and cast your vote!
Not sure how to vote or need more details? We're here to guide you every step of the way.

Meet the visionaries behind Saven's tomorrow!

Your informed vote paves the way for Saven's future. Take your time, get to know each candidate, and make your voice heard.
Have questions or need clarity on the election process? Reach out, and we're here to assist!

Stay ahead with SavenSmarts!

Dive deeper into the world of savings, finance and more with us. Be a part of the Saven Financial community and never miss an insight!

SavenSmarts

Saven Financial members need our mobile app to start saving

Download it now!

Your smartphone must be updated to the latest version of iOS or Android OS (or up to two earlier versions).

Biometrics must be set up on your smartphone before you download the app.

Get Our Latest News

Begin your home savings journey

In just a few minutes, you can start benefiting from our outstanding rates on FHSA GICs.
Join us at Saven Financial and take a significant step towards saving for your first home!

Affiliation And Deposit Insurance

Saven Financial is a division of FirstOntario Credit Union.

Got Questions?

View our FAQs

Call 1-877-98SAVEN (987-2836)

Live chat with us

Let's Connect

Facebook: @savenfinancial

Twitter: @savenfinancial

LinkedIn: @savenfinancial

Instagram: @savenfinancial

Saven is a division of FirstOntario Credit Union*

™Saven Financial and Designs are trademarks of FirstOntario Credit Union.

Online Policies

Media

Upcoming Elections

Got questions?

View our FAQs

Call 1-877-98SAVEN (987-2836)

Access your accounts on the go

Learn about our mobile app

Subscribe to our newsletter

Let's connect

Facebook: @savenfinancial Twitter: @savenfinancial LinkedIn: @savenfinancial Instagram: @savenfinancial

Our Leadership Online Policies Elections Rates Fees

* Saven is a division of FirstOntario Credit Union.

† High Interest Savings Account (HISA) and High Interest Tax-Free Savings Account (TFSA): Per annum rate. Rate subject to change at any time. Conditions apply. Interest is calculated daily and paid at the end of each month. No minimum deposit.

†† Guaranteed Investment Certificate (GIC): Minimum investment is $1,000. Non-redeemable. Per annum rates. Rates subject to change at any time. Conditions apply. For non-registered GIC, choice of interest payout annually to HISA or reinvest interest back in GIC account. For registered GICs, choice of interest payout annually to the same registered ISA or reinvest interest back in the same account.

§ The Saven Financial First Home Savings Account ("Saven FHSA") Introductory Interest Rate is available between November 26, 2023 and April 1, 2024, exclusively (the "Introductory Period"). You can earn a special annual interest rate of 6.00% calculated daily and paid monthly during the Introductory Period on cash deposits to your first Saven FHSA. To accept this offer, you must open a Saven FHSA during the Introductory Period and make a deposit to your eligible Saven FHSA during the Introductory Period. This offer is available to new and existing members who are eligible for a First Home Savings Account and is subject to change without notice. Consult your tax advisor for eligibility criteria, features and tax implication.

¶ Contribution is pro-rated annually based on the value of deposits and amount of time they are held with Saven, to a maximum of 0.05% of deposits.

Rates that make your money grow

High Interest Savings Account Rates†

GIC Rates††

TFSA GIC Rates††

FHSA GIC Rates††

Let's get you back to saving!

Ready to get started?

Begin your journey to homeownership today!

Ready to boost your savings?

Secure your future with guaranteed returns!

Maximize your savings, tax-free!

Guarantee your growth, tax-free!

Discover rates tailored for your goals!

Transparent, fair, and rarely needed!

Experience savings, refined and redefined!

Join a community focused on your financial growth!

Savings meets service - make a difference with Saven Financial!

Become a smarter saver with Saven Financial!

Still have questions? We're here to help!

Step into the future with Saven Financial!

Navigating with trust and transparency!

Your security is our top priority!

Take control of your financial safety!

Your voice shapes our service!

Reach out, even during the holidays!

Banking at your fingertips with the Saven Financial app!

While we fix things up...

Your vote shapes our future!

Meet the visionaries behind Saven's tomorrow!

Stay ahead with SavenSmarts!

Saven Financial members need our mobile app to start saving

Begin your home savings journey

Affiliation And Deposit Insurance

Got Questions?

Let's Connect

Copyright © 2023 Saven Financial

Got questions?

Access your accounts on the go

Subscribe to our newsletter

Let's connect

Terms and conditions expand_more

High Interest Savings Account Rates^†

GIC Rates^††

TFSA GIC Rates^††

FHSA GIC Rates^††