Mainstreet Credit Union
This Page's Content Was Last Updated: July 21, 2026
Credit Union
Mainstreet
Mainstreet Credit Union is a credit union located in Ontario. It was founded in 2014 through the merger of Unite Communities, Erie Shores and Woodslee credit unions. It primarily serves Southwestern Ontario.
Mainstreet Credit Union was formed in 2013 when Unigasco Community Credit Union in Chatham and Sydenham Community Credit Union in the London Middlesex area joined together. It expanded soon after when Lambton Financial Credit Union in Sarnia and Goderich Community Credit Union joined Mainstreet, broadening its service area across southwestern Ontario.
Mainstreet serves members as a member owned financial cooperative. It offers personal and business banking, borrowing, mortgages, investments, and financial advice, along with agricultural lending and financing for farms and rural businesses.
As a cooperative, Mainstreet reinvests profits into the communities it serves rather than distributing them to outside shareholders. Its work focuses on local ownership, practical advice, and financial services for members, businesses, farms, and communities in southwestern Ontario.
Provinces served
Chequing and Savings Accounts
The account-related data on this page was last updated on July 20, 2026.
Chequing Accounts
Chequing Account
1. Account: Light
- Standard Fee
- $4.95/mo
- Free Transactions
- 12
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- The account fee may be waived for students and youth.
- The account fee might be waived for seniors.
- This account allows 12 free transactions.
- E-Transfers are excluded from the transaction limit and is unlimited.
Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Chequing Account
2. Account: Premium
- Standard Fee
- $15.95/mo
- Free Transactions
- Unlimited
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows Unlimited free transactions. All of these transactions can be carried out in branch.
Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Savings Accounts
Savings Account
Account: Daily Savings
- Interest Rate
- 0.10%
- Standard Fee
- Free
- Free Transactions
- 1
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 1 free transaction.
Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Savings Account
Account: High Interest
- Interest Rate
- 0.70%*
- Standard Fee
- Free
- Free Transactions
- 1
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 1 free transaction.
*Interest Rate Breakdown by Balance
Balance amount Interest rate $0 to $4,999.99 0.70% $5,000 to $24,999.99 0.75% $25,000 to $49,999.99 0.80% $50,000 to $99,999.99 0.85% $100,000 or over 0.90% Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Credit Union Overview
| Metric | 2025 | YoY Change | 5-Year Change |
|---|---|---|---|
| Assets | $1.24B | +11.0% | +26.8% |
| Loans | $1.12B | +12.2% | +40.1% |
| Deposits | $1.04B | +7.4% | +18.6% |
| Mortgages + HELOCs | $737M | +15.0% | N/A |
| Revenue | $31M | +19.2% | +34.8% |
| Efficiency Ratio | 84.0% | — | — |
| Members | ~25,000 | — | — |
| Branches | 10 | — | — |
| Target Members / Region | Southwestern Ontario | — | — |
Mainstreet Credit Union Deposits, Loans and Revenue in the Past 5 Years
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Contact
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