Tandia Credit Union
This Page's Content Was Last Updated: July 21, 2026
⚠️It merged into Alterna Savings and Credit Union in 2026 and now operates as a subsidiary under the name Tandia Financial.
Credit Union
Tandia
Tandia Credit Union is a credit union located in Ontario. It was founded in 2014 through the merger of Teachers Credit Union and Prosperity ONE Credit Union. It primarily serves Southwestern and Central Ontario.
Tandia Financial, now a division of Alterna Savings, was formed in 2014 through the merger of Teachers Credit Union and Prosperity ONE Credit Union. Its predecessor institutions had southern Ontario cooperative roots dating to 1940 and 1957, including connections to the education and community service sectors.
Operating under the Tandia Financial name, the credit union served members in Hamilton, Halton, Brant, and surrounding communities with personal and business banking, lending, mortgages, investments, and financial advice. Its work focused on member ownership, local service, and cooperative financial services for individuals, families, and businesses.
In 2026, Tandia Financial joined Alterna Savings and Credit Union. It continues to serve members as Tandia Financial, a division of Alterna Savings, within a larger Ontario cooperative financial institution.
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: A-La-Carte Plan
- Standard Fee
- Free
- Free Transactions
- 0
- Max e-Transfer / Day
- $3,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 0 free transactions.
- Maximum Interac e-Transfer per day: $3,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
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: Limitless Plan
- Standard Fee
- $12.95/mo
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $3,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- The monthly account fee is waived if you maintain a minimum balance of $3,000 in your account.
- The account fee may be waived for students and youth.
- The account fee might be waived for seniors.
- This account allows Unlimited free transactions.
- Maximum Interac e-Transfer per day: $3,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
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: Smart Savings
- Interest Rate
- 0.00%*
- Standard Fee
- Free
- Free Transactions
- 1
- Max e-Transfer / Day
- $3,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 1 free transaction.
- Maximum Interac e-Transfer per day: $3,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
*Interest Rate Breakdown by Balance
Balance amount Interest rate $0 to $4,999 0.00% $5,000 to $49,999 0.10% $50,000 or more 0.30% Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Savings Account
Account: Tiered Interest Savings
- Interest Rate
- 0.05%*
- Standard Fee
- Free
- Free Transactions
- 1
- Max e-Transfer / Day
- $3,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 1 free transaction.
- Maximum Interac e-Transfer per day: $3,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
*Interest Rate Breakdown by Balance
Balance amount Interest rate $0 to $4,999 0.05% $5,000 to $9,999 0.05% $10,000 to $24,999 0.10% $25,000 to $59,999 0.15% $60,000 or more 0.25% 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 | 2024 | YoY Change | 5-Year Change |
|---|---|---|---|
| Assets | $1.46B | -3.6% | -11.3% |
| Loans | $1.26B | -4.2% | -6.6% |
| Deposits | $1.14B | +1.0% | -2.6% |
| Mortgages + HELOCs | $806M | -5.7% | -20.0% |
| Revenue | $30M | -3.2% | +7.1% |
| Efficiency Ratio | 88.0% | — | — |
| Members | ~27,000 | — | — |
| Branches | 10 | — | — |
| Target Members / Region | Southwestern and Central Ontario | — | — |
Tandia Credit Union Deposits, Loans and Revenue in the Past 5 Years
For deeper insights into all Canadian lenders, subscribe to our comprehensive Lenders Report, with plans starting at just $100 per month.
Contact
If you're from Tandia Credit Union and would like to add or update information on this page, please fill out the form.
Disclaimer:
- Any analysis or commentary reflects the opinions of WOWA.ca analysts and should not be considered financial advice. Please consult a licensed professional before making any decisions.
- The calculators and content on this page are for general information only. WOWA® does not guarantee the accuracy and is not responsible for any consequences of using the calculator.
- Financial institutions and brokerages may compensate us for connecting customers to them through payments for advertisements, clicks, and leads.
- Interest rates are sourced from financial institutions' websites or provided to us directly. Real estate data is sourced from the Canadian Real Estate Association (CREA) and regional boards' websites and documents.