Your Neighbourhood Credit Union
This Page's Content Was Last Updated: July 21, 2026
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Credit Union
Your Neighbourhood
Your Neighbourhood Credit Union is a credit union located in Ontario. It was founded in 2007 through the merger of Windsor Teachers' Credit Union Limited (renamed to Your Neighbourhood Credit Union just before merger) and Grand River Credit Union. It primarily serves Southwestern Ontario and Northern Ontario.
Your Neighbourhood Credit Union (YNCU) traces its roots to 1947, when St. Louis Parish Credit Union began in Waterloo to promote thrift and provide loans to its members. Through mergers with community and workplace based credit unions, including the 2007 combination of Grand River Credit Union and the original Your Neighbourhood Credit Union, YNCU grew into one of Ontario’s larger cooperative financial institutions.
Headquartered in Kitchener, YNCU serves communities across southwestern Ontario and, through Community First, a division of YNCU, parts of northern Ontario. It offers personal and business banking, lending, mortgages, investments, and financial advice.
YNCU also provides financial literacy resources through YNCUniversity, an online hub covering topics such as financial planning, saving, fraud awareness, and everyday money management for members and the broader public.
Provinces served
Number of Members (as of 2025): ~65,000
Your Neighbourhood Mortgage Rates
The mortgage rates on this page were last updated on August 26, 2026 at 11:02 AM ET.
| Lender | Term | Rate | |
|---|---|---|---|
| 1-Year Fixed | 5.99% | ||
| 2-Year Fixed | 5.99% | ||
| 3-Year Fixed | 4.24% | ||
| 4-Year Fixed | 4.44% | ||
| 5-Year Fixed | 4.44% | ||
| 5-Year Variable | 3.80% | ||
* Rates are for informational purposes only and reflect the lowest rates available. Rates may change at any time and may be applicable only to certain borrowers. Terms and conditions apply. | |||
Your Neighbourhood GIC Rates
The GIC rates on this page were last updated on August 26, 2026 at 11:16 AM ET.
| Term | Rate |
|---|---|
| 1-Year | 2.95% |
| 2-Year | 3.15% |
| 4-Year | 3.30% |
| 5-Year | 3.65% |
* Rates are for informational purposes only and reflect the highest rates available. Rates may change at any time and may be applicable only to certain depositors. Terms and conditions apply. | |
Chequing and Savings Accounts
The account-related data on this page was last updated on July 20, 2026.
Chequing Accounts
Chequing Account
1. Account: 100% Local Chequing
- Standard Fee
- $18.95/mo
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $10,000
- 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 $5,000 in your account.
- This account allows Unlimited free transactions. All of these transactions can be carried out in branch.
- E-Transfers are excluded from the transaction limit and is unlimited.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $20,000
- This limit may vary depending on the client profile.
- YNCU 100% Local Chequing is a $16.95-per-month account with unlimited in-branch and self-serve transactions and unlimited Interac e-Transfers. The monthly fee is waived with a $5,000 minimum monthly balance, while discounted pricing applies to youth and seniors. YNCU directs 1% of collected plan fees to a local charity.
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: 100% LOCAL CHEQUING
- Standard Fee
- $18.95/mo
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $10,000
- 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 $5,000 in your account.
- This account allows Unlimited free transactions. All of these transactions can be carried out in branch.
- E-Transfers are excluded from the transaction limit and is unlimited.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $20,000
- 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
3. Account: Simply Free Chequing
- Standard Fee
- Free
- Free Transactions
- 12
- Max e-Transfer / Day
- $10,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 12 free transactions. Maximum 0 of these transactions can be carried out in branch.
- E-Transfers are excluded from the transaction limit and is unlimited.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $20,000
- This limit may vary depending on the client profile.
- YNCU Simply Free Chequing is a no-monthly-fee account with 12 included self-serve transactions per month and unlimited Interac e-Transfers. Additional self-serve and most in-branch transactions cost $1.25 each. The account also includes MemberCard Buyer Protection and Extended Warranty coverage with an eligible debit card.
Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Chequing Account
4. Account: SIMPLY FREE CHEQUING
- Standard Fee
- Free
- Free Transactions
- 12
- Max e-Transfer / Day
- $10,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 12 free transactions. Maximum 0 of these transactions can be carried out in branch.
- E-Transfers are excluded from the transaction limit and is unlimited.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $20,000
- 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
5. Account: Simply Plus Chequing
- Standard Fee
- $12.95/mo
- Free Transactions
- 50
- Max e-Transfer / Day
- $10,000
- 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.
- This account allows 50 free transactions.
- E-Transfers are excluded from the transaction limit and is unlimited.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $20,000
- This limit may vary depending on the client profile.
- YNCU Simply Plus Chequing is a chequing account with 50 included transactions per month that can be used across in-branch and self-serve banking. It also includes unlimited Interac e-Transfers. The monthly fee can be waived by maintaining a minimum balance of $3,000 throughout the month.
Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Chequing Account
6. Account: SIMPLY PLUS CHEQUING
- Standard Fee
- $12.95/mo
- Free Transactions
- 50
- Max e-Transfer / Day
- $10,000
- 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.
- This account allows 50 free transactions.
- E-Transfers are excluded from the transaction limit and is unlimited.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $20,000
- 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
7. Account: Simply Starter Chequing
- Standard Fee
- Free*
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $10,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows Unlimited free transactions.
- E-Transfers are excluded from the transaction limit and is unlimited.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $20,000
- This limit may vary depending on the client profile.
- *This account is available for youth and students only.
- YNCU Simply Starter Chequing is a no-monthly-fee account for members age 25 and under, with unlimited self-serve transactions and Interac e-Transfers. Beginning at age 26, the account has a $6.95 monthly fee. In-branch transactions are charged separately rather than being included with the unlimited self-serve transactions.
Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Chequing Account
8. Account: SIMPLY STARTER CHEQUING
- Standard Fee
- Free*
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $10,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows Unlimited free transactions.
- E-Transfers are excluded from the transaction limit and is unlimited.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $20,000
- This limit may vary depending on the client profile.
- *This account is available for youth and students only.
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: High Interest Savings
- Interest Rate
- 0.05%*
- Standard Fee
- Free
- Free Transactions
- 1
- Max e-Transfer / Day
- $10,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 1 free transaction. Maximum 0 of these transactions can be carried out in branch.
- 1 free Interac e-Transfer is included each month.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $20,000
- 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 or over 0.75% - YNCU High Interest Savings is a savings account with tiered interest based on the account balance, with a lower rate applying below $5,000. It includes unlimited deposits and 1 free debit transaction, transfer, or withdrawal per month. Additional transactions are charged individually.
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 SAVINGS
- Interest Rate
- 0.05%*
- Standard Fee
- Free
- Free Transactions
- 1
- Max e-Transfer / Day
- $10,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 1 free transaction. Maximum 0 of these transactions can be carried out in branch.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $20,000
- 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 or over 0.75% Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Savings Account
Account: Simply Everyday Savings
- Interest Rate
- 0.05%
- Standard Fee
- Free
- Free Transactions
- 0
- Max e-Transfer / Day
- $10,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 0 free transactions. Maximum 0 of these transactions can be carried out in branch.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $20,000
- This limit may vary depending on the client profile.
- YNCU Simply Everyday Savings is a pay-as-you-go savings account with unlimited deposits and online transfers between YNCU accounts. Other transactions generally cost $1.25 each, while Interac e-Transfers cost $1.50. Interest is paid monthly at the posted rate, with most transaction fees waived for members age 25 and under.
Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Savings Account
Account: SIMPLY EVERYDAY SAVINGS
- Interest Rate
- 0.05%
- Standard Fee
- Free
- Free Transactions
- 0
- Max e-Transfer / Day
- $10,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 0 free transactions. Maximum 0 of these transactions can be carried out in branch.
- Maximum Interac e-Transfer per day: $10,000
- Maximum Interac e-Transfer per week: $20,000
- 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).
Key Financial Metrics and Trends
| Metric | 2025 | YoY Change | 5-Year Change |
|---|---|---|---|
| Assets | $3,183M | +20.4% | +44.0% |
| Loans | $2,907M | +19.6% | +41.4% |
| Deposits | $2,364M | +22.2% | +43.1% |
| Loan-to-Deposit Ratio | 123.0% | — | — |
| Mortgages + HELOCs | N/A | N/A | N/A |
| Securities | $200M | +31.6% | +57.5% |
| Revenue | $68M | +28.3% | +30.8% |
| Efficiency Ratio | 81.8% | — | — |
| Target Members / Region | Southwestern Ontario and Northern Ontario | — | — |
Your Neighbourhood Credit Union Deposits, Loans and Revenue in the Past 5 Years
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