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Savings Accounts

Plan 24- Basic Savings

  • Provides flexibility and access to your funds at any time.
  • Interest paid semi-annually and calculated on the minimum daily balance.
  • No minimum balance requirement
  • No monthly fee
  • No charge for deposits or withdrawals over the counter
  • $0.35 cents fee for electronic funds withdrawals

Tax Free Savings Account

  • Registered savings plan that allows members to earn interest on deposits tax free.
  • Government of Canada sets deposit limits per year.
  • Funds can be withdrawn if needed on variable rate account.

Variable TFSA

  • Flexible account allows access to withdraw funds anytime without interest penalty.
  • Two free withdrawals per year.
  • Additional withdrawals allowed for a fee of $5.00 each.

Fixed Term TFSA

  • Terms from 1 to 5 years.
  • Premium rates paid based on length of term.
  • Funds are locked in for the length of the term


Your deposits are protected through the Deposit Insurance Corporation of Ontario for up to $100,000.00. Click on this link to find out more.


Peterborough Community Savings, a division of Alterna Savings & Credit Union Ltd.
167 Brock St
PO Box 1600
Peterborough, ON
K9H 2P6

Phone: 705-748-4481
Fax: 705-748-5520

Branch Hours:
Monday - Thursday 9:00 AM to 5:00PM
Friday 9:30 AM to 7:00 PM

24-Hour Automated Telephone Money Management: 705-742-2848

For balances and information on your account, be sure to check out our online money management and bill payment. If you are not set up, call Michelle at 748-4481 to get more information.

To cancel your ATM card due to lost/stolen cards, or unauthorized transactions on your account, please call 1-877-764-3693. This service is available 24 hours/day, 7 days/week.

If you are traveling outside the U.S. or Canada, the phone number to call for a lost or stolen ATM card is 1-905-764-3693.

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http://transitiontownpeterborough.ca/Kawartha-Loon-Exchange


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