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    Become A Member Today

    When you join The Police Credit Union you're both a member and an owner
     

    Taking care of our own...

     
    Out philosophy has always been 'not for profit - but for service' and we hold to that commitment by providing you with exceptional service, the best rates and a cooperative movement that revolves around you: our member. At The Police Credit Union you'll be treated as an individual as we understand our members all have different needs and goals when it comes to their financial health. Rest assured, becoming a member with us will be the best decision you ever made!
     
     
    Members Are Owners

    Members Are Owners

    You have a voice and can even run for our Board of Directors

    Competitive Rates

    Great rates and regular promotions on popular financial products

    No Fee Banking

    Join the REWARDS Program and say goodbye to pesky fees
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    Personalized Professionals

    Everyone's financial health is unique and our expert staff are ready to discuss it with you
    Community Support

    Community Support

    Your membership directly helps in supporting your policing community
    Surcharge ATM Fees

    Surcharge Fee ATMs

    Access your money for free with The Exchange Network with 3,700 ATM locations across Canada
     

    You're not just a member...you're an owner as well!

    When you open an account with The Police Credit Union whether it be for personal, business or organization purposes, you are required to make a one-time $100 Member Equity Share deposit. Each share costs $5.00 each requiring you to purchase 20 shares.  Upon this deposit you will formally acquire your membership rights and privileges. This is a fundamental operating principle for all Credit Unions as they are democratically owned seperating us from traditional financial institutions.

    Your Member Equity Share not only entitles you to all the services of the Credit Union, but you can vote on major issues issues including the election of our Board of Directors. The Member Equity Share is not a fee as it represents your share of ownership with The Police Credit Union. Should your ever decide to cancel your membership, your Member Equity Share amount will be returned to you. 

    Every member owns a Member Equity Share and essentialy a share in The Police Credit Union. Even with joint membership accounts both members have their own designated Member Equity Share.
     

    Member Benefits

    We're a cooperative first

    Our goal it to put our members financial health first because that's how we take care of our own. Putting people before profits is how we've found success for over 75 years.

    We serve you where you serve us

    The Police Credit Union services the entire province of Ontario with a large concentration in the GTA. This allows us to custom tailor our offerings to our members so we can provide the best financial services experience.

    Competitive Rates

    Great financial health begins with paying down debt fast while making it a habit to save money often. We understand that philosophy by offering the lowest rates on lending and the highest rates on savings to help our members reach those goals.

    We support the Policing community

    We believe in giving back to those who sacrifice for our community so we do our best to support yours. Taking care of our own isn't just a slogan but a mantra we live by. We support local police communities and their actvities yearly and donate our profits annually to the Ontario Police Memorial Foundation.
     

    Apply Easily Online

    Become A Member

     

    Membership eligibility

    To be eligible for membership with The Police Credit Union the following requirements must be met:

    1. You must be 18 years of age or older and a resident of Ontario
    2. You must be an employee or retiree on pension from a police service in the Province of Ontario. Membership is also available to all employees of related police associations and police organizations in the Province of Ontario. Family members are welcome too.
    Have these items ready to sign up:

    1. Valid ID (Passport, driver's license, government issued ID)
    2. Previous Address if at current address less than two years
    3. Previous Employment if at current employer less than two years
    4. Annual Income from all sources
    5. Assets and Liablities (only required if applying for a lending product)
    You will need approximately 15 minutes to complete the process, not to worry if you run out of time, as your application can be saved and completed at a later time. If you need assistance, please call our Member Solutions Centre at 1.800.561.2557.
     
     

    READY TO JOIN THE POLICE CREDIT UNION?

    CHOOSE FROM OUR REWARDS OR NON REWARDS OPTIONS SHOWN BELOW
     

    Joining the Rewards Program

    To join the Rewards Program, simply direct your full payroll or pension deposits to your Rewards Chequing account and process your day to day transactions for free. Or choose the Rewards Loyalty or Premium Rewards Chequing Accounts where depositing your payroll is optional but for a low monthly fee enjoy unlimited day to day transactions in addition to other perks shown below. You will also get our lowest interest rates on borrowing and our highest rates on savings and investments. Choose one of the options below:
    Rewards Chequing Account

    Rewards Chequing

    Rewards Loyalty Account

    Rewards Loyalty

    Premium Rewards Account

    Premium Rewards

    • Full Pay into The Police Credit Union – use as primary account
    • No monthly fee / No minimum balance required
    • Free day-to-day banking covers:
      • Unlimited debit transactions including pre-authorized items, bill payments, ATM withdrawals and deposits via Exchange Network
      • 4 Free Interac e-money transfers
    • Full Pay into The Police Credit Union optional
    • $11.95 per month / fee waived with minimum balance of $2,500 always maintained in the account
    • Fee / Maintaining Minimum Balance covers: 
      • Unlimited debit transactions including pre-authorized items, bill payments, ATM withdrawals and deposits via Exchange Network 
      • 10 Free Interac e-money transfers
    • Full Pay into The Police Credit Union optional
    • $19.95 per month / fee waived with minimum balance of $5,000 always maintained in the account 
    • Fee / Maintaining Minimum Balance covers: 
      • Unlimited debit transactions including pre-authorized items, bill payments, ATM withdrawals and deposits via Exchange Network 
      • Unlimited free Interac e-money transfers
      • 2 free Interac ATM withdrawals
     

    Choose Non-Rewards if you are not interested in a Rewards Chequing Account

    Pay as You Go Chequing

    Non-Rewards Pay-As-You-Go Chequing

    Subject to day-to-day banking fees
     
     

    Apply for a Recruit Loan

     

    Membership eligibility

    To be eligible for membership and obtain your Recruit loan with The Police Credit Union the following requirements must be met:

    1. You must be 18 years of age or older and a resident of Ontario
    2. You must be an employee or retiree on pension from a police service in the Province of Ontario. Membership is also available to all employees of related police associations and police organizations in the Province of Ontario. Family members are welcome too.

    Have these items ready to sign up:

    1. Valid ID (Passport, driver’s license, government issued ID)
    2. Previous Address if at current address less than two years
    3. Previous Employment if at current employer less than two years
    4. Annual Income from all sources
    5. Assets and Liabilities (only required if applying for a lending product)

    You will need  approximately 30 minutes to complete the process, not to worry if you run out of time, as your application can be saved and completed at a later time. If you need assistance, please call our Member Solutions Centre at 1-800-561-2557.
     
     

    READY TO JOIN THE POLICE CREDIT UNION?

    CHOOSE FROM OUR REWARDS OR NON REWARDS OPTIONS SHOWN BELOW

    Base rates start at 7.50% for Non Rewards and 5.50% for Rewards Program with additional discounts available if you choose to add optional insurance to your loan.
     

    Joining the Rewards Program

    To join the Rewards Program, simply direct your full payroll or pension deposits to your Rewards Chequing account and process your day to day transactions for free. Or choose the Rewards Loyalty or Premium Rewards Chequing Accounts where depositing your payroll is optional but for a low monthly fee enjoy unlimited day to day transactions in addition to other perks shown below. You will also get our lowest interest rates on borrowing and our highest rates on savings and investments.

    Rewards Chequing Account

    Rewards Chequing Account

    Rewards Loyalty Account

    Rewards Loyalty

    Premium Rewards Account

    Premium Rewards

    • Full Pay into Police Credit Union – use as primary account
    • No monthly fee / No minimum balance required
    • Free day-to-day banking covers:
      • Unlimited debit transactions including pre-authorized items, bill payments, ATM withdrawals and deposits via Exchange Network
      • 4 Free Interac e-money transfers
      • No Loan Application Fee & Discount on Loan Rate
    • Full Pay into The Police Credit Union optional
    • $11.95 per month / fee waived with minimum balance of $2,500 always maintained in the account 
    • Fee / Maintaining Minimum Balance covers: 
      • Unlimited debit transactions including pre-authorized items, bill payments, ATM withdrawals and deposits via Exchange Network 
      • 10 Free Interac e-money transfers 
      • No Loan Application Fee & Discount on Loan Rate 
    • Full Pay into The Police Credit Union optional
    • $19.95 per month / fee waived with minimum balance of $5,000 always maintained in the account 
    • Fee / Maintaining Minimum Balance covers: 
      • Unlimited debit transactions including pre-authorized items, bill payments, ATM withdrawals and deposits via Exchange Network 
      • Unlimited Free Interac e-money transfers 
      • No Loan Application Fee & Discount on Loan Rate 
     

    Choose Non-Rewards if you are not interested in a Rewards Chequing Account


    A pay as you go chequing account will be automatically opened for you to facilitate the payment of your Recruit Loan.
    Non Rewards Pay as you go chequing account

    Non-Rewards Pay-As-You-Go Chequing

    Subject to day-to-day  banking fees
    No discount on your Recruit Loan Rate
    $145 Application fee applies.
     
     
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