We researched the best Youth Accounts (under 17 years old) offered by Credit Unions in Ontario, Canada. One parent must accompany their child under 17 to open an account. The child can use the passport and birth certificate for identification. Age of majority in Ontario is 18.
Our best choices are:
- Kindred Credit Union - the most complete free account (including 15 free E-Transfers)
- Meridian Credit Union - best interest
Compare Best TFSA rates in Canada, Best RRSP rates, Best Savings Accounts in Canada, Best RESP rates
Best Community Accounts for Charities / non-profit in Ontario, Canada
We researched the best FREE Community Accounts for charities / non-profit in Ontario, Canada.
The winner is Kindred Credit Union that offers an Unlimited FREE Organization Account, with many features included.
The Kindred Organization Account offers churches and community-based charitable organizations the following services, free of charge:
The winner is Kindred Credit Union that offers an Unlimited FREE Organization Account, with many features included.
The Kindred Organization Account offers churches and community-based charitable organizations the following services, free of charge:
- Cheque clearing
- Cheque returns
- Interac Direct Payment transactions
- Mastercard Global Payment card transactions
- Pre-authorized debit transactions
- Free use of The Exchange ATM network, deposits, cash withdrawals
| Bank | Monthly Fee | No monthly fee if balance over | Free transactions | Free Deposit items (cheques) per month | Free currency deposits per month | Email Transfers | Other |
| Kindered CU - Organization Account | Free | No fees | unlimited, free use of any The Exchange ATMs in Canada | unlimited, free in branch or at any Exchange ATM | no limit | Free, unlimited | Free monthly statements |
| Meridian Credit Union - Community/ Not-for-profit | Free | n/a | free transactions if balance over $1000 | 0 | limit of $1000 | $1.25/ transfer | 90 cents |
| BMO Community Account | $2.50 | $5,000 | 20 transactions, 5 in branch | 25 | limit of $2500 | $1.25/ transfer | Monthly statement $3 |
| ScotiaBank - Community Account Plan | $2.50 | - | 10 | 10 | $2,500 | $1.50 | - |
| TD Community Plan Plus | $4.95 | $10,000 | 30 | 30 | $5,000 | $1.50 | - |
| Bank | Savings Interest | |
| Kindered CU - Organization Account | Optimum Savings 0.85% | |
| Meridian Credit Union - Community/ Not-for-profit | N/A | |
| BMO Community Account | Not offered, no interest | |
| ScotiaBank - Community Account Plan | Not offered, no interest | |
| TD Community Plan Plus | Not offered, no interest |
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