Savings Accounts

Whether you save a little or a lot, whether your goals are just around the corner or way down the road, we have the tools to help get you there.

Special Savings Account

With our most flexible savings account, you have the freedom to use and move your money when you want. It’s perfect for short-term savings goals.

Key Features:
  • No monthly fee
  • 2 FREE debit transactions per month then pay as you go @ 75¢ per debit
  • 24/7 access to online or mobile banking
  • FREE incoming Interac e-Transfers® within Canada; additional $2.00 for each outgoing transfer
  • Access to surcharge free ATMs across Canada via THE EXCHANGE® Network
  • FREE monthly e-statement
  • Earn Interest (calculated based on minimum daily balance, paid monthly)

High Interest Savings Account (HISA)

Watch your money grow faster with a higher interest rate, with fewer transactions.

Key Features:

  • No monthly fee
  • One free debit transaction per month then $5.00 for any additional debits
  • For members wanting a flexible GIC alternative
  • Additional $2.00 for each outgoing Interac e-Transfers® within Canada
  • 24/7 access to online or mobile banking
  • Access to surcharge free ATMs across Canada via THE EXCHANGE® Network
  • FREE monthly e-statement
  • Earn Interest (calculated based on minimum daily balance, paid monthly)
  • Tiered interest so the more funds you have, the higher interest you earn
  • Maximum One (1) HISA per membership
  • No debit card access

U.S. Dollar Savings Account

To tuck away U.S. funds

Key Features:

  • No monthly fee
  • $1.00 per debit transaction
  • FREE monthly e-statement
  • 24/7 access to online or mobile banking (for balance inquires only)
  • Earn Interest (calculated based on minimum daily balance, paid monthly)
  • No chequing, debit card, or online transactions permitted

Tax-Free Savings Account (TFSA)

The flexible way to grow your savings without paying taxes

Key Features:

  • No taxes on income or withdrawals
  • Carry forward unused contribution room
  • Withdraw money out anytime

Round Up Feature

Save more using our Round Up Feature: A simple and systematic way of building up savings without feeling the pinch

® MEMBERDIRECT and MEMBERDIRECT Design are registered trade-marks, MEMBER CARD and MEMBER CARD & Design are registered certification marks owned by Canadian Credit Union Association, used under license. 

® Trademark of Interac Inc. Used under license.

At Kingston Community Credit Union, eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA). Eligible deposits (not in registered accounts) are insured up to $250,000 through FSRA.

Learn more about deposit insurance here

A third party is an individual or entity, other than the account holder or those authorized to give instructions about the account, who directs what happens with the account. For example, if an account were opened in one individual’s name for deposits that are directed by someone else, the other person or entity would be a third party.

  • A secondary piece of identification from the primary list above
  • Canadian Birth Certificate
  • Credit Card bearing the name and signature of the individual which has issued by a well-known and reputable Canadian financial institution
  • A CNIB (Canadian Institute for the Blind) client card bearing the individual’s photo and signature
  • Provincial Outdoors Card
  • Canadian University or College Student Card with photo (for student identification only)
  • An employee identification card (with photo) issued by an employer that is well known in the community (i.e. KGH, DND, Queens University, Corrections Canada, etc.)
  • Foreign passport
  • Canadian Passport
  • Permanent resident card
  • Citizenship card (issued prior to 2012)
  • Secure Certificate of Indian Status issued by the Government of Canada
  • Driver’s licenses issued by province or territory
  • The DND (Department of National Defense) 404 driver’s license
  • Nexus Card issued by Canada Border Services Agency
  • Provincial Service Cards
  • Provincial or territorial identity cards (i.e. Ontario Photo Identification Card)
  • Foreign Passport (only if it is equivalent to a Canadian issued photo identification document)