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Save your money

Investment Savings Account

The investment savings account is designed to help you save and grow your money. You'll earn greater interest on your balance and any additional deposits than with a standard savings account.

You can make deposits at no charge - simply come into the branch, submit by mail, electronic transfer, payroll deduction, or direct deposit. To access your funds simply transfer to your chequing or savings account online.

Features included

Tax-Free Savings Account

When saving to buy large ticket items, every little bit helps. With the new Tax-Free Savings Account all Starnews members have a great way to build savings quickly, while earning a great variable rate on any balance without paying any tax on your earnings.

With a Tax-Free Savings Account you can deposit up to an annual limit and access your money at any time without penalty. And, if you are not able to make the maximum allowable deposit, you can carry forward any uncontributed amounts into the following year and so on. With other savings accounts you would normally be taxed on interest earned or charged to access your savings, the Tax- Free Savings Account cuts all that out, letting your money grow and giving you the freedom to withdraw your money on your own terms. You are free to use the money for whatever you need.

Click here for specific CRA details on the Tax-Free Savings Account.

There are no service fees on the Tax-Free Savings Account, however all transfers must be done into another Starnews Account and regular accounts fees will apply from that account.

Plan 24 Daily Interest Savings Account

A convenient and easy way to start saving. You'll earn interest on your daily closing balance and see it credited to your account at the end of each month.

It's easy to make deposits - simply come into the branch, submit by mail, electronic transfer, payroll deduction, direct deposit, or at various credit union ATMs. You can access your funds in person or by using your Starnews MemberCard.

Features included

All credit union deposits are protected up to $100,000 through the Deposit Insurance Corporation of Ontario (DICO).