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Why Kindred?
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Everyday Banking
When you bank withKindred, your money makes an impact.
You have a better choice for banking.
Financial decisions are not values-neutral. They can impact the world in amazing, positive ways. You have a better choice for banking—a place where your money can be a force for good and we call this Banking with Purpose.
Watch our Welcome to Kindred video or visit our Membership page to learn more. Or, if you’re ready to make a better choice, open an account online today!
Opening an account means becoming a member and an owner.
That’s right—this isn’t your average chequing account! Credit unions are financial cooperatives that provide the same services as banks, such as chequing accounts, mortgages, loans, and investment advice. One big difference is that credit unions are owned by our members—the people who bank with us! So, when you open an account with Kindred you become a member and an owner. As a member-owner you have an equal voice in how the credit union is run and receive a share of our annual earnings. Membership matters!
Membership means profits are shared with you!
When you open an account with Kindred, your first $25 is invested in Member Shares. This is not a fee; it’s an ownership stake in Kindred. This refundable investment belongs to you. Cooperative banking is based on the idea that profits should have a higher purpose, and they should be put back into the communities where our members live and work. In addition to great rates and better service, profits are returned to members in the form of Profit Shares. In fact, we’ve shared more than $13 million with our members over the last 10 years! The amount you receive is based on how much business you do with the credit union.
Plus, we’re local, and buying local matters.
The choice to support local businesses in Ontario is a choice to keep our dollars growing in the very communities where we live, work, and play. As these dollars are passed between local businesses and invested back into the community, their value increases.
We’re here to serve members all across Ontario. Wherever you are, most everyday banking can be done online from the comfort of your home! Plus we have branches in Aylmer, Elmira, Leamington, Milverton, Mount Forest, New Hamburg, Waterloo, and Kitchener.
Chequing Accounts
Our chequing accounts make your daily banking easy, with the freedom to do your banking whenever and wherever you choose via online banking, the Kindred Mobile App, in-branch, or ATMs. Plus, your cash earns interest and you always pay fair fees.
Savings Accounts
Kindred helps you save for your life. Set up automatic transfers into your savings accounts and watch your savings grow. Your money earns interest every day.
Credit Cards
Did you know that just by having and using a Kindred Mastercard you’re helping support the Kindred Charitable Fund? Each year Kindred donates funds to the Kindred Charitable Fund based on our members’ use of their Collabria Mastercard!
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