- Our business and personal chequing and multiple-currency savings accounts are FEE-FREE - no transaction fees, 10 free e-transfers per month, free cheques! Services that require fees are minimal and competitive.
- Full-service mobile and online banking, Interac® e-transfers, e-mail alerts, convenient smart phone cheque deposits ... and coast-to-coast surcharge-free ATMs on the Exchange® Network.
- Members automatically participate in the profit sharing program, which means money back in your pocket! To date, PARAMA has distributed nearly $8.5MM back to its Members.
- All Canadian dollar deposits are insured by FSRAO up to $250,000 for each different account holder. FSRAO provides unlimited insurance protection for deposits held in registered plans such as RRSPs, RRIFs and TFSAs. Please see https://www.fsrao.ca/consumers/credit-unions-and-deposit-insurance/depos... for details.
- You will enjoy personalized and caring service from all of our professional Member Service Representatives. At PARAMA you are known by your name, not by a number.
Personal Account Opening Package
Opening a Personal Account and becoming a Parama Member
Business Account Opening Package
Opening a Business Account and becoming a Parama Member