New Canadian Program


Settling into life in a new country is not easy. CUA can introduce you to the products and services you'll need to guide your financial future in Canada. We offer a wealth of resources to support New Canadians, including investment and borrowing solutions customized to meet your unique needs.

CUA is pleased to offer all newcomers to Canada 12 months of free banking*.

Account Packages

Account
Type
Monthly FeeDebits IncludedAdditional Features
myChequing

You make few transactions, and prefer to pay as you go.
Free for 1 year, then $4 per month 20 Monthly fee may be waived with minimum balance of $2,000

1 free e-Transfer
myeChequing
You prefer to perform most of your banking online.
Free for 1 year, then $11.95 per month Unlimited electronic

Monthly fee may be waived with minimum balance of $3,000

FREE TeleService and MemberDirect

4 FREE Interac and PLUS ATM transactions

15 FREE Interac e-transfers

myChequing Unlimited

Our most popular plan for those who perform many transactions.
Free for 1 year, then $14.95 per month Unlimited

Monthly fee may be waived with minimum balance of $3,000

5 free e-Transfers

Account Protector Available

Ask us today about adding Account Protector to your account!

CUA’s Account Protector maximizes your purchasing power while providing overdraft protection to your chequing account. It ensures access to funds when needed – without waiting or arranging for a personal loan. The Account Protector is great for personal emergencies that may not be able to make it to payday (such as a vehicle repair, or other unpredictable circumstance).

Features:

  • Funds are accessible through a chequing account and are included in the member’s available balance.
  • Chequing accounts will be overdrawn (subject to limit approval) until funds are replenished.
  • Pay interest only on amount borrowed for the number of days used (minimum $5.00 interest charge).
  • Members must qualify through a credit application and credit check.
  • Life & disability insurance available
  • The maximum credit limit under the New Canadian Account Protector Program is $500.

Vehicle Financing

Get the financing you need for the important purchase of a car, with flexible rates and terms to suit your unique needs.

Features include:

  • Competitive rate of interest.
  • Fixed or variable rates.
  • Amortizations between 36 and 96 months depending on the model year of the vehicle financed.
  • There is no penalty for extra payments or early repayment of the loan. Extra payments can be made at any time, in any amount, and as often as you'd like.
  • Automatic payments can be set up from a CUA account or account at another financial institution.
  • Repay loan faster with weekly or bi-weekly payments.
  • Members must qualify through a credit application and credit check.
  • Life & disability insurance available.

Open your account today!

To open your free account with CUA, or to ask about any of our products or services, just call us at 902.492.6500, email us at info@cua.com, or visit us one of our eight convenient branch locations!

*New to Canada within 24 months. Other restrictions may apply. Please contact us for full details.

 

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Guides for New Canadians

Adjusting to life in a new country may seem overwhelming at first. Fortunately, there are many resources available to help you with your transition:

Other Resources for New Canadians: