High Interest Savings Account

Savings that work
as hard as you do

Put your organization’s cash reserves to work with VCIB’s High Interest Savings Account.

Earn interest on funds you’re not using for day-to-day operations, while still having easy access to cash when you need it. With higher interest rates for higher balances, your savings will grow faster.

Benefits

Competitive interest rates that increase with outstanding balances.
Convenient, flexible access to cash when needed through funds transfers and bill payments.
No minimum deposit required or monthly fees.
Deposits are eligible for deposit insurance by Canada Deposit Insurance Cooperation (CDIC).

Features

Includes up to 10 free* transactions a month.
Interest calculated daily on closing balance and paid monthly.
Access funds through online banking only – no cash, ATM/debit, cheque, or branch services.
Have confidence that your savings will circulate to support positive social environmental change.

Download our High Interest Savings Account Package to learn more.

Download Brochure

We put your savings to work for positive change.

80 +

new social purpose real estate projects

3300 +

units of new or preserved affordable housing

943182 sq.ft.

of non-profit, co-working, cultural and community spaces

Vancity Group

VCIB is a wholly owned subsidiary of Vancity Credit Union, Canada’s largest community credit union with more than 560,000 member-owners and $34 billion in assets plus assets under administration. As a values-based financial co-operative, Vancity and its members use finance as a force for change to build a clean and fair world.

Federally Chartered

VCIB is a Schedule 1 chartered bank operating under federal guidelines and regulated by the Office of the Superintendent of Financial Institutions.

Certified Beneficial

A B Corp’s™ purpose is to create social and financial value. To belong, they must meet high standards of transparency and accountability, and create positive social and environmental benefit.

Change Maker

VCIB belongs to the Global Alliance for Banking on Values, an international network of banking leaders who make social and environmental change a part of their financial model.

Loans subject to credit approval. Some credit restrictions may apply. Other terms and conditions may apply.

1 You will earn more points per $1 on eligible purchases made with a Shared Interest Visa Business card. Eligibility is based on the merchant code as classified in the Visa credit card network. Purchases made at merchants classified as: (i) Electronics/Computers, Peripherals, and Software; Office Supplies/Stationary, Printing and Writing Paper; Electronic; and Hardware/Garden Centers are “office supplies”; (ii) Local/Suburban Commuter Passenger Transportation – Railroads; and Transportation Services Not Elsewhere Classified are “public transit and ferries”; and (iii) Taxicabs and Limousines; Bus Lines; Automobile Parking Lots and Garages; Railroads; Passenger Railways are “taxis, bus, parking and rail”. Some merchants may sell these products/services or are separate merchants who are located on the premises of these merchants but are classified by the Visa credit card network in another manner, in which case this accelerated earn rate will not apply.

2 Visit VCIB Benefits to enroll and learn more about your Shared Interest Visa Business benefits.

3 Liability waiver insurance is underwritten by Royal & Sun Alliance Insurance Company of Canada. All other insurance benefits are underwritten by American Bankers Life Assurance Company of Florida and/or American Bankers Insurance Company of Florida

™Vancity Community Investment Bank and Vancity Community Investment Bank Rewards are trademarks of Vancouver City Savings Credit Union, used under license.

™Shared Interest and Citizens Bank of Canada are trademarks of Vancity Community Investment Bank.

*Trademark of Visa Int., used under license.

Vancity Community Investment Bank is a member of CDIC and is a Certified B Corp^TM