people helping people

Welcome!

to McMaster Savings

You have just taken the first important step to an exceptional banking experience.

At McMaster Savings and Credit Union we give you what you want most – first-rate products, good pricing, excellent personal service, convenience, fair treatment and understanding. After all, we’re a credit union – we’re owned by the clients we serve.

You’ll find a full product and service menu at McMaster Savings, accessible online and supported by dedicated branch staff. We also have nine ATMs around the Hamilton area to give you ready access to your cash and the ability to make remote deposits. Whether you want to do Internet banking or investing, or just get your hands on some cash, McMaster Savings offers around-the-clock convenience.

Take the next step

Join us now and open an account. And we will credit $5 towards the purchase of your first Membership Share.

Start to build a foundation for your financial future with us. You can take advantage of a special, limited time offer to purchase additional Membership Shares and earn a premium rate of return on your investment. This exciting offer is open to new as well as existing members. Click here for our Contact form and we’ll take it from there. Or see below for more details.

Special Investment Opportunity

Exclusive Offer for new and existing members of McMaster Savings.

Reward yourself with a premium rate or return, available only to McMaster Savings members. Make a $1,000 investment in the Credit Union’s Membership Shares and earn a target dividend rate of 3.5%¹ over 5 years². What’s more, Membership Shares are RRSP-eligible. Your investment in the credit union helps us invest in our branches, in our people, and in our members by making more loans and mortgages.

Don’t have the cash right now? Don’t worry. We’ll loan you up to $1,000 on attractive terms to finance the purchase. Blended loan payments of principal and interest are as little as $43.43 monthly. Call us today or drop in to one of our branches to learn more about this exciting investment opportunity.

1. Target average dividend rate over a 5-year period. Membership Shares are not deposits and are not insured. Investment returns depend on the earnings of McMaster Savings and Credit Union Limited and are not guaranteed. Actual target dividend rates are: Year 1: 1.50%; Year 2: 2.50%; Year 3: 3.25%; Year 4: 4.25%; Year 5: 6.00%

2. This is a 5-year program. To receive the full benefit, you must leave the funds invested for 5 years. At the end of 5 years, you may redeem your Membership Shares or continue to hold your investment and receive dividends at the then-prevailing rate. Withdrawals from an RRSP are subject to income tax, including a 10% withholding at the time of withdrawal.