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Together We Grow: Building a Stronger Future

At Alterna Savings and Tandia Financial, a Division of Alterna Savings, we're excited to share our vision for the future. Following receipt of all regulatory, member and shareholder approvals, our two organizations came together on January 1, 2026.

For additional information on the merger, please see our Member Guide.

 

Why We Are Merging

 

Enhanced Innovation:
Increased investment in technology to make your banking experience simpler, faster, and more convenient and responsive to your needs.

Greater Convenience:
Future access to an expanded network of branches across Ontario and the scale to invest in further digital banking services and enhancements.

Stronger Impact:
By combining resources, we can increase funding for community projects, allowing us to make a bigger impact in our neighbourhoods.

Continued Strength:
Through this merger we'll become a stronger, more resilient credit union dedicated to supporting your long-term growth and financial success.

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What this Means for You


Enhanced Branch Network 

  • Access to over 45 branches across Ontario, plus a Virtual Branch

  • Locations spanning Southern Ontario, Northwestern Ontario, and Eastern Ontario

  • Specialized wealth management and advisory centres

 

Stronger Financial Foundation

  • Combined assets under administration of over $13 billion

  • Enhanced lending capabilities for mortgages and business growth

  • Greater investment in technology and service improvements

  • Increased ability to offer competitive rates and products

 

Specialized Expertise 

  • Deep understanding of public service and education sector needs

  • Extended team of financial specialists

  • Expanded wealth management services

  • Personalized advisory support for all life stages

 

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Stay Connected with Our Progress

We're committed to keeping you informed every step of the way as we work toward bringing together our credit unions. This website will be regularly updated with the latest information about the proposed merger between Alterna Savings and Tandia Financial.

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About Us


 

Alterna Savings

Delivering The Good in Banking® for over 115 years, Alterna Savings - the first full-service, member-owned co-operative outside Quebec - serves over 204,700  members. Members benefit from comprehensive investment services, dedicated wealth advice centres and access to over 42,000 surcharge-free ATMs across North America.

Learn More

Tandia Financial

For 85+ years, Tandia Financial has championed the financial well-being of 26,000+ members across Hamilton, Brant, and Halton, rooted in education and government expertise. Our heritage drives innovative, personalized strategies that strengthen individual futures and our shared communities.

Learn More

Together We Grow

Creating new opportunities for our members, communities, and employees to thrive and succeed.

We understand you may have questions, and we’re here to provide answers.

Email Alterna Savings
Alterna Savings: 1.877.560.0100
Email Tandia
Tandia: 1.800.598.2891, #3