Financial Services Built for You
At Ontario Educational, we work hard to make your money go further. We offer an extensive line of beneficial, cost-effective financial services — backed by unparalleled personal service. Compare our rates to the big banks. You'll be glad you did.
Exceptional Products.
Unparalleled Personal Service.
While you review our services, take a look at our rates and compare them to Canada's big banks. As a member-owned credit union, our profits go back to you — our members — not outside shareholders.
Every service we offer is designed with one goal: to make your financial life easier, more secure, and more rewarding as a member of Ontario's educational community.
Everything You Need,
All in One Place
Interac e-Transfers
Send or receive money securely to anyone in Canada using just an email address or phone number — no new accounts required.
Member Card / ATM
Access your accounts 24/7 at ATMs worldwide. Shop with INTERAC® Direct Payment at any retail outlet displaying the symbol.
Payroll Deposit
Have your paycheque deposited directly to your OECU account. Off your pay, off your mind — start saving automatically.
Auto & Home Insurance
Competitive insurance for your vehicle and home, tailored to the needs of OECU members across Ontario.
Travel Insurance
Travel with confidence. Comprehensive coverage for trips outside your province or country — peace of mind wherever you go.
Deposit Insurance
Your deposits are protected by the Financial Services Regulatory Authority of Ontario (FSRA). Your money is safe with us.
Interac e-Transfers
OECU is pleased to offer e-tsf — the simple, secure way to transfer money from anywhere to anyone. All you need is an email address and/or mobile phone number.
As a sender, you don't need to know where the recipient banks, and they won't know where you bank — all account details and financial institutions are kept confidential.
No new accounts needed. As long as both parties have online banking, all you need is the recipient's mobile number or email address.
Money never travels with the message. Recipients receive an encrypted link to deposit funds using their own banking credentials.
Funds arrive fast. Recipients are notified by email and/or text within approximately 30 minutes of the transfer being initiated.
How to Send an e-Transfer
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1Know the recipient's name and email address or mobile number.
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2Log in to OECU NETBanking via computer or smartphone.
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3Select eTransfers from the menu to launch the transfer page.
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4Add your recipient by entering their name and contact details.
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5Create a security question only the recipient will know the answer to.
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6Enter the amount, add an optional message, and click Send Transfer.
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7The recipient is alerted and can deposit funds securely using their own online banking.
Ways to Use e-Transfers
® Trademark of Interac Inc. Used under license.
Member Card & ATM Banking
Your OECU Member Card gives you access to the full range of transactions — withdrawals, deposits, and transfers between accounts — 7 days a week, 24 hours a day.
You can also pay for purchases at any retail outlet displaying the INTERAC® Direct Payment symbol, and withdraw cash worldwide at ATMs displaying the INTERAC® or CIRRUS® symbols.
OECU ATM Location
6435 Edwards Blvd., Mississauga, ON
Provides access for deposit, transfer, or cash withdrawal 24/7.
Lost or stolen card? Call 1-877-764-3693 (Canada & US) or 905-764-3693 (International) — available 24 hours a day, 7 days a week to cancel your card immediately.
The Exchange® Network
* Regular account service fees still apply. † Surcharging may occur at some US locations.
Benefits of Payroll Deposit
Payroll Deposit
Have your paycheque deposited directly to your OECU account — it's that simple. Off your pay, off your mind.
Once set up with your employer or school board, your net pay is automatically deposited into your OECU account on every pay date. Your money is available immediately, without any manual steps.
You can also arrange to have a portion of each paycheque automatically transferred to savings — the easiest way to build your financial future without thinking about it.
Set Up Payroll Deposit →Speak with a Member Service Representative at your nearest branch to get started.
Insurance for Every Stage of Life
OECU offers a range of insurance products designed to protect what matters most — your home, your vehicle, your mortgage, and your travels.
Auto & Home Insurance
As an Ontario credit union, OECU is governed by provincial regulations regarding insurance promotion. Under Ontario Regulation 277/15, credit unions may only promote authorized types of insurance on their websites.
For questions about auto or home insurance options available to OECU members, please contact a Member Service Representative directly.
Mortgage Insurance
Your home is much more than four walls and a roof — it may be the largest investment you'll ever make. Group Mortgage Protection Insurance helps protect that investment and gives your family worry-free security against life's uncertainties. If you are not there to make payments, this coverage can be.
Travel Insurance
CUIS Travel Insurance offers unique protection rated specifically for where you plan to travel — whether for business, pleasure, or school. Coverage can begin as soon as you need it, even today. Must be purchased in person at an OECU branch.
Deposit Insurance Protection
Your deposits at Ontario Educational Credit Union are protected by the Financial Services Regulatory Authority of Ontario (FSRA).
FSRA administers deposit insurance for Ontario credit unions, providing automatic protection for eligible deposits. Registered accounts (RRSP, RRIF, TFSA, RESP, RDSP) have unlimited coverage. Non-registered eligible deposits are covered up to $250,000.
This coverage is automatic — no application required. For complete details on coverage limits and eligible deposits, visit the FSRA website directly.
What FSRA Deposit Insurance Covers
GO Figure — Your Financial Resource Centre
With one stop, get the financial education and management tools you need. It's easy to organize your financial affairs online and calculate your needs across all areas of your financial life.
The secure GO Figure website gives OECU members access to a comprehensive suite of planning tools — all in one place, completely free.
GO Figure!
Your ABCs of personal finance. Make more informed financial decisions, organize your finances, and plan for your future — all in one secure place.
Launch GO Figure →