![Alterna Savings Business Updates with Allegra Ottawa](/assets/live/186/747/887/pxl_20240321_124902690.jpg?format=webp&autorotate=true&width=400)
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Alterna Savings and Credit Union Limited, commonly called Alterna Savings (French: Caisse Alterna), is a credit union based in Ottawa, Ontario, Canada. In addition to its credit union branches in Ontario, it also operates across Canada through its direct banking subsidiary Alterna Bank.
Established as the Civil Service Savings and Loan Society, it was the first Canadian approach to cooperative banking outside Quebec. Alterna Bank, launched in 2000, was one of Canada's first financial institutions to operate primarily through digital access. The parent organization adopted the Alterna name on merging with Toronto's Metro Credit Union in 2005. It is the second-largest credit union in Ontario, with $10 billion in assets under management, over 217,000 members, and 41 branches.
Testimonial
"Alterna Savings has had a long standing 10+ year relationship with Allegra Printing and have used their online ordering portal for all those years. As a Financial Institution with 500+ employees through Ontario, we order a lot of business cards. With Allegra’s easy to use portal and automatic business card proofs it saves our company time and money. New template changes, no matter how big or small are dealt with quickly and efficiently by the Allegra IT team. Working with Simon Wood and the team at the Allegra shop in Ottawa, makes my job more efficient and easy."
- Barbara McKenzie