TFSA & RRSP Online

Online banking and saving with SCU just got a whole lot easier. Now SCU members have the ability to make a contribution to their Variable Tax Free Savings Account (TFSA) or Variable Registered Retirement Savings Account (RRSP) and withdraw money from their TFSA all via SCU Direct® Transfers. This is just one of the ways that we're helping our members to save time and money.

How to get started

  1. Sign up for SCU Direct® Online banking
  2. Log into your account
  3. Transfer funds to a Variable TFSA or RRSP or transfer funds from a Variable TFSA to another account (subject to withdrawal fees)

It's that easy.

For more information on a Tax Free Savings Account, including your contribution limits, withdrawals and transfers click here. Members remain responsible to be aware of their allowable contribution limits and how withdrawals and new contributions affect their TFSA limits

SCU offers RRSPs at variable and fixed rates and have tiered rates on deposits of $100,000 and over. Click here for more information on Registered Retirement Savings Plans (RRSPs).

Only Variable TFSA and RRSP products are eligible for this service. If you want to deposit money into another registered or fixed product, please visit your nearest branch or call our Member Contact Centre at 1 800.728.6440.

To sign up for online banking, contact our member contact centre or see a member service representative at any branch to obtain your personal access code.