GAGANDEEP SINGH
HARMANDEEP KAUR
PARWINDER KAUR

INTRODUCTION OF COMPANY
The Alterna Saving Company is the Canadian credit union which is started in 1908 to provide daily banking services, loan mortgages investment services and business banking.

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• Starting of Company: This Company was started in 1908 by the Metro credit and CS-CO-OP (Civil Service And Loan Society) in Ottawa (Ontario).
• How is Company Started: After failure of credit union across the country for national operative bank which provide funds then the metro credit, Civil Service And Loan Society merged and started a new Alterna Saving Company in Ottawa.

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• Who Started Alterna Saving Company: After the failure of credit union in across the country then this Company started under the leadership of Gary Seveny who launched Alterna saving to offer service across Canada
• Purpose to start Alterna Saving: The main purpose to start this company provide business banking, daily banking service, loan mortgage investment and credit to their customer.

Alterna Savings and Credit Union Ltd. Operates as a credit union. It offers chequing accounts, savings accounts, investment savings accounts, and credit cards, term deposits, RRSPs, RRIFs, tax-free savings accounts, special shares, and RESPs, and estate planning and insurance protection, payment protection, home insurance, auto and travel insurance, and credit insurance services.

What makes Alterna Savings different?

• • Our interest rates are often best-in-market • Owned by our members
• • Owned by our members
• • Profits are reinvested in our members and the community
• • We offer exceptional, personalized service
• • You get honest advice from experts who truly care

Look into Alterna's TFSA solutions:

• • TFSA eSavings Account
• • TFSA eTerm Deposits
• • There are no administration, withdrawal, or transfer fees.
• • It’s easy—set up an auto-transfer to your TFSA and build your savings over time

Alterna Bank offers a no-fee chequing account with unlimited Interac e-transfers, a must-have for young people who rightly disdain paper cheques. Alterna also has a savings account currently paying a competitive 2.05 per cent (2.1 per cent for tax-free savings accounts).

Loyalty, complacency, solidity – these factors all influence people to stay with their existing bank. Established clients with mortgages, lines of credit and investments may find it handy to consolidate with one bank for the long term for reasons of convenience.

THANK YOU