Top Employer: Alterna Savings and Credit Union Limited

Recognized as one of National Capital Region's Top Employers (2025):

Here are some of the reasons why Alterna Savings and Credit Union Limited was selected as one of National Capital Region's Top Employers (2025):

Alterna Savings helps employees save in both big and small ways, offering a defined contribution pension plan to help shore-up savings for retirement, as well as discounts on auto insurance and low-interest home loans
Alterna Savings supports the next generation through summer employment and co-op internships, and encourages employees to help recruit new candidates with employee referral bonuses, from $250 to $500 depending on the position
Alterna Savings is a strong supporter of their local community, contributing over $1-million in sponsorships, donations, and charitable community support over the past year -- in addition, employees receive one paid volunteer day annually and collectively donated over 1,320 volunteer hours to local initiatives last year

Alterna Savings employees celebrate Pride

Industry	Credit unions
Established in Canada	1908
Major Canadian locations	Ottawa ON, Toronto ON
Full-time employees in Canada	700
Part-time employees in Canada	58
Average age of employees in Canada	43.6 years
Longest serving employee	44.6 years
Flexible work options	hybrid work option, flexible work hours, telecommuting
Long-term savings	defined-contribution (DC) pension
Health plan premium	as part of the health plan, the employer pays up to 100% of the premiums
Health spending account	up to $535 each year
Mental health practitioner benefit	up to $2,500 each year
Maternity top-up (mothers)	up to 100% of salary for 3 weeks
Parental top-up (mothers)	up to 75% of salary for 14 weeks
Vacation allowance	new employees receive 3 weeks of paid vacation after their first year on the job
Outside survey period	outside consultant surveys are held every 12 months
Employee performance reviews	employees receive individual performance reviews every 12 months
In-house training initiatives	in-house training, online training, leadership development programs, paid internships
Related tuition subsidies	employer covers up to 100% of tuition per year
Employee charitable involvement	employees are involved in selection of charities, employees receive paid time off to volunteer, (up to 1 paid day)

Industry	Credit unions
Full-time employees in Canada	501 to 750
Parent company head office	Ottawa ON
Major Canadian locations	Ottawa ON, Toronto ON
Student opportunities	paid internships, summer jobs, co-op opportunities
Training	subsidies for professional accreditation, orientation program, online training, in-house training
Tuition subsidies (related to job)	yes
Typical new grad positions	Member Service Representative, Member Service Specialist, Personal Banking Associate, Credit Operations Representative, Deposit/Clearing Operations, Credit Analyst, Marketing Associate
Starting salary	$40K to $50K
Work benefits	health benefits for new employees, flexible work hours, telecommuting, employees receive paid time off to volunteer
Vacation allowance	new employees receive 3 weeks of paid vacation after their first year on the job