Business Details
Your Trusted Partner for Personal and Business Banking Solutions
At Moya Financial, we prioritize personalized banking experiences that reflect our members' needs. As a credit union, we operate with a member-owned structure, ensuring profits are reinvested into the community and member benefits. Our services span personal and business banking, investment solutions, and specialized programs like the Canada Small Business Financing Program. We emphasize financial literacy through youth accounts and offer competitive rates on term deposits, savings accounts, and mortgages. Our mobile banking platform provides secure, 24/7 access to account management. Committed to community development, we allocate a portion of net profits to local initiatives and scholarships.Our governance framework prioritizes transparency and ethical conduct, aligning with industry regulations. With flexible banking options including online services, ATMs, and branch locations, we aim to simplify financial management. Our team focuses on delivering tailored advice for savings, investments, and credit solutions. Through initiatives like referral rewards and payroll switching incentives, we foster long-term member relationships. Our operational history demonstrates adaptability to economic changes while maintaining member-centric values.
Services
Personal Accounts
Business Banking
Term Deposits
Credit Cards
Mortgage Services
Investment Products
Mobile Banking
Youth Accounts
Community Programs
ATM Network
Highlights and features
- We operate as a member-owned credit union returning profits to account holders
- Our community investment program allocates annual net profits to local initiatives
- We offer specialized financial products like First Home Savings Accounts with 3.75% interest
- Our mobile banking platform provides secure 24/7 account access
- We support small businesses through the Canada Small Business Financing Program
Services
Personal Accounts
We offer no-fee chequing, daily interest savings, and US dollar accounts tailored to individual financial needs. Our solutions include youth accounts for financial education and specialized products for diverse banking requirements. All accounts benefit from mobile banking access and fee-free ATM networks.
Term Deposits
Our competitive term deposit options include 1-year redeemable (2.70%) and non-redeemable (3.55%) products. These fixed-rate investments provide secure growth opportunities for short-term savings goals while maintaining CDIC insurance coverage for member protection.
First Home Savings Account
This specialized account offers 3.75% interest for first-time homebuyers. Combining tax advantages with competitive returns, it helps members accumulate down payments faster while benefiting from dedicated mortgage advisory services and educational resources.
Business Banking
We provide business accounts, credit cards, and financing through the Canada Small Business Financing Program. Our services include investment options, cash management tools, and personalized support for startups and established enterprises across Toronto.
Community Programs
Our community investment strategy allocates annual profits to local events, scholarships, and charitable causes. Through Moya Hive initiatives, we support member-driven projects and maintain partnerships with Toronto-based organizations to strengthen financial wellness.
Questions
How do I become a Moya Financial member?
Visit our website to complete the online application process or contact our Toronto branch for in-person assistance. Membership requires opening a qualifying account with minimum deposit requirements.
What investment options are available?
We offer term deposits, mutual funds, registered products (RRSP, TFSA), and First Home Savings Accounts. Our investment calculator helps determine optimal strategies based on financial goals.
Are there fees for banking services?
We provide no-fee chequing accounts and 4,500+ fee-free ATMs. Specific service fees apply for premium features, which are detailed in our fee schedule available online and at branches.
How does the referral program work?
Refer new members through our official program. Both you and the referred member receive $50 upon their account opening and initial deposit requirements completion.
What small business support do you offer?
We participate in the Canada Small Business Financing Program, providing loans up to $1 million. Our business advisors assist with account management, credit solutions, and growth strategies.
How are community investments determined?
Our annual community investment committee allocates a percentage of net profits to local initiatives, scholarships, and events. Priority is given to projects that align with member interests and financial literacy goals.
