Credit Union · Saskatchewan

Affinity Credit Union Review 2026

Saskatchewan's Affinity Credit Union — 60+ branches, rural reach, 100% CUDIC deposit insurance.

No fee everyday banking

Set up direct deposit and skip the monthly fee. Free to open, and the Easy plan has no monthly fee. Worth doing if you will actually move your pay or your CRA deposits over, not if the card sits unused. Code BREMO2026.

See how it works

About Affinity Credit Union

Affinity Credit Union is one of Saskatchewan's leading credit unions, with roots stretching back to 2016 (merger). Serving 62,000+ members and managing $5.1 billion in assets, it stands as a pillar of Saskatchewan's co-operative financial system — returning profits to members through competitive rates, lower fees, and community investment across the province.

Saskatchewan has one of the strongest credit union sectors in Canada. Over 40% of Saskatchewan residents are credit union members, a rate unmatched anywhere else in the country. Credit unions here offer rates and fees that consistently beat the big banks.

Rates & Products (2026)

Product	Details
Chequing Account	$0–$6/month
TFSA Savings Rate	Up to 4.2%
5-Year Fixed Mortgage	~5.24%
RRSP GIC (1-year)	Up to 4.75%
Agricultural Loans	Competitive, flexible terms

Pros & Cons

Pros

60+ branch locations across rural and urban Saskatchewan
100% CUDIC deposit insurance
Among the best TFSA rates in Saskatchewan
Extensive agricultural and small business banking
Member dividends in profitable years

Cons

Recent merger integration — some service inconsistencies reported
App needs improvement vs national banks
Saskatchewan-only

Who Should Join Affinity Credit Union?

Affinity Credit Union is a top pick for Saskatchewan residents seeking a credit union with a wide rural branch network. Formed through multiple mergers of smaller co-operatives, Affinity now has 60+ branches across the province — more rural reach than any Saskatchewan competitor.

Saskatchewan CUDIC Deposit Insurance

Deposit Insurance (CUDIC): Credit union deposits are protected by provincial deposit insurance — not CDIC. Saskatchewan CUDIC covers 100% of deposits with no dollar limit. Manitoba DGCM covers 100% unlimited. Ontario FSRA covers 100% unlimited. BC CUCC covers 100% unlimited. Alberta DGCM covers 100% unlimited. This generally exceeds CDIC's $100,000 per-category cap at Schedule I banks.

The Saskatchewan Credit Union Deposit Insurance Corporation (CUDIC) provides 100% protection on all eligible deposits with no dollar limit. This means your deposits at Affinity Credit Union are fully protected — whether you have $100 or $500,000. Compare this to CDIC's $100,000 per-category limit at Big Five banks.

Is Affinity Credit Union regulated?

Yes. Affinity Credit Union is regulated by FCAA (Financial and Consumer Affairs Authority of Saskatchewan) and deposits are insured 100% by Saskatchewan CUDIC.

Can I join Affinity Credit Union outside Saskatchewan?

Most Saskatchewan credit unions require membership in their service area (Saskatchewan residency). Some have expanded digitally — contact Affinity Credit Union directly to confirm eligibility.

Does Affinity Credit Union offer agricultural loans?

Yes. Saskatchewan credit unions have a long history of agricultural lending and typically offer more flexible terms and local decision-making than national banks for farm loans, equipment financing, and agri-business lines of credit.

💡 The Best Combo: Your Credit Union + KOHO

Many Canadians keep their credit union account AND add KOHO for cash back on everyday spending. KOHO is free forever — the perfect complement to your local CU.

Get KOHO Free — Code BREMO2026