Ingersoll (pop. ~13,000) is an Oxford County town known as the cheese and dairy capital of Canada, with a growing manufacturing base. Ingersoll has TD, RBC, Scotiabank, BMO, and CIBC branch locations. Here are the best banking options for Ingersoll residents in 2025.
TD
TD Bank
Ingersoll Branch
$0
fee with $5,000 min balance
TD has a branch in Ingersoll offering full-service banking for Oxford County residents. The All-Inclusive Plan is fee-free with a $5,000 balance. TD mortgage services and FHSA accounts are popular with Ingersoll first-time homebuyers in this affordable Ontario market.
RBC has a branch in Ingersoll with full mortgage, RRSP, and investment services. RBC Avion Visa earns travel rewards on everyday purchases. A strong choice for Ingersoll families and agricultural businesses in Oxford County.
Scotiabank serves Ingersoll with a branch offering full banking services. Scene+ rewards earn points at Sobeys and Cineplex. Competitive mortgage rates for first-time buyers in Oxford County’s affordable housing market.
BMO has a branch in Ingersoll offering full personal and business banking. AIR Miles rewards on everyday spending, plus competitive TFSA and RRSP rates. BMO SmartProgress tools help Ingersoll residents plan home purchases in Oxford County.
CIBC serves Ingersoll with a local branch and the Aventura travel rewards program. CIBC Smart Account provides flexible, affordable banking for Oxford County residents. Strong mortgage products for Ingersoll homebuyers.
KOHO gives Ingersoll residents $0 fees with 5% cashback promo on everyday spending. Ideal for Oxford County residents who want more from their bank account. Use code 45ET55JSYA at sign-up for a $100 welcome bonus — instant value for Ingersoll households.
Calculate your Ontario LTT and first-time buyer rebate for an Ingersoll home purchase. Rates: 0.5% / 1% / 1.5% / 2% / 2.5%. FTB rebate up to $4,000.
Ontario Land Transfer Tax:
Frequently Asked Questions — Banking in Ingersoll
What banks are in Ingersoll, Ontario?
Ingersoll has TD Bank, RBC Royal Bank, Scotiabank, BMO, and CIBC branch locations. For digital banking with no fees, KOHO (code 45ET55JSYA for $100 bonus) is an excellent complement to local branch banking. Most Ingersoll residents benefit from combining a digital bank with one local branch account.
What is the best bank for Ingersoll, Ontario residents in 2025?
KOHO is best for everyday banking — $0 fees and 5% cashback promo with $100 bonus (code 45ET55JSYA). TD and RBC serve Ingersoll with in-person branches for mortgages and complex banking needs. BMO and CIBC also have local branches in town. Most Ingersoll residents benefit from combining a digital bank with one local branch account.
How much is Ontario Land Transfer Tax on an Ingersoll home?
On a $450,000 Ingersoll home, Ontario LTT is approximately $5,225. First-time buyers receive a rebate of up to $4,000, reducing the net amount to approximately $1,225. Ingersoll homes are among the most affordable in southwestern Ontario, with significantly lower LTT compared to London or Toronto purchases.
Is Ingersoll, Ontario a good place to buy a home?
Yes — Ingersoll offers excellent affordability in Oxford County with good local amenities and manufacturing employment. Home prices are significantly lower than nearby Woodstock or London while still providing access to county services, schools, and healthcare. First-time buyers benefit from Ontario’s $4,000 LTT rebate.
How do I open a bank account in Ingersoll, Ontario?
You can open an account at TD, RBC, Scotiabank, BMO, or CIBC branches in Ingersoll with valid ID and SIN card. Alternatively, open KOHO entirely online in minutes — no branch visit required. Use code 45ET55JSYA for a $100 welcome bonus.
Disclaimer: Rates and offers are subject to change. The KOHO 5% cashback is a promotional rate and may vary. Ontario LTT calculations are estimates — consult a real estate lawyer for exact amounts. This page is for informational purposes only and does not constitute financial advice. Bremo.io may earn referral compensation from partner links.