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Published January 17, 2024
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10 minutes

Vision Credit Union Review

Alberta’s Vision Credit Union offers spending, savings and investment options for its individual, agricultural and business clients.

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Vision Credit Union at a glance

Vision Credit Union was founded in Camrose, Alberta over 70 years ago. Today, Vision is the third-largest credit union in the province with more than $2 billion in assets.

  • Vision Credit Union account options
    Credit cards
  • Other Vision Credit Union services
    Lines of credit
    Business and agriculture solutions

Vision Credit Union overview

Vision Credit Union is the third-largest credit union in Alberta, with 24 branches across the province, more than 37,000 members and over $2 billion in assets. Vision offers a variety of financial products, including an extensive offering of chequing accounts geared towards individuals, businesses and people in the farming industry. It also offers products designed to fit the needs of students, new parents and seniors in the communities it serves.

Vision Credit Union takes pride in being rooted in rural Albertan communities. With products ranging from basic bank accounts and credit cards to investment, loan and insurance options, Vision Credit Union aims to cover its members’ financial needs in all areas of life.

Online banking capabilities at Vision Credit Union

Vision Credit Union members have access to branch, phone and online banking. Vision also has an online portal and a mobile app. 

With online banking, Vision Credit Union members can access their accounts 24/7 from their laptop or computer. They can use online banking for bill payments, Interac e-transfers, money transfers, mobile deposits, stop payments and updates to personal information. Members can also use the Vision Credit Union mobile app to manage their accounts from iOS and Android devices, such as smartphones and tablets. 

Is my money safe at Vision Credit Union?

All deposits made into accounts at Vision Credit Union are 100% guaranteed by the Credit Union Deposit Guarantee Corporation. This guarantee includes your original deposit and any interest earned, and there is no maximum dollar amount. 

Vision Credit Union’s online banking and mobile app use high-level security features. You can also choose to set up and manage alerts and add two-factor authentication to your account. Of course, it’s also up to you to keep your login and password information safe and only use trusted and secure devices for your online or mobile banking. 

As for Vision Credit Union credit cards, they all come with purchase protection and Zero Liability from Mastercard and Visa to protect you against any potential fraud.

Vision Credit Union account types

Vision Credit Union has a wide range of chequing and savings accounts to fit the needs of individuals, businesses and farmers.

Vision Credit Union savings account

Vision Credit Union chequing accounts

Most of Vision Credit Union’s personal chequing accounts come with a host of added benefits and free online banking services.

Personal chequing account options

Business chequing account options

Vision Credit Union’s business accounts offer abundant choice to fit the needs of unique businesses. But, most accounts do not earn any interest. These account options include the:

Agriculture chequing accounts

Vision Credit Union’s agriculture chequing accounts do not yield interest but offer flexibility of use through the tiered plans. Options include the:

Vision Credit Union credit card accounts

Vision Credit Union offers Visa and Mastercard credit card options for personal use, including: 

Personal credit cards

Business credit cards

Vision Credit Union investing accounts

Vision Credit Union offers the following investment products:

Additionally, for members who would like to manage their own investments, Vision Credit Union offers online trading in partnership with the online brokerage Qtrade Direct Investing. 

Other Vision Credit Union services

Vision Credit Union also offers the following services, including specific services for businesses and farmers:

Personal services include: 

Additional services for businesses include:

Additional services for farmers include:

Vision Credit Union fees

Vision Credit Union fees vary based on the accounts you have and how you use them. Here are some of the common fees you may encounter once you exceed the number of free transactions included with your Vision Credit Union account:

Who is Vision Credit Union best for?

Alberta residents looking for a full-service co-operative institution for their personal, business or farming-related financial needs.

Vision Credit Union, one of the top three largest credit unions in Alberta, offers most of the banking products and services that are comparable to traditional banks. The modest network of service locations, ATMs as well as online banking options provide flexibility and ease of banking to fit your lifestyle.

Pros and Cons of Vision Credit Union

There’s plenty to like about Vision Credit Union, but no bank or credit union is without its drawbacks. Here’s what to consider before you open an account.



How Vision Credit Union compares to other credit unions

Primary region of serviceMobile and online bankingAre deposits insured?
Access Credit UnionManitoba.Yes.Yes, by the Deposit Guarantee Corporation of Manitoba.
Laurentian BankMontreal.Yes.Yes, by the Canada Deposit Insurance Corporation.
Northern Credit UnionNorthern Ontario.Yes.Yes, by the Financial Services Regulatory Authority of Ontario’s Deposit Insurance Reserve Fund.
Sydney Credit UnionNova Scotia.Yes.Yes, by the Nova Scotia Credit Union Deposit Insurance Corporation.
Vision Credit UnionAlberta.Yes.Yes, by the Credit Union Deposit Guarantee Corporation.

» MORE: Explore more Banking reviews, and see what other Canadian Big Banks, credit unions and online-only banks have to offer.

Frequently asked questions about Vision Credit Union

How can I access Vision Credit Union online banking?

You can sign into the Vision Credit Union’s online banking portal from your computer or laptop to create an online account to access your accounts. Alternatively, you can also use the Vision Credit Union mobile app on your Android or iPhone device to manage your transactions

Are my deposits secure with Vision Credit Union?

Yes, all deposits made to the Vision Credit Union accounts are 100% guaranteed by the Credit Union Deposit Guarantee Corporation. This guarantee includes your original deposit and any interest earned.


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