Moya Financial

Business Details

Your Trusted Partner for Personal and Business Banking Solutions

Moya Financial is a member-owned credit union dedicated to providing personalized banking solutions for individuals and businesses. We prioritize community impact by reinvesting a percentage of our net profits into local initiatives and scholarships. Our services include no-fee chequing accounts, savings accounts with competitive interest rates, mortgage programs, and investment opportunities through term deposits and mutual funds. We offer digital banking tools like Moya Mobile for secure, on-the-go access to accounts. For businesses, we provide tailored financial support through the Canada Small Business Financing Program.

Our governance structure ensures transparency and member ownership, with a commitment to ethical practices outlined in our Code of Conduct. We host community events and educational resources to promote financial literacy, including youth-focused banking programs. Our team is dedicated to delivering customer-centric service through multiple channels, including online banking, telephone support, and in-person branch assistance in Toronto.

Services

Personal Accounts Business Accounts Term Deposits Mortgage Programs Investment Solutions Digital Banking Youth Accounts Community Initiatives Credit Cards Small Business Financing

Highlights and features

We return profits to our members as a credit union
We give back to the local community annually
We offer Canada Small Business Financing Program support
We provide 24/7 digital banking access via Moya Mobile
We maintain transparent governance and member ownership

Website

Update Listing

Services

Personal Accounts

We offer no-fee chequing accounts and daily interest savings accounts designed for personal financial management. Our solutions include US dollar accounts and youth banking programs to promote financial literacy. As a credit union, our member-owned structure ensures competitive rates and community-focused service.

Term Deposits

Our term deposit options include 1-year redeemable and non-redeemable accounts with guaranteed returns. The 1-Year Non-redeemable Term Deposit offers 3.35% interest, while the First Home Savings Account provides 3.55% for first-time homebuyers. These registered products help grow savings securely.

Mortgage Programs

We provide mortgage solutions with competitive rates and personalized support. Our First Home Savings Account offers 3.55% interest for new homebuyers. Our mortgage calculators and advisors help navigate financing options for both first-time and experienced homeowners.

Digital Banking

Moya Mobile enables 24/7 account access with secure features mirroring online banking. Users can manage transactions, monitor accounts, and access tools like investment calculators. The app supports contactless payments through MemberCard integration and offers real-time alerts for account security.

Community Initiatives

We reinvest 1% of net profits annually into community programs, scholarships, and local events. Our Moya Hive initiative fosters community engagement through volunteer opportunities and partnerships with local organizations. This commitment strengthens the neighborhoods where our members live and work.

Questions

What makes Moya Financial different from traditional banks?

As a credit union, we're member-owned and return profits to our community. Our governance prioritizes member needs over external shareholders.

Do you offer business banking solutions?

Yes, we provide business accounts and support through the Canada Small Business Financing Program with tailored financial services.

How do you support first-time homebuyers?

Our First Home Savings Account offers 3.55% interest with tax advantages to help accumulate down payments.

What digital banking options are available?

Moya Mobile provides 24/7 access to accounts, bill payments, and financial tools with biometric security features.

How do you contribute to the community?

We reinvest 1% of net profits annually into local initiatives, scholarships, and community events through our Moya Hive program.

What youth financial education programs do you offer?

Our youth accounts teach financial literacy with age-appropriate features and resources to build early money management skills.

Reviews (6)

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Robert Donko

Aug 30, 2020 Report

Unfortunately after decades of membership and a truly disheartening experience and one not true to the Credit Union system and cooperative principles has required us to move our mortgage business elsewhere. I will credit Moya with a last minute attempt to rectify however was truly disappointed with our families mortgage renewal experience.

Andreja Kovac

Jan 26, 2020 Report

Someone before me wrote "best bank in TO". I couldn't agree more! Exceptional service, very VERY friendly staff and professional service. Not to mention excellent products! They answer questions honestly and straightforward. They'll point out better deals and options for the customer and maintain a high level of personalized service. Knowing you by your name? Here it's a given not a perk. Great for business banking too.

Melanie F.

Jan 02, 2020 Report

Exceptional! The service of this credit union is unparalleled; I have transferred nearly all of my banking here.
Banking at Moya after having an account with one of the big Canadian banking institutions is like night and day. The community-oriented credit union service + all the conveniences of online banking and mobile app. Simply the best!

Shreyas Sharma

Dec 23, 2019 Report

I came across this credit union while doing my search on Google. Right from the time I made a call to the office till the time my account was opened, the staff has been super helpful and have treated me like family. Both Nancy and David made the overall process streamlined and seamless and my account works perfect. Would definetely recommend Moya Financial to potential customers.

Jacob Formosa

Nov 17, 2019 Report

Best bank ever, great and knowledgeable staff. Geared to making your bank account grow, profits roll, and save as much as possible with little or lower fees then most other banks. I highly recommend Moya Financial even just for banking advice they rock.

Jacob Formosa

Sep 01, 2019 Report

The best bank for anybody. Great rates, amazing and knowledgeable staff to help you with all your needs and a easy to use online banking platform. Highly recommended. Every time I go online, in person, or get help over the phone they've been quick to help me with any questions and gave me working solutions. Also an amazing choice for families whom are starting bank accounts for their young ones!
Wheelchair accessible parking and lots of lot space. Thank you for 23 years of great service and keeping my money safe.