Upcoming scheduled maintenance for online and mobile banking
Please be advised that we will be performing scheduled maintenance on Sunday, May 3. Online and mobile banking will be unavailable between 4 a.m. and 2 p.m. Thank you for your patience.
Credit reports: What they are & how to improve your score
Do you know what’s on your credit report and why it matters? On this episode of Finance Friday, FirstOntario Credit Union’s COO, Mark Perkins, explains exactly how credit reports work, how to access yours for free, and what factors influence your credit score....
Parents, children and some financial planning considerations: Birth of a baby
The arrival of a baby is an exciting time that comes with anticipation of first steps, first words, first birthdays and so much more. Becoming a parent is a life altering event that has a major impact on families. Along with thinking about the many child-rearing...
Planning for child’s arrival – financial tips for new parents
The pitter-patter of tiny feet brings immense joy and financial considerations. Join us on Wealth Wednesday as we emphasize the importance of financial planning when welcoming a new baby. FirstOntario’s Yvonne Delry and Larry Boyle share practical tips on...
Back-to-school budgeting & smart student spending
The back-to-school season is here, and it’s time to talk finances! In this episode of Finance Friday, FirstOntario’s COO, Mark Perkins, shares valuable insights on managing back-to-school costs and empowering students to make smart financial choices. Learn...
Saving and budgeting
Many people live paycheque to paycheque and find it difficult to save and get ahead. If that sounds familiar, you’re not alone. Rising costs and day-to-day expenses can make it feel like there’s never anything left over at the end of the month. The good news is that...
Secure your child’s future: Financial planning for children with disabilities
Planning for a child with disabilities requires a unique financial roadmap. On Wealth Wednesday, we’ll explore the essential tools and strategies to secure your child’s future. Learn how the Disability Tax Credit can unlock crucial benefits and how...
Parents, children and some financial planning considerations: Disabilities and special needs
Planning early for the costs that come along with supporting a child’s success through various stages of childhood to adulthood is an important focus for families. Financial planning for a family with a child with a disability can be more complex because it is likely...
Registered Education Savings Plan (RESP)
An RESP can be a smart way to save for a child’s post-secondary education while taking advantage of valuable government grants. When you contribute to a Registered Education Savings Plan (RESP), eligible children can receive the Canada Education Savings Grant (CESG),...
Mutual funds or GICs?
A diversified portfolio is often a more effective way to balance risk and long-term growth. If risk is defined only as the possibility of losing some of your original investment, products such as GICs may appear safer because they can guarantee principal and a fixed...
Mutual fund fees
Investment fees are a normal part of investing, whether your investments are offered through an advisor, bank, credit union, or broker. What matters is understanding what you are paying for and how those costs can affect your returns over time. Some fees are charged...
Parents, children and some financial planning considerations
Being a parent comes with many responsibilities including helping their children gain the knowledge, skills and the life experiences that contribute to their personal growth, long-term happiness and success. Planning for their future is important and comes with some...