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​1.25% U.S. Dollar Savings Account

Your U.S. savings can only grow from here.

Build your U.S. savings and stop worrying about exchange rates

If you regularly use American money, are a frequent visitor across the border or currently enjoying a FirstOntario U.S. Dollar Chequing Account, this savings account will be the perfect addition.

Plus, this account is available to our Business Members too!

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Already a Member? Open an account online now.

Earn interest on your savings1

One free debit per month2

Access to online and mobile banking with free eStatements

  • Earn a competitive rate of interest
  • Unlimited free deposits in branch
  • Easily transfer money from your U.S. Dollar Chequing Account or any of your FirstOntario Canadian accounts
  • ATM and Point of Sale (POS) Services are not available on this account

Open your account today

Already a Member? Open an account online now.


Terms & Conditions

  1. Interest is calculated daily, paid monthly. U.S. dollar deposits are not covered by the Deposit Insurance Corporation of Ontario.
  2. Debits include in-branch withdrawals, FirstOntario Visa payments and transfers out - 1 free per month, $5 thereafter
  3. FirstOntario Visa card payments are set up through the MyCardInfo site. 

Take a look at...

U.S. Dollar Visa Credit Card

Earn valuable rewards without foreign transaction fees.

U.S. Dollar Chequing Account

Easily exchange CAD and USD using online or mobile banking. 

Travel Insurance

Before you hit the road, make sure you have proper medical coverage — just in case.