Kindred Credit Union
This Page's Content Was Last Updated: July 21, 2026
Important Information
WOWA.ca provides independent reviews using publicly available data and is not affiliated with Kindred Credit Union.
Shopping for financial products in Ontario? This 2026 Kindred Credit Union overview evaluates its latest rates and account features against major Canadian banks and regional credit unions. Select a topic below to inspect specific rates and data:
- Compare Kindred Credit Union Mortgage Rates — 1- to 5-year fixed and variable terms.
- Inspect GIC & Savings Rates — Non-registered, TFSA, and RRSP yields backed by FSRA (DIRF).
- Financial Overview & Asset Rank — Key performance data for Kindred Credit Union (ranked #26 in Canada with $2.4 billion in assets).
- Branch Network & Accounts — Account options and local branch access.
Credit Union
Kindred
Kindred Credit Union is a credit union located in Ontario. It was founded in 1964. It primarily serves Mennonite community.
Kindred Credit Union was founded on March 21, 1964, when members of the Waterloo County Mennonite community created a cooperative financial institution. Originally known as Mennonite Savings and Credit Union, it served faith community members for decades before gradually opening its membership more widely and rebranding as Kindred Credit Union in 2016.
Kindred integrates values based criteria into its financial services. It limits investments in areas such as gambling, weapons, tobacco, alcohol, and cannabis, and offers products such as Affordable Housing GICs, which help finance long term affordable housing in Waterloo Region.
Headquartered in Kitchener, Kindred is a certified B Corporation serving Southern Ontario. Its work connects everyday banking, investing, and lending with member ownership, community impact, and responsible financial stewardship.
Provinces served
Number of Members (as of 2025): ~30,000
Kindred Mortgage Rates
The mortgage rates on this page were last updated on September 21, 2026 at 6:15 PM ET.
| Lender | Term | Insured down payment < 20% | Insurable home < $1M & amortization ≤ 25yr | Posted non-discounted rate |
|---|---|---|---|---|
| Kindred Credit Union | 1-Year Fixed | — | — | 5.25% |
| Kindred Credit Union | 2-Year Fixed | — | — | 5.25% |
| Kindred Credit Union | 3-Year Fixed | 4.29% | 4.65% | 4.90% |
| Kindred Credit Union | 4-Year Fixed | — | — | 4.90% |
| Kindred Credit Union | 5-Year Fixed | 4.34% | 4.85% | 4.90% |
| Kindred Credit Union | 5-Year Variable | 4.45% | 4.45% | — |
* Rates are for informational purposes only and reflect the lowest rates available. Rates may change at any time and may be applicable only to certain borrowers. Terms and conditions apply. | ||||
Understanding Kindred Credit Union Mortgage Features
- Prepayment Privileges: Most credit unions in Ontario allow members to make annual lump-sum prepayments (10%–20%) and payment increases without penalty.
- Early Termination Penalties: Breaking a fixed-rate mortgage early incurs an Interest Rate Differential (IRD) or 3 months' interest penalty. Variable mortgages typically carry a 3-month interest fee.
- Local Approval: Mortgages are underwritten locally, providing flexible solutions for self-employed buyers and unique property types.
Estimate your payments using WOWA's Mortgage Payment Calculator.
Kindred GIC Rates
The GIC rates on this page were last updated on September 21, 2026 at 5:44 PM ET.
| Term | Non-Registered Rate |
|---|---|
| 1-Month | 1.80% |
| 3-Month | 2.05% |
| 6-Month | 2.25% |
| 9-Month | 2.35% |
| 1-Year | 3.10% |
| 2-Year | 3.30% |
| 3-Year | 3.75% |
| 4-Year | 3.80% |
| 5-Year | 4.00% |
* Rates are for informational purposes only and reflect the highest rates available. Rates may change at any time and may be applicable only to certain depositors. Terms and conditions apply. | |
Kindred Credit Union Ranking Among Credit Unions Monitored by WOWA
26th
by Assets
of 134 credit unions
25th
by Loans
of 133 credit unions
27th
by Deposits
of 133 credit unions
Kindred Credit Union ranks 26th among Canadian credit unions by assets monitored by WOWA, 25th by loans, and 27th by deposits, as of December 31, 2025. You can view the complete list of Canadian credit unions here.
Kindred Credit Union Branch Locations
Chequing and Savings Accounts
The account-related data on this page was last updated on July 20, 2026.
Chequing Accounts
Chequing Account
1. Account: Flex Plan
- Standard Fee
- Free
- Free Transactions
- 0
- Max e-Transfer / Day
- $10,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 0 free transactions.
- Bill Payment (Online): $0.80 Bill Payment (In Branch): $1.50 Pre-Authorized Debit: $1.00 Interac e-Transfer (Send or Request): $1.00
- Maximum Interac e-Transfer per day: $10,000
- This limit may vary depending on the client profile.
- Kindred Credit Union Flex Plan is a no-monthly-fee chequing account with pay-as-you-go transaction pricing and tiered interest based on the account balance. Transactions and Interac e-Transfers are charged individually, while eligible transaction fees are waived when a minimum monthly balance of at least $3,000 is maintained.
Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Chequing Account
2. Account: Unlimited Plan
- Standard Fee
- $17.95/mo
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $10,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- The monthly account fee is waived if you maintain a minimum balance of $3,000 in your account.
- This account allows Unlimited free transactions.
- E-Transfers are excluded from the transaction limit and is unlimited.
- Maximum Interac e-Transfer per day: $10,000
- This limit may vary depending on the client profile.
- Kindred Credit Union Unlimited Plan is a $17.95-per-month chequing account with unlimited transactions and Interac e-Transfers. The account also earns tiered interest based on the balance. The monthly fee and eligible transaction fees are waived when a minimum monthly balance of at least $3,000 is maintained.
Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Chequing Account
3. Account: Value Plan
- Standard Fee
- $11.45/mo
- Free Transactions
- 25
- Max e-Transfer / Day
- $10,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- The monthly account fee is waived if you maintain a minimum balance of $3,000 in your account.
- This account allows 25 free transactions.
- Maximum Interac e-Transfer per day: $10,000
- This limit may vary depending on the client profile.
- Kindred Credit Union Value Plan is an $11.45-per-month chequing account with 25 included transactions per month, including Interac e-Transfers. The account also earns tiered interest based on the balance. The monthly service fee and eligible transaction fees are waived when a minimum monthly balance of at least $3,000 is maintained.
Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Savings Accounts
Savings Account
Account: Daily Interest Savings Account (Plan 24)
- Interest Rate
- 0.10%
- Standard Fee
- Free
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $10,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows Unlimited free transactions.
- Maximum Interac e-Transfer per day: $10,000
- This limit may vary depending on the client profile.
- Kindred Credit Union Daily Interest Savings Account (Plan 24) is a no-monthly-fee savings account with no minimum deposit requirement. It earns Kindred’s standard savings rate on balances of any amount, with interest calculated daily and paid monthly. The account includes unlimited debits, allowing withdrawals and transfers without a monthly transaction limit.
Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Savings Account
Account: High Interest Savings Account
- Interest Rate
- 0.90%
- Standard Fee
- Free
- Free Transactions
- 1
- Max e-Transfer / Day
- $10,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 1 free transaction.
- Maximum Interac e-Transfer per day: $10,000
- This limit may vary depending on the client profile.
- Kindred Credit Union High Interest Savings Account is a no-monthly-fee savings account with no minimum deposit requirement. Interest is calculated daily and paid monthly on balances of any amount. The account includes 1 free debit per month, with additional withdrawals, transfers, bill payments, or electronic debits costing $5 each.
Deposit Insurance
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), via the Deposit Insurance Reserve Fund (DIRF).
Key Financial Metrics and Trends
| Metric | 2025 | YoY Change | 5-Year Change |
|---|---|---|---|
| Assets | $2,381M | +4.5% | +31.0% |
| Loans | $2,140M | +8.6% | +30.9% |
| Deposits | $2,036M | +3.7% | +24.8% |
| Loan-to-Deposit Ratio | 105.1% | — | — |
| Mortgages + HELOCs | $713M | +6.7% | +51.4% |
| Securities | $172M | -30.9% | +59.3% |
| Revenue | $62M | +10.7% | +51.2% |
| Efficiency Ratio | 69.7% | — | — |
| Target Members / Region | Mennonite community | — | — |
Kindred Credit Union Deposits, Loans and Revenue in the Past 5 Years
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Contact
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Disclaimer:
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- Interest rates are sourced from financial institutions' websites or provided to us directly. Real estate data is sourced from the Canadian Real Estate Association (CREA) and regional boards' websites and documents.