The Police Credit Union Limited
This Page's Content Was Last Updated: July 21, 2026
Important Information
WOWA.ca is an independent financial comparison platform and is not affiliated with The Police Credit Union Limited.
Read our independent The Police Credit Union Limited review to compare financial metrics, chequing fees, and branch locations across Ontario. As of 2026, The Police Credit Union Limited ranks #78 among Canadian credit unions with $380 million in total assets.
Quick Jump: Chequing & Savings Accounts|Financial Metrics
Credit Union
The Police
The Police Credit Union Limited is a credit union located in Ontario. It was founded in 1946. It primarily serves Police employees.
The Police Credit Union was founded in 1946 to serve the policing community in Toronto. In 1967, it was formally incorporated as Metro Toronto Police Credit Union Limited. Over time, its membership expanded beyond Toronto to include police services across Ontario, and its name was later updated to reflect that broader scope.
Today, The Police Credit Union serves employees and retired members of police services in Ontario, along with staff of related police associations and organizations. Headquartered in Toronto, it offers personal banking, borrowing, mortgages, investments, and related financial services.
The credit union also supports the policing community through scholarships, bursaries, and contributions to organizations such as the Ontario Police Memorial Foundation.
Provinces served
The Police Credit Union Limited Ranking Among Credit Unions Monitored by WOWA
78th
by Assets
of 134 credit unions
71st
by Loans
of 133 credit unions
77th
by Deposits
of 133 credit unions
The Police Credit Union Limited ranks 78th among Canadian credit unions by assets monitored by WOWA, 71st by loans, and 77th by deposits, as of December 31, 2025. You can view the complete list of Canadian credit unions here.
The Police Credit Union Limited 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: Pay As You Go
- Standard Fee
- Free
- Free Transactions
- 0
- Max e-Transfer / Day
- $3,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 0 free transactions.
- Bill Payment: $1.00 Cheque (CAD or U.S. Account): $0.70 Pre-Authorized Payment: $0.70 Bill Payment: $0.60 Interac e-Transfer (Send or Request): $1.50
- Maximum Interac e-Transfer per day: $3,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
- The Police Credit Union Pay As You Go is a no-monthly-fee chequing account with no payroll or pension deposit requirement. In-branch withdrawals, online transfers, e-statements, alerts, and eligible ATM transactions are free. Cheques, pre-authorized payments, debit purchases, and bill payments are charged individually, while outgoing Interac e-Transfers cost $1.50 each.
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: Premium Rewards Chequing
- Standard Fee
- $19.95/mo
- Free Transactions
- Unlimited
- Max e-Transfer / Day
- $3,000
- 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 $5,000 in your account.
- This account allows Unlimited free transactions.
- Maximum Interac e-Transfer per day: $3,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
- The Police Credit Union Premium Rewards Chequing is a $19.95-per-month chequing account with unlimited chequing services and unlimited Interac e-Transfers, including send, receive, and request transactions. The monthly fee is waived with a $5,000 minimum daily balance. It also includes 2 free Interac cash withdrawals per month, with additional withdrawals costing $1.50 each.
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
- Interest Rate
- 0.45%
- Standard Fee
- Free
- Free Transactions
- 0
- Max e-Transfer / Day
- $3,000
- Insurance Limit (Non-Registered)
- $250,000 per depositor
- Insurance Limit (Registered)
- Unlimited
Account details
- This account allows 0 free transactions.
- Maximum Interac e-Transfer per day: $3,000
- Maximum Interac e-Transfer per week: $10,000
- This limit may vary depending on the client profile.
- Up to 0.45%
- The Police Credit Union Daily Interest Savings is a no-monthly-fee savings account with free deposits and free internal transfers. Interest is calculated on the daily closing balance and paid monthly. Rewards Program members receive the credit union’s highest available savings rates, but Rewards eligibility is tied to a qualifying Rewards chequing account.
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 | $380M | +2.2% | +3.0% |
| Loans | $341M | +2.7% | +6.2% |
| Deposits | $346M | +2.4% | +2.4% |
| Loan-to-Deposit Ratio | 98.6% | — | — |
| Mortgages + HELOCs | N/A | N/A | N/A |
| Securities | $31M | +10.7% | +19.2% |
| Revenue | $9M | +12.5% | +12.5% |
| Efficiency Ratio | 87.6% | — | — |
| Target Members / Region | Police employees | — | — |
The Police Credit Union Limited Deposits, Loans and Revenue in the Past 5 Years
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Contact
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