Banking Services

ClickSWITCH makes it easy for you to quickly and securely switch your current online payments, automated payments and direct deposits from your existing financial institution’s accounts to your new account at The Energy Credit Union. ClickSWITCH removes the hassle of contacting all your billers to make changes and helps ensure you don’t miss a payment when you change financial institutions.

Payroll Deduction allows you to make regular loan or mortgage payments. You can also make deposits to your savings or RRSP automatically. This allows you to save or make any payments painlessly with the remainder of your pay going into the account of your choice.

Direct Alerts allow you to have notifications sent to you by text or email whenever certain events occur on your online CyberBanker.

For those members who get good use out of their Debit Card, the Flip & Save Account will tally your POS (Point-of-Sale) transactions and Flip 1$ for each one into your Flip & Save Account. This is a great way to save money for a rainy day.

Direct deposit is a fast, safe way to deposit your paycheque, pension, annuities, income tax or GST Rebate. If you happen to have an overdraft this deposit automatically reduces the outstanding balance, saving you money on interest costs.

There is no charge to transfer funds automatically from another institution weekly, bi-weekly or monthly as you choose.

There is no charge to have funds withdrawn electronically from your account. This allows vendors of your choice to withdraw payments directly from your chequing account. You will save money on any late payment fees and interest charges when bills are paid automatically this way.

At TECU you have the option of transferring funds directly from your account to pay bills on a regular basis of your choice weekly bi-weekly or monthly.

Through MemberDirect, TECU has a fully secure online banking system that allows our members to do most of their banking 24 hours a day 7 days a week. Members can pay bills, transfer money, view online statements and cheque images from the comfort of their own home or office. Contact our offices at 416-238-5606 to enroll. As part of our continuing commitment to cybersecurity, reCAPTCHA a new safety feature, has been integrated within our online cyberBanker.  Enhanced authentication practices are commonplace for online banking and e-commerce platforms, and TECU’s login features will continue to evolve with advancements in technology.

This new feature is available on desktop & mobile web and is not currently available on mobile app. reCAPTCHA requires members to first confirm they are human (and not a robot).  As members log in they will be asked to select common themes in images to login, like the screenshot below.

Click here for more information.