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  1. parama.caPARAMA

    THE PARAMA ADVANTAGE. Deposit Anywhere™ is a feature on our Parama mobile app which allows you to quickly and securely deposit cheques. More. Credit Union Advantages. Belonging to a Credit Union is not much different than belonging to a bank, except for one fact – it’s better! More. Fund Transfers.

  2. Credit Unions offer many of the digital features that the big banks do, including internet and mobile banking. Improved and expanded on-line bill payment registrations. On-line set up for recurring, scheduled and immediate transfers.

  3. paramaonline.caPARAMA

    Locations, Hours & Support. Two Branches to Serve You. Kingsway Branch (Royal York) Address: 2975 Bloor St W, Etobicoke, ON M8X 1C1. This location is wheelchair accessible. Phone: (416) 207-9239. Fax: (416) 207-9401.

  4. PARAMA offers excellent rates. Our loans are fully open and you can take up to 5 years to pay us back. All we need is a completed and signed Credit Application along with a confirmation of your income to get started. Complete the form below in order to apply online: Click for Application Form. RRSP Loans.

  5. Phone: (416) 532-8723. Email: support@parama.ca. Business Hours: Monday: 9am to 4pm. Tuesday: 9am to 4pm. Wednesday: 9am to 4pm. Thursday: 9am to 7pm. Friday: 9am to 7pm. Saturday: CLOSED.

  6. Credit Unions such as PARAMA have modern features and services such as online/mobile banking, credit and debit cards, INTERAC® e-transfers and the mobile “deposit anywhere” cheque service. Credit Union members in Ontario also benefit from deposit insurance.

  7. PARAMA Credit Union was established in 1952 by Lithuanians who immigrated to Canada after the Second World War. It opened its doors in the basement of a local community hall after many community members were turned down by the big banks when they needed help to buy homes, set up businesses and start their new lives in Canada.

  8. PARAMA Credit Union – 1952 to 2022. 2022 marks PARAMA’s 70th anniversary. Anniversaries are a time to reflect on the passage of time and our values as a financial institution. Being a financial resource for our Members as they work towards life goals keeps us firmly rooted in what matters most - helping our members.

  9. Parama Credit Unions refreshed app gives members an improved and more secure digital banking experience.

  10. Personal Line of Credit. The above posted rates apply to Owner Occupied mortgages. For Non-Owner Occupied rates contact our Lending Department.

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