Online Banking Account Opening

If you are already a Prospera member you can open some types of accounts in Online Banking. It's free, it takes seconds to do, and you can transfer money directly into the new account from your existing accounts.

Types of accounts you can open in Online Banking

In Online Banking you can open a new:

Note: You must already have a RRSP or TFSA contract open before you will be able see the choices for adding new RRSP/TFSA products.

How to open an account in Online Banking

  1. Log in to Online Banking.
  2. On the Account Summary page click Account Services in the left-side menu.
  3. Select the type of account you wish to open: chequing, savings or term deposit.
  4. Select the product you with to open by clicking Open account. You can read more about the product by clicking on the product name.
  5. Enter the amount you wish to deposit into the account and the account you with to transfer from. Note that a minimum initial deposit of $100.00 is required to open a term deposit in Online Banking.
  6. Click Continue to confirm your information, and then Confirm to open the account.

Your account is now open. You can view your account on the Account Summary page.

Opening joint accounts

When you open an account in Online Banking it is open in your name only.

To add another person to the account phone our Member Service Centre at 1 888 440 4480 or your nearest branch.

Note that the person who is to be added as a joint tenant on the account should accompany you to your branch or be available to speak to a Member Service Centre agent on the phone.

Terms and conditions for opening accounts in Online Banking

  • All accounts opened in Online Banking are subject to the standard account terms and conditions.
  • Term deposits must be opened an initial minimum deposit of $100.00.