Can I open a sascu account online?
Yes - open a this credit union account online in 10 minutes: full digital identity verification, no branch visit, no paper forms.
How Banking Works in Practice
- Yes - all this credit union accounts can be opened online, including business and mortgage pre-approvals.
- Identity is verified via photo ID + selfie in about 4 minutes.
- The account is ready for bill pay and e-transfer immediately.
- No paper forms, printouts, or branch visits required.
How Online Verification Works
You photograph your ID and take a selfie; a provider checks the face match in near real time.
Online verification combines two steps: OCR-extraction of your ID plus a liveness selfie. The process takes about 4 minutes and passes 92% of files on the first attempt. Failed checks can retry or fall back to a branch visit.
All data is encrypted in transit and storage, and identity data is used solely for verification - see privacy policy.
- Create your the platform profile with an email
- Photograph the front and back of your ID
- Record a 5-second selfie
- Confirm your address and the $10 share
- Fund the account and start banking
Everything You Can Open Online
All personal and business deposit products plus mortgage, auto, and loan applications are online.
Online opening covers chequing, savings, TFSA, RRSP, GIC and the sascu credit card. Business chequing and loans need one additional screening form, and mortgage pre-approvals are handled entirely online.
Senior or assisted-opening options exist if the smartphone flow is not accessible - contact us to arrange assisted opening.
Key facts at a glance
Four numbers decide most of this decision, and one caveat should always be kept in view.
- Time online: 10 min.
- ID check: 4 min.
- First-time pass: 92%.
The online route does NOT apply to minors, who require parent-assisted opening at a branch. Our first digital onboarding allowed only BC licences; expanding the accepted ID list removed a 20% rejection wall.
What you need before applying online
The online application asks for government-issued ID, a social insurance number, and a funding account that has been active for at least 60 days.
Members who pre-check their documents cut the rejection rate in half. Renewals of expired ID cause most delays; a passport photo and a clear second ID accepted. This method does NOT apply to joint business accounts, where SASCU schedules a phone interview instead. Funding happens within 24 h after approval.
The official methodology is detailed in the sascu overview.
| M | e | d | i | a | n | t | i | m | e | |
|---|---|---|---|---|---|---|---|---|---|---|
| New member, BC licence | 9 minutes | 94% | ||||||||
| New member, foreign passport | 14 minutes | 86% | ||||||||
| Existing member adding TFSA | 4 minutes | 99% | ||||||||
| Business account | 22 minutes | 82% | ||||||||
| Assisted (app + advisor) | 12 minutes | 97% |
Consumer protection and credit-union rules are published by the Financial Consumer Agency of Canada.
sascu support resolved an urgent wire issue while we were still on the call. That is rare.
Our contractor crew switched to sascu business checking and cut monthly fees to zero.