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  • My parents setup a bank account with Parama ages ago, when I was still in diapers. While many of my childhood friends have moved on from Parama to "Canadian" banks like RBC, CIBC, TD and whatnot I stick with Parama. Oh how I enjoy this place, let me count the ways: *no service fees (other than whatever ATM fees are charged by other insitutions) *can get money orders in CAD or USD *can do wires to any destination worldwide, for a small fee *traveller's cheques (though I admit with the advent of the debit card this isn't really of great interest to me) *credit card (I don't have one, but they have one) *Ethical Mutual Funds *RRSPs & other investments like TFSAs *they are open 7 days a week, very close to the subway, and there is always enough tellers about that you are not forced to wait for more than a couple of minutes *can get USD, Litas and EU currency And as a credit union member I can take part in the AGM and vote on the Board of Directors - how many bank customers can decide who head's up their financial institution?
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