Credit Union Prime Rate
Giving you more opportunities to borrow smarter
5 Year Mortgage
CMHC insured
Rates effective as of 2025-01-01
| First Mortgage Rates - Closed | Rate |
| 1 year | 5.65% |
| 2 year | 5.25% |
| 3 year | 4.50% |
| 4 year | 4.35% |
| 5 year | 4.10% |
| 5 year term high ratio (CMHC insured) | 3.95% |
| Construction Mortgage | Prime + 0.5% |
Rates effective as of 2025-01-01
| Loans | Rate |
| New to 1 year old secured | 5.25% |
| Secured Loans (Including vehicles) | 6.75% |
| Unsecured Loans- as low as | 9.50% |
| Overdraft under $1000 | 21.00% |
Rates effective as of 2025-01-01
|
Term Deposits - Non Redeemable (RRSP, TFSA, RRIF, RESP) |
Rate |
| 1 year | 2.60% |
| 15 months | 2.60% |
| 2 year | 2.55% |
| 3 year | 2.60% |
| 4 year | 2.65% |
| 5 year | 2.75% |
| Rate Climber - Redeemable on 3rd & 4th Anniversary | Rate |
| 1 year | 2.80% |
| 2 year | 2.95% |
| 3 year | 3.05% |
| 4 year | 3.17% |
| 5 year | 3.30% |
| Effective Yield | 3.25% |
Rates effective as of January 1, 2025
| High Interest Savings | |
| HISA | 0.85% |
| TFSA HISA | 0.75% |
| RRSP, RRIF, RESP | 0.70% |
| Business High Interest Electronic Savings | |
| Less than $25,000 | 0.40% |
| Less than $250,000 | 0.65% |
| Less than $500,000 | 0.75% |
| Less than $1,000,000 | 0.85% |
| $1,000,000 and greater | 0.95% |
Try our handy calculators to explore how different rates affect your finances.
