What's New?

Summer 2017 Newsletter.

2017 Holiday Schedule.

Mortgage FAQs.

RRSP MAXIMIZER, Loan Application.

Consumer Identity Theft Checklist.

Investment Calculator shows the effects of inflation on investments and savings.

Credit Union Advantage. Discover It!.

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Interest Rates as of:
September 7, 2017

OECU Prime Rate:
3.20%
 

 


Savings & Loan Rates

The credit union offers a full range of loans and mortgages to its members. Rates are subject to change without notice. Please contact the credit union for current rates.

Demand Deposits

  Paid Rate Balance of:
Chequing      
Personal 1, Senior Package monthly 0.00 $0 - $2,999
    0.10 $3,000-$9,999
    0.15 $10,000-$24,999
    0.20 $25,000-$59,999
    0.35 $60,000+
Savings      
Daily Interest monthly 0.10  
Premium semi-annual 0.25  
Secured quarterly 0.10  
Equity annually
(7/31)
0.25  
Summer annually (6/30) 0.25  
VIP annually 0.25  
Christmas Club annually (11/30) 0.25  
Teachers Funded Leave quarterly 1.70  
TFSA Variable monthly 0.60  

 

Term Deposits

 

Paid

Rate

Short Term (min. $500)    
30 to 59 days maturity 0.100
60 to 89 days maturity 0.200
90 to 179 days maturity 0.300
180 to 364 days maturity 0.400
Long Term (min. $500)    
1 year maturity 0.850
2 year maturity 1.000
3 year maturity 1.250
4 year maturity 1.350
5 year maturity 1.500
RRSP / RRIF / TFSA    
1 year maturity 0.850
15 to 21 months maturity 0.900
2 year maturity 1.000
3 year maturity 1.250
4 year maturity 1.350
5 year maturity 1.500
RRSP / RRIF Monthly $10,000 - $20,000 0.225
  $20,000 - $40,000 0.400
  $40,000+ 0.600
RRSP & RRIF Variable Rate Deposit   0.200

 

Mortgage Loans

  6 mo. 1 year 2 year 3 year 4 year 5 year
Fixed Rate - Open 6.000 6.250 6.500      
Fixed Rate - Closed 4.000 3.000 3.100 3.300 4.000 4.600
Variable Rate As low as
3.200
         
Meritline As low as 3.200%

 

Personal Loans

Variable Loan As low as:
6.200
Personal Line of Credit As low as:
6.200

 

Vehicle Loans
(minimum. $5,000 Secured by vehicle)

New Vehicles from: 6.450
Used Vehicles from: 8.200

 

OECU Prime Rate
3.200%

 

 

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2017 Ontario Educational Credit Union
Suite 1, 6435 Edwards Blvd. | Mississauga, Ontario Canada L5T 2P7 | Tel: (905) 795-1637