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Fall 2017 Newsletter.

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Savings Accounts

Daily Interest Savings Account

The Daily Interest Savings account is a useful savings option. Interest is calculated on the minimum daily balance and is paid monthly. This is a non-chequing, fully liquid account. And as always, our rates are highly competitive with other financial institutions.

Highlights of the Daily Interest Savings Account are:

  • Non-chequing.

  • Interest is calculated on daily minimum balance.

  • Interest is paid monthly.

  • Redeemable at any time.

  • Available for ATM /POS.

  • Statement account.

Service Charges:

  • Interac and white label service fees applied.

Premium Savings Account

The premium savings account is for those members who require the liquidity of their funds however are looking a longer time horizon to park their funds. The interest is calculated on the daily balance and paid semi annually. The interest rate is highly competitive.

Highlights of the Premium Savings Account are:

  • Non-chequing.

  • Interest is calculated on daily balance.

  • Interest is paid semi-annually.

  • Redeemable at any time.

  • Available for ATM / POS.

  • Statement account.

Service Charges:

  • Interac and white label service fees applied.

 

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