What's New?

OECU Newsletter.

Holiday Schedule.

Market Conduct Code.

Mortgage FAQs.

RRSP MAXIMIZER, Loan Application.

Credit Union Advantage. Discover It!

more  

Interest Rates as of:
July 18, 2022


 

 


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
    0.05 $3,000-$9,999
    0.10 $10,000-$24,999
    0.15 $25,000-$59,999
    0.30 $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 3.20  
TFSA Variable monthly 0.90  

 

Term Deposits

 

Paid

Rate

Short Term (min. $500)    
30 to 59 days maturity 0.700
60 to 89 days maturity 0.800
90 to 179 days maturity 0.900
180 to 364 days maturity 1.000
Long Term (min. $500)    
1 year maturity 2.500
2 year maturity 3.000
3 year maturity 3.300
4 year maturity 3.500
5 year maturity 4.500
RRSP / RRIF / TFSA    
1 year maturity 2.500
15 to 21 months maturity 2.700
2 year maturity 3.000
3 year maturity 3.300
4 year maturity 3.500
5 year maturity 4.500
RRSP / RRIF Monthly $10,000 - $20,000 0.500
  $20,000 - $40,000 0.650
  $40,000+ 0.750
RRSP & RRIF Variable Rate Deposit   0.250

 

Mortgage Loans

  6 mo. 1 year 2 year 3 year 4 year 5 year
Fixed Rate - Open 7.500 7.000 7.000      
Fixed Rate - Closed 5.500 4.600 4.950 5.050 5.200 5.400
Variable Rate As low as
5.700
         
Meritline As low as 5.700%

 

Personal Loans

Variable Loan As low as:
8.200
Personal Line of Credit As low as:
8.200

 

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

New Vehicles from: 7.450
Used Vehicles from: 9.200

 

 

Profile | Services | Deposits | Loans | Rates | Calculators | Links | Disclaimer | Privacy | Legal | NETBanking

Top of Page

2022 Ontario Educational Credit Union
Suite 1, 6435 Edwards Blvd. | Mississauga, Ontario Canada L5T 2P7 | Tel: (905) 795-1637