What's New?

Spring  2018 Newsletter.

2018 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!.

more  

Interest Rates as of:
August 2, 2018

OECU Prime Rate:
3.70%
 

 


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 2.20  
TFSA Variable monthly 1.00  

 

Term Deposits

 

Paid

Rate

Short Term (min. $500)    
30 to 59 days maturity 0.250
60 to 89 days maturity 0.350
90 to 179 days maturity 0.500
180 to 364 days maturity 0.600
Long Term (min. $500)    
1 year maturity 1.200
2 year maturity 1.350
3 year maturity 1.450
4 year maturity 1.600
5 year maturity 1.800
RRSP / RRIF / TFSA    
1 year maturity 1.200
15 to 21 months maturity 1.300
2 year maturity 1.350
3 year maturity 1.450
4 year maturity 1.600
5 year maturity 1.800
RRSP / RRIF Monthly $10,000 - $20,000 0.500
  $20,000 - $40,000 0.675
  $40,000+ 0.875
RRSP & RRIF Variable Rate Deposit   0.200

 

Mortgage Loans

  6 mo. 1 year 2 year 3 year 4 year 5 year
Fixed Rate - Open 7.000 7.000 7.000      
Fixed Rate - Closed 4.400 3.490 3.740 4.300 4.890 5.340
Variable Rate As low as
3.700
         
Meritline As low as 3.700%

 

Personal Loans

Variable Loan As low as:
6.700
Personal Line of Credit As low as:
6.700

 

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

New Vehicles from: 6.950
Used Vehicles from: 8.700

 

OECU Prime Rate
3.700%

 

 

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

Top of Page

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