Ding Free Day 21 June, 2017

From BC to Newfoundland, credit union members have access to over 4400 surcharge-free ATMs. Added up, that’s a bigger ATM network than most banks. And it’s all ding free®.

Leave ATM surcharges behind you.

We’ve all been dinged by surcharge fees at an ATM that wasn’t our own. But as a member of the Energy CU, you don’t have to rely on our ATMs to keep from getting dinged ever again. In fact, you’re part of one of the largest surcharge-free ATM networks in the country.

Any credit union ATM is your credit union ATM.

Belonging to a national ATM network means you can bank ding free from sea to sea, with access to a national network of surcharge-free ATMs – a network bigger than most banks. Just look for a ding free sign on your ATM, and say goodbye to those pesky surcharge fees.

Get the ding free locator app today.

Available for iPhone, Android, Windows and Blackberry devices, the ding free® locator app can help you find the nearest surcharge-free ATM – wherever you are. To get yours for free, visit ding-free.ca

Canada’s Anti Spam Legislation (CASL)

Hey Members! We need your help! Express your consent to allow the Energy CU to send you electronic messages from time to time.

The Canadian Anti-Spam Law (CASL) went into effect July 1, 2014. It is in place to protect Canadians while ensuring that businesses can continue to compete in the global marketplace. On July 1, 2017 the third phase of CASL comes into effect. From time to time Energy CU staff may contact our members via email or other electronic means in order to serve them more efficiently. If at any time you would prefer not to receive electronic messages from The Energy Credit Union Limited, please contact us by email or phone 416-238-5606.

You can give your consent online here.

500 Commissioners Closure – March 28 2017 at 12pm

Please be advised that our branch at 500 Commissioners Street will be closed on Tuesday March 28 2017 at 12pm due to a Toronto Hydro maintenance replacement project that will require access to our branch during regular business hours.  For the safety of our members, we will be unable to be open to serve you during these hours.  We will resume regular business hours on Wednesday March 29 2017.

Members can make deposits and withdrawals through our ATM Machine, which will continue to be functional during these days; and can perform other financial transactions through Online Banking (www.theenergycu.com) and Telephone Banking (416-465-8251).

If you require any other service, feel free to contact our office at 416-238-5606 and we can assist you.  Our Loan Department will still be available during this time, and can be reached at the number above.

Thank you for your understanding.

500 Commissioners Closure – March 23 2017 at 12pm

Please be advised that our branch at 500 Commissioners Street will be closed on Thursday March 23 2017 at 12pm due to a Toronto Hydro maintenance replacement project that will require access to our branch during regular business hours.  For the safety of our members, we will be unable to be open to serve you during these hours.  We will resume regular business hours on Friday March 24 2017.

Members can make deposits and withdrawals through our ATM Machine, which will continue to be functional during these days; and can perform other financial transactions through Online Banking (www.theenergycu.com) and Telephone Banking (416-465-8251).

If you require any other service, feel free to contact our office at 416-238-5606 and we can assist you.  Our Loan Department will still be available during this time, and can be reached at the number above.

Thank you for your understanding.

Christmas Holiday Hours

Please be advised that our branches will be operating on a holiday schedule during this holiday season. Please keep in mind that the telephone teller and our CyberBanker will be available 24/7. Please make sure your account has been activated with these free services and you will be able to access your accounts from the comfort of home at any hour of the night or day!

Southlake Branch

  • December 23 8:00-4:00
  • December 26+ 27 Closed
  • December 28-30 8:00-4:00
  • January 2 Closed
  • January 3 8:00-4:00

Service Centre Branch

  • December 23 8:30-3:00
  • December 26 + 27 Closed
  • December 28 8:30-4:00
  • December 29-30 8:30-3:00
  • January 2 Closed
  • January 3 8:30-3:00

Head Office Branch

  • December 23 8:30-3:00
  • December 26+ 27 Closed
  • December 28-30 8:30-3:00
  • January 2 Closed
  • January 3 8:30-3:00

Gerdau Branch

  • December 27 Closed
  • December 29 Closed
  • January 3 12pm-4:30pm

Happy Thanksgiving!

The Energy Credit Union
will be closed on
Monday October 10, 2016
We will reopen again on
Tuesday October 11, 2016

For your convenience CyberBanker www.theenergycu.com
and the Telephone Teller: 416-465-8251 are available 24/7.

Planning a trip soon?

Let Us Know Your Plans Before You Leave!

Avoid card interruptions while traveling by letting us know your travel dates prior to your trip by calling 416-238-5606 Our fraud detection system looks for unusual or suspicious transactions that fall outside your normal pattern of card usage. If you let us know you’re traveling, we will know it’s you using your card and not someone else. Safe and happy travels!

Christmas Holiday Hours

Please be advised that our branches will be operating on a holiday schedule during this holiday season. Please keep in mind that the telephone teller and our CyberBanker will be available 24/7. Please make sure your account has been activated with these free services and you will be able to access your accounts from the comfort of home at any hour of the night or day!

Southlake Branch

  • December 24 8:00-12:00
  • December 25 Closed
  • December 28 Closed
  • December 29 8:00-4:00
  • December 30 8:00- 4:00
  • December 31 8:00-12:00
  • January 1 Closed
  • January 4 8:00-4:00

Service Centre Branch

  • December 24 8:30-12:00
  • December 25 Closed
  • December 28 Closed
  • December 29 8:30-3:00
  • December 30 8:30- 4:00
  • December 31 8:30-12:00
  • January 1 Closed
  • January 4 8:30-3:00

Head Office Branch

  • December 24 8:30-12:00
  • December 25 Closed
  • December 28 Closed
  • December 29-30 8:30-3:00
  • December 31 8:30-12:00
  • January 1 Closed
  • January 4 8:30-3:00

Gerdau Branch

  • December 24 Closed
  • December 29 3pm-4:30pm
  • December 31 Closed

Energy CU TFSA changes on the horizon, Act Now!

Take this opportunity to top up your TFSA deposit at the Energy CU. All deposits made to the Energy CU TFSA on or before 31 December 2015, will continue to earn our unbeatable 3.15% Variable* Rate.

Effective 1 January 2016, the TFSA Variable* rate will be 2.15% on new deposits. All new money deposited into a TFSA Variable* starting January 1st 2016 will earn 2.15%. Your existing TFSA Variable* on deposits made prior to 1 January 2016 will be grandfathered in the new year at 3.15% Variable* and you will still have access to these funds at any time, they are not locked in.

TECU TFSA Deposits made on or before 31 December 2015

  • All Variable* TFSA funds deposited before 31 December 2015 will continue to earn 3.15%, compounded daily, paid monthly.
  • All Variable* TFSA funds deposited before 31 December 2015 do not have to be locked in to earn that rate. You will be able to withdraw any of the grandfathered TFSA funds to use as you wish.
  • Any withdrawals made from grandfathered TFSA funds will count toward your total TFSA contribution room and you will be able to put funds back into your TFSA but you will earn the new TFSA Variable* rate of 2.15%.

TECU TFSA Deposits made on or after 1 January 2016

  • All Fixed TFSA funds locked into a 3 year term after 1 January 2016 will earn 3.15% – Minimum Deposit of $500.00.
  • All Variable* TFSA funds deposited after 1 January 2016 will earn 2.15%, You do not have to lock in funds, no minimum deposit.

You can still make your TFSA deposits in a variety of ways. You can choose to make your contribution as one lump sum. You can have an automatic deposit made to your TFSA from your payroll or account on a regular basis. You can also transfer your TFSA funds to the Energy CU from another institution. Please touch base with a TECU staff member to see how easy it can be to earn 3.15%.  If you have any questions about how you can maximize the rate you are receiving for your TFSA please do not hesitate to contact our offices at 416-238-5606.

 

*Subject to change at the discretion of The Board of Directors, not geared to the Credit Union’s Prime Rate.

Do Black Friday the Energy CU way

Black Friday is usually celebrated on the fourth Friday of November. It is said that the event gets its name due to the fact that retailers traditionally operated at a financial loss (“in the red”) from January through November, and “Black Friday” indicates the point at which retailers begin to turn a profit, or are “in the black”. When you are a member of the Energy Credit Union, you will find that you are a part of something different. We’d like you to spend all your Fridays “in the black”. So, with everyone buzzing about Black Friday, why not do Black Friday the Energy way? Get your accounts from red to black! Why not take a moment to take our Money Maintenance Check to see if there are any things you can do to get yourself out of the red and into the black. Maybe you need to consolidate those high interest Credit Cards. Perhaps there is a big purchase on your horizon and you’d like to start tucking some cash away each payday. For those of you who are able to do this small step this year, maybe you can take advantage of next year’s Black Friday sales and pay in cash! Get that RRSP line of credit so you can start taking advantage of those tax shelters that you have been missing out on. Call our offices today at 416-238-5606 and we can get you on the path to your own personal Black Friday!