Credit Union Prime Rate Change

Attention all members. Effective 12July2017, the Credit Union’s prime rate will increase for the first time in 7 years by 0.25% to 3.25%. This rate increase may affect some Credit Union member’s variable loan and deposit rates. If you have any questions please do not hesitate to call our offices and speak with a lender at 416-238-5606.

There will be no change to our wonderful TFSA rates. The TFSA variable rate is still 2.15% with no minimum and without locking in your funds. If you want an even better rate of return you can choose to lock in your TFSA funds for 3 years for 3.15%. If you have any questions about TFSAs and how you can take advantage of these great rates please let us know by dropping in a branch or calling us at 416-238-5606.