Rates
The following are our rates as of May 18, 2012.
Rates are subject to change without notice.
Deposit Rates
Chequing and Savings Accounts
| Savings | up to $1,999.99 | 0.00% |
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| $2,000.00 and over | 0.25% |
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| Youth Savings | | 0.25% |
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| Chequing | | 0.00% |
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GIC's and Term Deposits
| $2000 min. | $50,000 min. | $75,000 min. |
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| 1 Year GIC |
1.10% |
1.20% |
1.30% |
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| 2 Year GIC |
1.25% |
1.35% |
1.45% |
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| 3 Year GIC |
1.85% |
1.95% |
2.05% |
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| 4 Year GIC |
2.00% |
2.10% |
2.20% |
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| 5 Year GIC |
2.10% |
2.20% |
2.30% |
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| Term Deposits (30-180 days) | $2000 min. | 0.40% |
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| $10,000 min. | 0.50% |
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| $50,000 min. | 0.65% |
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| Jr. Firefighter (90 days) | $100–$5000 | 2.00% |
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Tax-Free Savings Certificates
| 1-Year | $2000 min. | 1.10% |
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| 2-Year | $2000 min. | 1.25% |
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| 3-Year | $2000 min. | 1.85% |
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| 4-Year | $2000 min. | 2.00% |
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| 5-Year | $2000 min. | 2.10% |
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| Variable | | 0.90% |
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Registered GIC's RRSP/RRIF
| $2000 min. | $50,000 min. | $75,000 min. |
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| 1 Year |
1.10% |
1.20% |
1.30% |
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| 2 Year |
1.25% |
1.35% |
1.45% |
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| 3 Year |
1.85% |
1.95% |
2.05% |
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| 4 Year |
2.00% |
2.10% |
2.20% |
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| 5 Year |
2.10% |
2.20% |
2.30% |
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Variable RSP
| Under $5000 | 0.40% |
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| $5000–$10,000 | 0.55% |
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| Over $10,000 | 0.75% |
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Variable RIF
Any amount—0.75%
5-Year Step-Up
Available for Registered and Non-Registered Investments. Minimum $2000.
| Year 1 | 1.00% |
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| Year 2 | 1.30% |
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| Year 3 | 2.25% |
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| Year 4 | 3.00% |
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| Year 5 | 4.00% |
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| Average Yield | 2.31% |
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3-Year Step-Up
Available for Registered and Non-Registered Investments. Minimum $2000.
| Year 1 | 1.00% |
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| Year 2 | 1.30% |
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| Year 3 | 3.00% |
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| Average Yield | 1.77% |
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Lending Rates
| FSCU Prime Rate | 3.0% |
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| Overdraft Protection | 15.20% |
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| Unauthorized Overdraft | 17.20% |
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Lines of Credit
| Secured rate | from 4.20% |
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| Preferred rate | from 6.50% |
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| Unsecured rate | from 6.95% |
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| RRSP LOC | 3.00%* |
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Equity Lines of Credit
| 1st mtg | Max 80% LTV | from 3.75% (FSCU Prime plus 0.75%) |
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| 2nd mtg | Max 80% LTV | from 4.25% (FSCU Prime plus 1.25%) |
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Personal Loans, Variable Rate
| New/Used Car | from 5.99% |
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| Personal | from 8.95% |
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| Investment | from 5.00% |
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| Recreational Vehicle | from 7.15% |
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Mortgages
Open
| 6-Month Open | 6.70% |
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| 1-Year Open | 6.30% |
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| 5-Year Variable-Rate Open | from 3.75% |
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Closed
| 6-Month Closed | 4.45% |
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| 1-Year Closed |
3.50% |
Special 3.10%* |
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| 2-Year Closed |
3.55% |
Special 3.20%* |
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| 3-Year Closed |
3.95% |
Special 3.10%* |
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| 4-Year Closed |
4.64% |
Special 3.15%* |
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| 5-Year Closed |
5.24% |
Special 3.25%* |
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| 5-Year Variable-Rate Closed | 3.00% * |
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| 5-Year V.R. Closed Capped | 3.25% * |
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| Current Capped Rate | 5.24% |
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| Collateral Mortgage | from 9.70% | (discontinued) |
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* Conditions apply, contact a lending officer for details.
Charlene