UCU Prime Rate
| UCU Prime Rate (“UCU Prime”)1 | 5.60% |
|---|
Savings Accounts
Chequing Accounts
Mortgages, Loans, and Lines of Credit
1-Year (Closed) 6.59% 2-Year (Closed) 6.39% 3-Year (Closed) 5.99% 4-Year (Closed) 5.99% 5-Year (Closed) 6.20% Best of Both Worlds (Capped Rate) 5.99% 6-Month (Open) 8.99% 6-Month (Convertible) 7.99% 1-Year (Convertible) 9.99%
For details, please contact ucubiz@ukrainiancu.com
Student Loans (starting at) UCU Prime RRSP Loans (starting at) UCU Prime
Debt Consolidation (starting at) UCU Prime + 3.50% Home Renovation (starting at) UCU Prime + 2.00% New Car7 (starting at) UCU Prime + 1.00% Used Car8 (starting at) UCU Prime + 2.50% Medical/Dental/Health (starting at) UCU Prime + 2.00% Vacation (starting at) UCU Prime + 2.00% Wedding (starting at) UCU Prime + 2.00% Recreational Vehicle9 (starting at) UCU Prime + 2.00% Other (starting at) UCU Prime + 2.00%
Personal Line of Credit Unsecured (starting at) UCU Prime + 3.00% Personal Line of Credit Secured (starting at) UCU Prime + 1.00%
Personal Overdraft Protection 18.75% ucublu Overdraft Protection 17.90% ucubiz Overdraft Protection 13.50%
Term Deposits and GICs
6 Months (new & existing funds) 2.75% 17 Months (new money only) 3.55% 18 Months (renewals only) 3.15% RRSP/TFSA (new money only, maturity date is April 30, 2025) 4.65%
6 Months
(new & existing funds/renewals)2.75% 1 Year 3.10% 2 Year 3.00% 3 Year 3.00% 4 Year 3.05% 5 Year 3.15%
6 Months (new & existing funds) 3.20% 1 Year (new & existing funds) 3.60% 2 Year (new & existing funds) 3.75% 3 Year (new & existing funds) 3.40%
Registered Plans (RRSP / RRIF / TFSA / RESP / FHSA)
6 Months (new & existing funds) 2.75% 17 Months (new money only) 3.55% 18 Months (renewals only) 3.15% RRSP/TFSA (new money only, maturity date is April 30, 2025) 4.65%
6 Months
(new & existing funds/renewals)2.75% 1 Year 3.10% 2 Year 3.00% 3 Year 3.00% 4 Year 3.05% 5 Year 3.15%
01“UCU Prime” is also referred to in UCU’s mortgage documentation as the “Basic Mortgage Rate.”
02The High Interest Savings Account (HISA) rate applies to a maximum deposit of $750,000.00 per member. Interest on High Interest Savings Accounts is calculated each day by multiplying the interest rate applicable to the account by the daily closing balance (as at 11:30 p.m. Eastern Time) and paid monthly in the currency of the account on the last day of the month or the following business day.
03Only one interest rate applies to the daily closing balance (as at 11:30 p.m. Eastern Time) based on the applicable tier. Interest will be calculated each day by multiplying such daily closing balance by the interest rate for the tier to which such daily closing balance corresponds.
04These mortgage rates are only available for new first priority mortgages on already built, owner-occupied properties with amortization periods of 25 years or less and are subject to meeting UCU’s credit granting criteria.
05Special rates are discounts off of posted rates and available for select members who qualify.
06This mortgage rate is only available to members with less than 20% down payment, purchasing a residential property valued at under $1,000,000, who are eligible for and purchase mortgage default insurance and meet other conditions.
07A new car is a passenger vehicle not older than the current model year for brand new vehicles minus two (2) prior model years.
08A used car is a passenger vehicle older than the current model year for brand new vehicles minus two (2) prior model years.
09A recreational vehicle is a non-commercial vehicle which is an R.V., camping trailer, snowmobile, or personal watercraft (but not a boat or other marine vessel)
10Rate applies only if the deposit to which the rate applies has been on deposit for more than 90 days, otherwise the rate is 0.00%.
11Rates applicable to “new money” deposits are limited to money deposited from another financial institution to make a qualifying deposit.