Rates & Service Fees
Competitive rates are only the beginning! If you’d like to pay down your mortgage faster, or increase the growth of your investments, ECU has the products, services, and advice to make your financial goals achievable.
Looking for our Foreign Exchange Rates? You can view these rates on the WFCU Credit Union website.
| ECU Prime Rate | 8.20%* |
| Prime Rate | 7.20%* |
Auto Loans
| 4 year term: 2017 models | 6.99%* |
| 6 year term: 2018-2020 models | 6.99%* |
| 7 year term: 2021 models | 6.99%* |
| 8 year term: 2022 models and newer | 6.99%* |
Loans and Lines of Credit
| 1 Year Fixed Rate | 1% greater than the rate on the deposit |
| 1 – 5 Year Term | from 8.50% |
| Variable Rate Personal Loan | from 11.20% |
| Maximum RRSP Loan | 9.45% |
| Maximum $10,000 | 7.99% |
| CU Line – 100% Secured | 7.20% |
| CU Line – Unsecured | 9.70% |
| Student Line of Credit | 9.70% |
| CU Overdraft Protection | from 21.00%* |
| 5-Year Fixed Rate | 5.89% |
| 2-Year Fixed Rate | 6.39% |
| 5-Year Fixed Rate | 6.49% |
| 6 Month | 7.29%* |
| 1 Year | 7.49%* |
| 2 Year | 7.19%* |
| 3 Year | 6.89%* |
| 4 Year | 6.49%* |
| 5 Year | 7.29%* |
| 7 Year | 7.19%* |
| Closed | From 7.20%* |
| Open | From 8.20%* |
| 3 Years – 3% Cashback | 7.99%* |
| 4 Years – 4% Cashback | 7.59%* |
| 5 Years – 5% Cashback | 7.59%* |
| 7 Years – 5% Cashback | 8.29 %* |
| HELOC | from 8.20%* |
Deposit Specials
(RRSP, RRIF, TFSA, FHSA and GIC)-
18-Month Special - 6.05%
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1-Year Special - 5.90%
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2-Year Special - 5.75%
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3-Year Special - 5.00%
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4-Year Special - 4.50%
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5-Year Special - 4.50%
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Cashable 1 Year GIC Special - 3.25%
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Step by Step GIC/TFSA/FHSA Special - 4.00%
| 30-89 Days | 0.20% |
| 90-179 Days | 0.25% |
| 180-364 Days | 0.40% |
| 4 Months | 5.69%*** |
Term Deposits
| 1 Year | 3.00% |
| 2 Year | 3.75% |
| 3 Year | 4.00% |
| 4 Year | 4.05% |
| 5 Year | 4.15% |
| 1 Year GIC | 2.75%* |
| Step By Step GIC/TFSA | 2.75%* |
Service Fees
ECU – A Division of WFCU Credit Union continually monitors and assesses our service fees in relation to industry standards to ensure we are able to stay current with market innovations while still guaranteeing that our Members receive the best value possible.
Effective May 1, 2021, ECU – A Division of WFCU Credit Union will be implementing service fee updates. To view these changes, please use the links below:
For more information about our Rates or Service Fees:
*Rates are subject to change.
**The promotional rate of 5.74% per annum is for a closed, fixed, five-year term Core High-Ratio Mortgage. The Core High-Ratio Mortgage rate is only available to members for the purchase of an owner-occupied property, with less than 20% down payment, who are eligible for and purchase mortgage default insurance and meet other conditions. Other rates and terms are available. Rates are subject to change at any time.
***5.69% applied to an Eligible Savings Account for 120 days then the Regular Interest Rate applies. The maximum deposit amount is $1,000,000. Eligible Savings Account must be opened between October 1, 2023-November 30, 2023. The Offer and interest rates are subject to change without notice. The Offer cannot be combined with any other promotional rate offers. The Offer may be withdrawn at any time. Fees may apply. All applications are subject to approval and standard terms and conditions apply. For the complete terms and conditions that apply to this Offer, please visit wfcu.ca/FinePrint.
