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.

At ECU, your deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA) for up to $250,000 for unregistered accounts, and unlimited deposits for registered accounts. Learn more about deposit insurance.

Looking for our Foreign Exchange Rates?  You can view these rates on the WFCU Credit Union website.

ECU Prime Rates

Prime Rate6.95%*

Loan Rates

4 year term: 2017 models6.49%*
6 year term: 2018-2020 models6.49%*
7 year term: 2021 models6.49%*
8 year term: 2022 models and newer6.49%*


5 Year Fixed Rate5.24%**
5 Year Fixed Rate5.39%†
6 Month4.99%*
1 Year4.99%*
2 Year5.09%*
3 Year5.14%*
4 Year5.19%*
5 Year5.89%*
7 Year5.99%*
OpenFrom 6.95%*
ClosedFrom 5.95%*
3 Years – 3% Cashback6.24%*
4 Years – 4% Cashback6.29%*
5 Years – 5% Cashback5.99%*
7 Years – 5% Cashback7.09%*
Home Equity Line of Creditfrom 6.95%*

Short Term Deposits

30-89 Days0.20%
90-179 Days0.25%
180-364 Days0.40%

Term Deposits

1 Year 2.00%
2 Year 2.75%
3 Year 3.00%
4 Year 3.25%
5 Year 3.50%

Cashable GICs

1 Year GIC0.50%*

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:

  1. General Service Fee Changes
  2. Commercial Service fee Changes
  3. Mortgage & Loan Service Fee Changes

For more information about our Rates or Service Fees:

*Rates are subject to change.
**High Ratio Mortgages (mortgages that are high ratio insured) that have a fixed 5-year term are offered at a promotional rate of 5.24% per annum and Conventional mortgages that have a fixed 5-year term are offered at a promotional rate of 5.39% per annum.
†The Annual Percentage Rate (APR) of 5.39% is for an owner-occupied, closed, fixed, five-year term mortgage with a 25-year amortization. APR assumes no fee(s) apply. Rate subject to change without notice. Terms and conditions apply.