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: 2019 models | 6.99%* |
6 year term: 2020-2022 models | 6.99%* |
7 year term: 2023 models | 6.99%* |
8 year term: 2024 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 | 4.99%* |
1-Year Fixed Rate | 6.99%2 |
2-Year Fixed Rate | 6.39%3 |
3-Year Fixed Rate | 5.99%4 |
5-Year Cashback Fixed Rate | 5.49%* |
6 Month | 7.29%* |
1 Year | 7.49%* |
2 Year | 7.19%* |
3 Year | 6.89%* |
4 Year | 6.49%* |
5 Year | 6.79%* |
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 | 6.99%* |
7 Years – 5% Cashback | 8.29 %* |
HELOC | from 8.20%* |
Investment Rates
30-89 Days | 0.20% |
90-179 Days | 0.25% |
180-364 Days | 0.40% |
Term Deposits
1 Year | 3.00% |
2 Year | 3.75% |
3 Year | 3.75% |
4 Year | 3.75% |
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 offers members an extended lineup of services to make everyday banking more convenient.
To view the Service Fee updates that will be implemented effective March 1, 2024, please click here.
To view our current service fees, please use the links below:
For more information about our Rates or Service Fees:
*Rates are subject to change.
1 The cashback offer is only available for applications received between March 15 and May 31, 2024 on a 5-year, fixed conventional mortgage. The core special mortgage rate is only available to new WFCU mortgage holders for applications received between March 15 and May 31, 2024. All mortgage applications are subject to additional restrictions and conditions, credit approval, and must be funded within 120 days of the application date. This offer may be changed or withdrawn at any time, without notice, and cannot be combined with any other offers.
2 The promotional rate of 6.99% per annum is for a closed, fixed, one-year term mortgage. 3 The promotional rate of 6.39% per annum is for a closed, fixed, two-year term mortgage. 4 The promotional rate of 5.99% per annum is for a closed, fixed, two-year term mortgage. All promotional mortgage rates are only available to members of an owner-occupied property. Other rates and terms are available. Rates are subject to change at any time.
Visit wfcu.ca/FinePrint for full details.