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Rates

Rates are subject to change without notice. Interest rates published online are considered to be our base rates. Rate information is updated frequently. For more information about Superior Credit Union’s interest rates, please call any location or call toll-free 1-877-202-5722.

Currency Rate Conversion **

Canadian Dollar to U.S. Dollar - Rate 1.0273
$100.00 USD will cost you 102.73 CDN

U.S. Dollar to Canadian Dollar - Rate 0.9854
$100.00 USD we will give you $98.54 CDN

**Exchange rates effective May 9, 2008. Rates may change throughout the day. 

US currency exchanges may only be made in branch.
 

Savings & Chequing Account Rates

 Premium Daily Interest Savings   0.15%
 U.S. Savings   0.10%
 Daily Interest Savings   0.05%
 Tiered PCA (Type 1) $0 - $999.99   0.00%
 $1,000 - $2,999.99   0.00%
 $3,000 - $4,999.99   0.05%
 $5,000 and over  0.10%

Term Deposits - Short Term

 30 to 59 days   1.50%
 60 to 89 days  1.60%
 90 to 179 days   1.65%
 180 to 265 days   1.70%
 279 to 364 days   1.80%

Long Term Investments
Registered and Non-Registered Term Deposits

No early withdrawl, interest rate quoted is an annual rate, interest is paid annually

 1 Year  2.05%
 2 Year  2.15%
 3 Year  2.40%
4 Year   2.60%
 5 Year  2.80%

Cashable Term Deposits
Non-Registered Only

Cashable prior to maturity with no penalty

 1 Year  1.80%
 2 Year  1.80%
 3 Year  1.80%
 4 Year  1.80%
 5 Year  1.80%

Loan Rates

Starting as low as 5.75%
Current Prime Lending Rate = 4.75%
 

New Vehicle Loan Special*  7.00% Fixed up to 5 yr Term
Used Vehicle Loan Special*   8.00% Fixed up to 5yr Term 
Computer Loan Special*  7.00% Fixed 
Fully Secured Loan   Prime + 1% 
Student LOC   Prime + 1% 
Overdraft Protection  14.90% 
  
  *Some restrictions may apply

Mortgages

WYSIWYG - What You See is What You Get

No hassle or negotiating - walk into the branch and get our lowest rate. 

Term

Rate

 

1 year open 

Prime + 1%

 

1 year closed 

 5.60%

 

2 year closed  

 5.60%

 

3 year closed  

  5.60%

 

4 year closed  

 5.90%

 

5 year closed  

 5.90%

 

No Strings Mortgage OR Refinancing

Receive a great interest rate on your mortgage and also get a $300 deposit to your RRSP for every year of the mortgage term you select.  Or if you are bringing your mortgage to us from another financial institution, you can choose to have us cover up to $1,000 of any legal costs you incur.

Term

   Rate 

1 year open 

Prime + 1%

 

1 year closed 

 5.80%

 

2 year closed  

 5.80%

 

3 year closed  

  5.80%

 

4 year closed  

 6.10%

 

5 year closed  

 6.10%

 

 


*Rates effective April 24th, 2008