Rates

Please click on the links below to view the GHCU rates.

Loan Interest Rates

GHCU PRIME RATE  3.95%

Variable Car Loan Rates

Type Rate
New Cars 4.50%
Used Cars 5.50%

Fixed Car Loan Rates

Type Term Rate
New Cars 1 Year 5.00%
2 Year 5.75%
3 Year 6.25%
Used Cars 1 Year 6.50%
2 Year 7.50%
3 Year 8.25%

Personal Loans Variable

Type Rate
General (any purpose)
4.70-10.50%
Consolidation (variable only)
10.50%
Fully Secured by Savings 3.95%
Fully Secured Other (to be determined upon application minimum of 4.50%)
RRSP Catch Up Loan
Variable Rate- 4.50%; Fixed Rate -5%

Personal Line of Credit

Type Rate
RRSP Line of Credit
4.50% (if RRSP deposit here)
Christmas Line of Credit
5.75% September to January
Student Line of Credit 5.25%
Home Improvement LOC 4.95%
Unsecured Line of Credit 10.50%
Secured Line of Credit 7.25% – 10.25%
Unauthorized Overdrafts 19.75%

Personal Loans Fixed

Type Term Rate
General (any purpose) 1 Year 4.75 – 10.50%
2 Year 5.00 Р10.75%
3 Year 5.25- 11.00%

Residential Mortgages

Type Term Rate
First Mortgage 1 Year Closed 4.00%
2 Year Closed 4.05%
3 Year Closed 4.10%
5 Year Closed 4.15%
1 Year Open 7.25%
Second Mortgage 1 Year Closed 5.10%
2 Year Closed 5.15%
3 Year Closed 5.20%
5 Year Closed 5.25%
1 Year Open 8.35%

Flex-Line Home Equity Line of Credit

Type Rate
First Mortgage
3.95%
Second Mortgage
4.95%

 

Deposit Interest Rates

Short Term Deposits

Term $5,000 $10,000 $25,000+
30 to 89 days
0.15 0.20 0.25
90 to 179 days
0.15 0.20 0.25
180 to 364 days 0.15 0.20 0.25

RRSP, RRIF and GIC Long Term Deposits

Term $500 $10,000 $25,000 $50,000 $100,000
1 Year 3.00 3.00 3.00 3.00 3.00
2 Year 1.70 1.75 1.80 1.85 1.90
3 Year 1.80 1.85 1.90 1.95 2.00
4 Year 1.90 1.95 2.00 2.05 2.10
5Year 2.05 2.10 2.15 2.20 2.25
Interest is paid annually.

Variable Rate RRSP / RRIF Deposits

Factor Rate
Interest is paid semi-annually June and December 0.25%

Minimum Monthly Savings Account

Factor Rate
Interest is paid quarterly March, June, September, December 0.05%

Golden Age Savings Account

Factor Rate
Interest is paid quarterly March, June, September, December 0.15%

US Savings Account

Factor Rate
Interest is paid quarterly March, June, September, December 0.05%

Property Tax Savings Account

Factor Rate
Interest is paid quarterly March, June, September, December 0.05%

Chequing Account

Factor Rate
Non-interest bearing N/A

Dividend, Bonus Interest and Loan Rebates

Declared on annual basis. 2016 GHCU Paid 5%