Rates

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

Loan Interest Rates

GHCU PRIME RATE  3.45%

Variable Car Loan Rates

Type Rate
New Cars 4.00%
Used Cars 5.00%

Fixed Car Loan Rates

Type Term Rate
New Cars 1 Year 4.50%
2 Year 5.25%
3 Year 5.75%
Used Cars 1 Year 6.00%
2 Year 7.00%
3 Year 7.75%

Personal Loans Variable

Type Rate
General (any purpose)
4.45-10.45%
Consolidation (variable only)
10.95%
Fully Secured by Savings 3.45%
Fully Secured Other (to be determined upon application minimum of 4.45%)
RRSP Catch Up Loan
Variable Rate- 4.00%; Fixed Rate 4.50%

Personal Line of Credit

Type Rate
RRSP Line of Credit
4.00% (if RRSP deposit here)
Christmas Line of Credit
5.25% September to January
Student Line of Credit 4.75%
Home Improvement LOC 4.45%
Unsecured Line of Credit 10.45%
Secured Line of Credit 3.95–10.45%
Unauthorized Overdrafts 19.75%

Personal Loans Fixed

Type Term Rate
General (any purpose) 1 Year 4.20-10.45%
2 Year 4.45-10.45%
3 Year 5.70-11.20%

Residential Mortgages

Type Term Rate
First Mortgage 1 Year Closed 3.55%
2 Year Closed 3.60%
3 Year Closed 2.89%*
5 Year Closed 2.99%*
1 Year Open 7.00%
Second Mortgage 1 Year Closed 4.55%
2 Year Closed 4.60%
3 Year Closed 4.70%
5 Year Closed 4.90%
1 Year Open 8.00%

*The 3 and 5 year Special Rate  is for NEW and RENEWING  first mortgages. This is a limited time offer that can be discontinued at any time at the discretion of GHCU Management. 

Flex-Line Home Equity Line of Credit

Type Rate
First Mortgage
3.45%
Second Mortgage
4.45%

 

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, TFSA and GIC Long Term Deposits

Term $500 $10,000 $25,000 $50,000 $100,000
1 Year 1.05 1.10 1.15 1.20 1.25
2 Year 1.15 1.20 1.25 1.30 1.35
3 Year 1.25 1.30 1.35 1.40 1.50
4 Year 1.50 1.60 1.65 1.70 1.75
5Year 1.65 1.70 1.75 1.80 1.85
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

2019 Loan Rebate 3% and Interest Bonus 2%