Lending Rates
| Fastrack 1 Year RRSP Loan | ||
|---|---|---|
| 1 year repayment | Ask lender | |
| Up to 10 year repayment | ||
|---|---|---|
| Up to 10 year repayment | Ask Lender | |
| Prime | ||
|---|---|---|
| Prime Rate | 3.00% | Effective Sep. 08, 2010 |
| Credit Master Rate (CMR) | 3.7% | Effective April 4, 2012 |
| Consumer Loans – Secured | ||
|---|---|---|
| Fixed Rate | 6%-12% | Effective April 7, 2011 |
| Variable Rate | Prime +3-6% | Effective June 30, 2011 |
| Loans >$5,000-Funds on Deposit Security | CUBC Prime Lending Rate plus 1/2 of 1% | Effective April 4, 2012 |
| Consumer Loans – Unsecured | ||
|---|---|---|
| Fixed Rate | 8-14% | Effective Dec. 01, 2009 |
| Variable Rate | Prime +5-11% | Effective Dec. 01, 2009 |
| Loans <$5,000 Fixed Rate | 16% | Effective April 4, 2012 |
| Mortgage – Closed | ||
|---|---|---|
| 6 Month | 4.45% | Effective June 30, 2011 |
| 1 Year | 3.30% | Effective Sep. 16, 2010 |
| 2 Year | 3.55% | Effective Sep. 16, 2010 |
| 3 Year | 3.35% | Effective Mar 01, 2013 Limited Time Offer |
| 4 Year | 3.45% | Effective Mar 01, 2013 Limited Time Offer |
| 5 Year | 3.55% | Effective Mar 01, 2013 Limited Time Offer |
| 7 Year | 6.40% | Effective Sep. 16. 2010 |
| Mortgage – Open | ||
|---|---|---|
| 6 Month | 6.30% | Effective Sep. 16, 2010 |
| 1 Year | 6.30% | Effective Sep. 16, 2010 |
| 3 Year | CMR +0% | Effective Date Apr 4, 2012 3.7% Time Limited Offer |
| Variable Capped Mortgage | ||
|---|---|---|
| 5 Year Capped Rate | Effective Rate: 4.5% Capped Rate 6.5% | Effective June 30, 2011 |
| Second Mortgage | ||
|---|---|---|
| 1 Year Closed | 1 yr closed + 2% Up | Effective April 7, 2011 |
| Unsecured Lines of Credit | ||
|---|---|---|
| Fixed Rate | 4% - 11% | Effective April 4, 2012 |
| Fixed Rate < $5,000 | n/a | Effective April 4, 2012 |
| Variable Rate | Prime + 3-8% | Effective April 4, 2012 |
| Variable Rate < $5,000 | Prime + 12% | Effective April 4, 2012 |
| Temporary Overdraft | 21% | Effective April 4, 2012 |