PRIME RATE: 4.30%
EFFECTIVE DATE:
January 20, 2012



Personal Loan Rates
Personal Loans From
6.30%
Line of Credit - Variable
6.30%
Lines of Credit ( Overdraft Protection )
6.30%
Meritline - Super Member
4.30%
Meritline - Others
4.80%
Variable rate mortgage
4.30%
Variable 5 Year Closed Mortgage
3.10%


Open Term Mortgage Rates
   
HMECU Everyday
Best Rate
Open 6 months
  
5.70%
Open one year  
5.70%
6 months - convertible  
4.45%


Closed Term Mortgage Rates
   
HMECU Everyday
Best Rate
I year  
3.29%
2 year  
3.69%
3 year  
3.79%
4 year  
3.84%
5 year  
3.89%

Long Term GIC & RRSP/RRIF
   
HMECU Everyday
Best Rate
1 Year  
1.00%
2 Year  
1.30%
3 Year  
1.40%
4 Year  
1.60%
5 Year  
1.85%


Short Term GIC - (Minimum $2500)
   
HMECU Everyday
Best Rate
30-59 days  
0.50%
60-89 days  
0.50%
90-179 days  
0.50%
180-269 days  
0.75%
270-364 days  
0.75%
5 Year - Non Callable  


Deposit Specials
18 Months (limited time)
1.15%
Rate Riser - 5 Year Term
1 Year
1.25%
2 Year
1.75%
3 Year
2.25%
4 Year
2.75%
5Year
3.25%


Variable Rate Savings Accounts
Investor Savings Account
$2500 or more
0.75%
Under $2500
0.10%
   
Daily Interest Savings
0.10%
Life Savings
0.00%
Special Deposit
0.10%
Advantage 60
0.10%
   
RRSP/RRIF Variable  
$2500 or more
0.25%
Under $2500
0.10%
   
Chequing
0.00%
FAT CAT® Kids Savings
0.25%
   
US Savings
 
$2500 or more
0.10%
Under $2500
0.00%


U.S. Exchange
 
Member Buying
Member Selling
Rates effective: February 3, 2012
USD - Cash  
1.0247
.9787
USD - Travellers Cheques    
1.0207
N/A
USD - Other US Cheques       
N/A
.9787

Exchange rates are subject to change without notice. In the event of a discrepancy between these rates and the official rates posted in our office, the latter shall prevail.
 

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* Some Conditions apply. Ask for details.
* all rates are subject to change without notice.