PRIME RATE: 4.10%
EFFECTIVE DATE:
July 21, 2010



Personal Loan Rates
Personal Loans From
6.10%
Line of Credit - Variable
6.10%
Lines of Credit ( Overdraft Protection )
6.10%
Meritline - Super Member
4.10%
Meritline - Others
4.60%
Variable rate mortgage
4.10%


Open Term Mortgage Rates
 
Market Rate
HMECU Everyday
Best Rate
Open 6 months
6.70%
5.70%
Open one year
6.70%
5.70%
6 months - convertible
4.75%
4.60%


Closed Term Mortgage Rates
 
Market Rate
HMECU Everyday
Best Rate
I year
3.50%
3.00%
2 year
3.85%
3.49%
3 year
4.50%
3.79%
4 year
5.44%
4.15%
5 year
5.79%
4.29%

Long Term GIC & RRSP/RRIF
 
Market Rate
HMECU Everyday
Best Rate
1 Year
0.75%
1.25%
2 Year
1.50%
2.00%
3 Year
1.55%
2.50%
4 Year
1.70%
2.75%
5 Year
2.10%
3.25%


Short Term GIC - (Minimum $2500)
 
Market Rate
HMECU Everyday
Best Rate
30-59 days
0.20%
0.65%
60-89 days
0.20%
0.65%
90-179 days
0.20%
0.65%
180-269 days
0.25%
0.75%
270-364 days
0.30%
0.75%
5 Year - Non Callable


Deposit Specials
18 Months (limited time)
1.50%
Rate Riser - 5 Year Term
1 Year
1.50%
2 Year
2.00%
3 Year
2.50%
4 Year
3.00%
5Year
3.50%


Variable Rate Savings Accounts
Investor Savings Account
$2500 or more
0.80%
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
0.40%
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: July 30 , 2010
USD - Cash  
1.0596
1.0056
USD - Travellers Cheques    
1.0619
N/A
USD - Other US Cheques       
N/A
1.0056

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.