| Foreign Exchange Rates | Buy Rate | Sell Rate |
|---|---|---|
| United States (Dollar) | 1.3988 | 1.3457 |
HMECU Rates
Rates compounded annually. Rates are subject to change without notice. In the event of a discrepancy, rates posted in branches will prevail.
| EVERYDAY OR BUSINESS SAVINGS | Rate |
|---|---|
| Everday or Business Savings |
0.05
|
| INVESTOR SAVINGS | Rate |
|---|---|
| Investor Savings - Less than $2,500 |
0.25
|
| Investor Savings - $2,500 or Greater |
0.45
|
| EPAYDAY SAVINGS | Rate |
|---|---|
| ePayday Savings |
0.05
|
| TFSA VARIABLE | Rate |
|---|---|
| TFSA Variable |
0.45
|
| FHSA VARIABLE | Rate |
|---|---|
| FHSA Savings |
4.00
|
| RRSP/RRIF VARIABLE | Rate |
|---|---|
| RRSP/RRIF Variable - Less than $2,500 |
0.25
|
| RRSP/RRIF Variable - $2,500 or Greater |
0.45
|
| USD SAVINGS | Rate |
|---|---|
| USD Savings - $2,500 or Greater |
0.10
|
Rates compounded annually. Rates are subject to change without notice. In the event of a discrepancy, rates posted in branches will prevail.
SHORT TERM RATES | Rate |
|---|---|
| Under 30 Days | 0.25 |
| 30-59 Days | 1.10 |
| 60-89 Days | 1.25 |
| 90-179 Days | 1.35 |
| 180-269 Days | 1.45 |
| 270-364 Days | 1.55 |
| Elite GIC Rate Special | Rate |
| 18 Month | 3.25 |
| LONG TERM RATES | Rate |
|---|---|
| 1 Year | 2.60 |
| 2 Year | 2.80 |
| 3 Year | 3.00 |
| 4 Year | 3.20 |
| 5 Year | 3.40 |
| USD Term Rate | Rate |
|---|---|
| 1 Year | 2.00 |
| Rate Riser Special | Rate |
|---|---|
| 1 Year | 3.20 |
| 2 Year | 3.40 |
| 3 Year | 3.60 |
| 4 Year | 3.80 |
| 5 Year | 4.00 |
*Annual Effective Rate 3.60% *Redeemable in full or partial withdrawal once each year on the investment anniversary date. |
| Flex N Grow Savings GIC/TFSA | Rate |
|---|---|
| < 30 Days | 0.25 |
| 30 - 89 Days | 1.30 |
| 90 - 269 Days | 2.00 |
| 270 - 365 Days | 3.00 |
| * Redeemable/Cashable in whole or partially after 30 days with interest reimbursement. *Annual Effective Rate 2.00% |
| FIXED RATE MORTGAGES | Posted Rate |
Special Rate |
|
|---|---|---|---|
| 1 Year Open |
|
9.50
|
|
| 1 Year Fixed |
|
7.09
|
5.99 |
| 2 Year Fixed |
|
6.69
|
|
| 3 Year Fixed |
|
6.49
|
4.64 |
| 4 Year Fixed |
|
6.09
|
|
| 5 Year Fixed |
|
6.09
|
4.59
|
| Mortgage Specials | Posted Rate |
Special Rate |
|
|---|---|---|---|
| 3 Year Fixed High Ratio |
|
6.49
|
4.19
|
| 5 Year Fixed High Ratio |
6.09
|
4.09
|
*Must be CMHC or Sagen Insured
| PRIME RATE | Rate |
|---|---|
| HMECU Prime Rate |
6.75
|
| Merit Line Prime Rate | 5.90 |
| Overdraft Line of Credit Prime Rate |
18.00
|
| eGIC Rates | Rate |
| 1 Year | 2.70 |
| 2 Year | 2.90 |
| 3 Year | 3.10 |
| 4 Year | 3.30 |
| 5 Year | 3.50 |
| Elite GIC Rate Special | Rate |
| 18 Months | 3.25 |
Digital GICs are products which offer a competitive rate, and are only offered to members that use Internet Banking. Once a member is signed into Internet Banking, they can open an eGIC by using the Open Account functionality.
*Rates are subject to change without notice. In the event of a discrepancy, rates posted in branches will prevail.
Get in touch
© 2025 Healthcare & Municipal Employees’ Credit Union. All rights reserved.