Rates

DUCA offers its members some of the most competitive interest rates in the financial services industry.  We focus on providing value to our members and do our best to ensure our rates are as competitive as possible.

Term Deposits

All deposits are insured for up to $100,000 per account through the Deposit Insurance Corporation of Ontario. Deposits held in registered savings plans are separately insured from the deposits held in other accounts. All deposits made to RSP plans are fully insured through the Deposit Insurance Corporation of Ontario with no limit on the maximum amount.

RRSPs/RESPs/RRIFs/LIFs/TFSAs

60 - 179 days 0.50%
180 - 269 days 1.20%
270 - 364 days 1.40%
12 to less than 15 months 1.70%
15 to less than 18 months 1.70%
18 to less than 24 months 1.80%
24 to less than 30 months 1.90%
30 to less than 36 months 2.00%
3 to less than 4 years 2.20%
4 to less than 5 years 2.30%
5 to less than 7 years 2.50%
7 years 2.70%

 

Non-Redeemable Term Deposit

60 - 179 days 0.50%
180 - 269 days 1.20%
270 - 364 days 1.40%
12 to less than 15 months 1.70%
15 to less than 18 months 1.70%
18 to less than 24 months 1.80%
24 to less than 30 months 1.90%
30 to less than 36 months 2.00%
3 to less than 4 years 2.20%
4 to less than 5 years 2.30%
5 to less than 7 years 2.50%
7 years 2.70%

 

Redeemable Term Deposit

32 - 59 days 0.40%
60 - 89 days 0.40%
90 - 119 days 0.50%
120 - 179 days
0.50%
180 - 269 days
0.60%
270 - 364 days 0.60%
1 to less than 2 years
1.00%
2 to less than 3 years 1.20%
3 to less than 4 years 1.60%
4 to less than 5 years 1.80%
5 to less than 7 years 2.00%
7 years 2.20%
US$ 32 - 365 days (min. $5,000) 0.20%

Cashable Term Deposits

5 years 
1.25%

Flex Step Up Term Deposit/RRSP

3-Year Term

Year 1
1.50%
Year 2 1.90%
Year 3
3.00%
Effective Yield 2.131%

5-Year Term

Year 1 1.50%
Year 2
1.90%
Year 3
2.50%
Year 4
3.00%
Year 5
3.50%
Effective Yield 2.477%

Limited Time Preferred Deposits


$30,000 $60,000 $100,000
32 - 59 days 0.80% 0.90% 1.00%
60 - 179 days 0.90% 1.00% 1.10%
180 - 269 days 1.60% 1.60% 1.70%
270 - 364 days 1.70% 1.70% 1.80%
1 year (3) 1.90% 2.00% 2.15%
2 year (3) 2.00% 2.05%
2.25%

*DUCA More promotional rates are highlighted in orange. These are promotional rates  and cannot be combined with any other offers/promotions. See branch for details.

(1) Minimum interest paid per payment period - 75¢. All rates stated are per annum. All CDN$ term deposits, RRSPs, RRIFs, RESPs, and LRIFs have a $500 minimum. On non-redeemable term deposits, interest is paid or compounded annually.

(3) Limited Time Preferred Deposit 1 and 2 year plans are non-redeemable.

 

Savings Accounts

Tax Free Savings Account (TFSA)

High Interest TFSA Savings Account 1.80%

 

Savings Accounts

Regular Savings Account
0.20% interest paid semi-annually
Special Deposit Account 0.20% interest paid quarterly
Children's Bonus Savings Account 0.35% interest paid semi-annually
DUCA T-Bill Account 0.35% interest paid monthy
RRSP/RRIF Variable 0.25% interest paid December 31

Mortgages

Variable Rate Mortgages                                                                       APR*

Variable Rate - 3 year term (P+0.00%)
3.00%
Variable Rate - 5 year term (P+0.00%) 3.00%

Fixed Rate Closed Mortgages                                                               APR*

6 months (convertible) 4.50%
6 months (closed) 4.50%
1 year 3.25%
2 years 3.30%
3 years 3.35%
4 years 3.40%
5 years 3.60%
6 years 4.85%
7 years 4.95%
1 year (open) 5.75%

First Rate 2nd Mortgages                                                                      APR*

6 months (convertible) 4.75%
6 months (closed) 4.75%
1 year 3.50%
2 years 3.55%
3 years 3.60%
4 years 3.65%
5 years 3.85%
1 year (open) 6.00%

*Each Annual Percentage Rate is for a mortgage of $100,000 with monthly payments and a 25-year amortization. APR assumes no fee(s) apply. If we require you to obtain an appraisal, or incur any additional fee(s) it would increase your APR.  All residential mortgages are calculated half-yearly, not in advance.  

PrimeLine (LOC)

PrimeLine Line of Credit                                                                       APR*

Secured - Owner Occupied Residential Real Estate

(Prime + 0.50%)

3.50%

* APR assumes no fee(s) apply. If we require you to obtain an appraisal, or incur any additional fee(s) it would increase your APR. PrimeLine line of credits are compounded monthly. PrimeLine (LOC) secured rate applies to a first DUCA mortgage and or where the existing first mortgage is with DUCA.

Car Loans

DUCA "Go Green" Hybrid Car Loan                                                     APR*

1 year
4.45%
2 years 4.50%
3 years 4.55%
4 years 4.60%
5 years 4.80%
Variable (P+1.49%) 4.49%

New Car Loan                                                                                         APR*

1 year 4.95%
2 years 5.00%
3 years 5.05%
4 years 5.10%
5 years 5.30%
Variable (P+1.99%) 4.99%

Pre-Owned Car Loan                                                                             APR*

1 year
5.95%
2 years
6.00%
3 years
6.05%
4 years
6.10%
5 years
6.30%
Variable (P+2.99%)
5.99%

*APR assumes no fee(s) apply. If we require a PPSR, or if additional fee(s) are incurred it would increase your APR.  All car loans are monthly compounding.

 

Commercial Loan Rates

Canada Small Business Loan

1 year (closed)
6.25%
2 years
6.30%
3 years 6.35%
4 years 6.40%
5 years 6.60%
1 year (open) 6.00%

Commercial Loan

Rates starting from*

6 month (closed)
6.25%
1 year
5.00%
2 years 5.05%
3 years 5.10%
4 years 5.15%
5 years 5.35%

*Commercial Loan rates quoted represent a “starting from” position and may vary based on credit adjudication factors such as type and quality of security presented, loan to value, financial strength of the company and or related parties (if applicable) . In all cases the final rate will be set once a full credit application is undertaken and approved. Please contact us at 1-866-800 DUCA  to arrange an appointment with a commercial account manager.