Tools & Services
Rates Summary
Effective: March 31, 2020
To view rates, click on the headings below.
Lending Rates
| Prime Lending Rate | 2.45% |
Personal Loans, Commercial Mortgages and Commercial Loans |
Residential First Mortgage Rates
| Term | Closed | Open | |
|---|---|---|---|
| 6 Month | 3.29% | Call for details | 7.45% |
| 1 Year | 3.29% | Call for details | 7.45% |
| 2 Year | 3.54% | Call for details | N/A |
| 3 Year | 4.05% | Call for details | N/A |
| 4 Year | 4.64% | Call for details | N/A |
| 5 Year | 5.04% | Call for details | N/A |
| 7 Year | 5.55% | Call for details | N/A |
| 10 Year | 5.95% | Call for details | N/A |
Variable Mortgage
Floating Rate: (Prime + 0.20%: Currently 2.65%)** |
Personal Chequing and Savings Account Rates
| Basic Chequing Interest earned when minimum monthly balance exceeds $1,000, paid quarterly |
0.03% |
| Maximizer Tiered interest calculated daily and paid monthly |
|
| $0 to 2,500 | Nil |
| $2,501 to 5,000 | 0.03% |
| $5,001 to 25,000 | 0.05% |
| $25,001-50,000 | 0.05% |
| $50,001+ | 0.10% |
| US Dollar Account Tiered interest calculated monthly, paid monthly |
|
| $0 to 500 | Nil |
| $501 to 5,000 | 0.03% |
| $5,001+ | 0.10% |
| Plan 24 Savings Calculated daily and paid monthly. Add .02% for golden accounts |
0.03% |
| Investment Savings Tiered interest calculated daily and paid monthly |
|
| $0 to 5,000 | 0.03% |
| $5,001 to 25,000 | 0.05% |
| $25,000 to 50,000 | 0.10% |
| $50,001 to 100,000 | 0.15% |
| $100,001 + | 0.20% |
| RRSP & RRIF Variable Savings Calculated daily and paid semiannually |
.05% |
Business Account Rates
| Business Chequing Calculate monthly and paid quarterly |
0.03% |
| Business Maximizer© Tiered interest calculated daily and paid monthly |
|
| $0 to 5,000 | Nil |
| $5,001 to 10,000 | 0.03% |
| $10,001 to 25,000 | 0.05% |
| $25,001 to 50,000 | 0.05% |
| $50,001+ | 0.10% |
Term Deposit Rates
Minimum investment of $1,000
Short Term
Interest calculated and paid at maturity
| Term | Redeemable | Non-Redeemable |
|---|---|---|
| 30 to 59 days | 0.05% | 0.20% |
| 60 to 89 days | 0.10% | 0.35% |
| 90 to 119 days | 0.10% | 0.35% |
| 120 to 179 days | 0.10% | 0.35% |
| 180 to 364 days | 0.25% | 0.50% |
Long Term
Interest calculated and paid annually.
| Term | Redeemable | Non-Redeemable |
|---|---|---|
| 1 year | 0.75% | 1.00% |
| 2 year | 0.85% | 1.10% |
| 3 year | 0.90% | 1.15% |
| 4 year | 0.95% | 1.20% |
| 5 year | 1.25% | 1.50% |
Disclaimer
All rates subject to change without notice. Lending rates subject to meeting Bulkley Valley Credit Union’s usual credit criteria. Some conditions may apply.
In Our Community
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AGM Update
For the safety of our members and to support the continued efforts of maintaining social distancing, the Board of Directors of Bulkley Valley Credit Union has decided not to hold our Annual General Meeting on April 20, 2020, at the Dze L K’ant Friendship Centre in Smithers as previously advertised.
Instead, we will be hosting a virtual AGM on that same date, starting at the advertised time of 7:00 P.M. -
Easter Weekend Hours
Happy Easter Weekend! All branches will be closed from Friday, April 10th until Monday April 13th. All locations re-open on Tuesday, April 14th with our temporary hours of 10:00 AM to 3:00 PM.
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COVID-19 and Alternative Banking Solutions
April 1, 2020
BVCU is HERE FOR YOU.
During the COVID-19 outbreak, Bulkley Valley Credit Union is taking added precautions to keep our members and staff safe. We are asking members to limit the use of our branches for essential services only and to respect the health authority and municipal, provincial and federal government measures. In consideration of our staff and other members, only attend if you are symptom free.