Tools & Services
Rates Summary
Effective: January 13, 2021
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 | 2.69% | Call for details | 7.45% |
| 1 Year | 2.69% | Call for details | 7.45% |
| 2 Year | 2.94% | Call for details | N/A |
| 3 Year | 3.45% | Call for details | N/A |
| 4 Year | 4.09% | Call for details | N/A |
| 5 Year | 4.79% | Call for details | N/A |
| 7 Year | 5.40% | Call for details | N/A |
| 10 Year | 5.80% | 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+ | 0.05% |
| US Dollar Account Tiered interest calculated monthly, paid monthly |
|
| $0 to 500 | Nil |
| $501 to 5,000 | 0.03% |
| $5,001+ | 0.05% |
| 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 | 0.05% |
| $50,001 to 100,000 | 0.08% |
| $100,001 + | 0.10% |
| 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+ | 0.05% |
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% | 0.05% |
| 60 to 89 days | 0.05% | 0.15% |
| 90 to 119 days | 0.05% | 0.15% |
| 120 to 179 days | 0.05% | 0.15% |
| 180 to 364 days | 0.05% | 0.15% |
Long Term
Interest calculated and paid annually.
| Term | Redeemable | Non-Redeemable |
|---|---|---|
| 1 year | 0.05% | 0.70% |
| 2 year | 0.25% | 0.75% |
| 3 year | 0.35% | 0.80% |
| 4 year | 0.55% | 1.00% |
| 5 year | 0.70% | 1.15% |
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.
Covid-19 Updates
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Covid-19 Updates
Bulkley Valley Credit Union is HERE FOR YOU during these difficult times, which includes keeping you up to date with the measures we are taking to protect our staff, members, clients, and community from COVID-19.
The updates will also cover what we are doing to ensure Bulkley Valley Credit Union continues to serve your banking, financial, and insurance needs.
Check back regularly or visit our Facebook page for the latest and if you have any questions or concerns, please don’t hesitate to contact us by phone or email.
We are in this together.
In Our Community
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Important Update
The COVID-19 situation is evolving. Today we were notified that one of our employees in the Smithers Branch has been confirmed with having the COVID-19 virus. The employee last worked on Wednesday, January 6, 2021.
At this time, the employee is resting at home in self-isolation and is doing well. -
Call for Nominations 2021
The 2020 Winter Newsletter will be attached to your December Statement. The Newsletter includes the call for nominations for our Board of Directors. An election of directors will take place to fill two positions in Smithers and one position in the Lakes District. For more information please continue reading.