OUR RATES
At Northern, we pride ourselves on providing industry-competitive rates to our members.
Accounts
Mortgages
Borrowing
Investments
ACCOUNTS
| SUPERIOR SAVINGS | Rate |
|---|---|
| $0 - $24,999.99 |
2.00
|
| $25,000 + |
2.00
|
| GI Savings | Rate |
|---|---|
| All Balances |
4.00
|
| TAX FREE SAVINGS ACCOUNT | Rate |
|---|---|
| All Balances |
2.05
|
| NORTHERN GROWTH SAVINGS (COMMERCIAL) | Rate |
|---|---|
| $0.00 - $99,999.99 |
2.05
|
| $100,000.00 + |
2.05
|
MORTGAGES
| CURRENT MORTGAGE RATES | Rate |
|---|---|
| 6 Month Open |
8.00
|
| 1-Year Open |
7.00
|
| 1-Year Closed |
6.09
|
| 2-Year Closed |
6.09
|
| 3-Year Closed |
5.99
|
| 4-Year Closed |
5.89
|
| 5-Year Closed |
5.89
|
| MORTGAGE SPECIALS | Rate |
|---|---|
| 5-Year Closed High Ratio |
5.19
|
| 5-Year Closed Conventional |
5.59
|
| VARIABLE MORTGAGES | Rate |
|---|---|
| 5-Year Open |
8.70
|
| HOME EQUITY LINES OF CREDIT | Rate |
|---|---|
| Meritline |
7.70
|
BORROWING
| Prime | Rate |
|---|---|
| Northern Prime |
6.70
|
| LOANS | Rate |
|---|---|
| Student Loan |
6.45
|
| RSP Take Ten Loan |
7.70
|
| LINES OF CREDIT | Rate |
|---|---|
| Cash Secured Line of Credit |
6.70
|
| RSP Line of Credit |
6.70
|
| LINES OF CREDIT | Rate |
|---|---|
| Cash Secured Line of Credit |
6.70
|
| RSP Line of Credit |
6.70
|
INVESTMENTS
| NON-REDEEMABLE GICs | Rate |
|---|---|
| 1-Year |
4.75
|
| 14-Month |
5.00
|
| 2-Year |
4.80
|
| 3-Year |
4.80
|
| 4 Year |
4.75
|
| 5-Year |
4.65
|
| 3-YEAR ESCALATOR | Rate |
|---|---|
| Year 1 |
3.25
|
| Year 2 |
4.45
|
| Year 3 |
7.00
|
| Average Yield to Maturity |
4.90
|
| 5-YEAR ESCALATOR | Rate |
|---|---|
| Year 1 |
3.75
|
| Year 2 |
3.80
|
| Year 3 |
4.20
|
| Year 4 |
4.70
|
| Year 5 |
6.55
|
| Average Yield to Maturity |
4.60
|
| MARKET LINKED GIC | Rate |
|---|---|
| 3 Year - Global Diversified (Maximum) |
0-25
|
| 3 Year - Global Diversified (Annual Equivalent) |
7.72
|
| 5 Year - Global Diversified (Maximum) |
0-55
|
| 5 Year - Global Diversified (Annual Equivalent) |
9.16
|
| REDEEMABLE GICs | Rate |
|---|---|
| 30-59 Days |
0.40
|
| 60-89 Days |
0.45
|
| 90-179 Days |
0.65
|
| 180-269 Days |
0.80
|
| 270-364 Days |
1.00
|
| 1-Year |
2.00
|
| 2-Year |
2.70
|
| 3-Year |
2.80
|
| 4-Year |
2.95
|
| 5-Year |
3.00
|
