Lending Rates

Current V.P. Credit Union PRIME Lending Rate:    3.20%

Fully Secured Loans

Security Rate Conditions
Deposit Secured Prime + 0.50 % Maximum Term 5 Years

RRSP Loans

Type Rate Conditions
RRSP Prime Maximum Term 1 Year
RRSP catch up loan (Contact us for more details) Prime  + 1% Over one year

Personal Loans & Lines of Credit

All Personal Loans and Line of Credit products are based on VPCU’s Prime Lending Rate which is subject to change.

Please contact us for the latest pricing details.

Overdraft Rate

Type Rate
Chequing Account Overdraft or Line of Credit Overdraft 16.75%

Residential Mortgages

Fixed Term Rates Rate
First Fixed - 1 Year 3.09 %
First Fixed - 2 Years 3.04 %
First Fixed - 3 Years 3.20 %
First Fixed - 4 Years 3.15 %
First Fixed - 5 Years 3.30 %
Interest Penalties May Apply ( 15 and 15 Plan Penalty Free)
Other Products Available  
Construction - Contact us for more details Prime + 2.00 %
Open 1 Year  6.45 %
Variable Flex Rate Mortgage 5 Year Term - Contact us for more details Prime - 0.50 %
Prime Line - Mortgage Line of Credit From Prime + 0.50 %
Second Mortgage  
Contact the branch for more details

Based on Prime Rate

* Rates are subject to change without notice at any time. Offer may change or be withdrawn at any time without notice. Other conditions and restrictions may apply. All applicants must meet the VPCU lending criteria. Products and their features may change at any time. Variable interest rates may change at any time. This is a general description only. For more information, please contact our Lending Department at 604 683 2434*