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Hubert Rate Change
April 12, 2023
4:52 am
dollarbill
London, ON.
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Just got an email that Hubert interest is dropping to 3.35%

April 12, 2023
8:10 am
Deemkay
Winnipeg
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GICs also lowered

April 12, 2023
8:23 am
Dean
Valhalla Mountains, British Columbia
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.
Once again, Hubert slowly falls out of favour ... Sad sf-confused

Fortunately, most of my $ is already outta there.

As the stomach turns . . .

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

April 12, 2023
5:21 pm
phrank
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Dean said
.
Once again, Hubert slowly falls out of favour ... Sad sf-confused

Fortunately, most of my $ is already outta there.

As the stomach turns . . .

    Dean

  

I wonder how long before all the bank and credit union rates are lower than the BoC rate? sf-laugh

May 5, 2023
4:49 am
hwyc
GTA
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HISA dropped 0.05 to 3.30%
TFSA dropped 0.10 to 3.35%

May 5, 2023
6:22 am
GR
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All GIC rates also dropped. It appears that Hubert is no longer providing advance notice to clients of rate changes.

https://www.happysavings.ca/rates/

May 5, 2023
8:59 am
Peter
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The same rate changes were made at merger partners AcceleRate Financial.

May 5, 2023
9:00 am
Dean
Valhalla Mountains, British Columbia
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What GR said ...

Unfortunately, it's been that way for quite a few months now (no advanced notices).

It's but one of the many effects of being under new owners/management.

Sadly, the 'Old' Hubert is Long-Gone. sf-confused

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

May 5, 2023
9:25 am
AltaRed
BC Interior
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Peter said
The same rate changes were made at merger partners AcceleRate Financial.  

Curiosity only. Why has Access not consolidated these entities?

May 5, 2023
9:57 am
Wayno
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https://www.happysavings.ca/2022/06/01/were-merging-july-1-heres-what-you-need-to-know/

We’re Merging July 1, 2023 : Here’s What You Need to Know

Sunova Credit Union, Noventis Credit Union, and Access Credit Union officially merge on July 1 to become the new Access Credit Union.

Things won’t change overnight. As we work towards banking system integrations, Hubert Financial members can expect business as usual for the time being.

May 5, 2023
12:24 pm
cgouimet
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Wayno said
https://www.happysavings.ca/2022/06/01/were-merging-july-1-heres-what-you-need-to-know/

We’re Merging July 1, 2023 : Here’s What You Need to Know

Sunova Credit Union, Noventis Credit Union, and Access Credit Union officially merge on July 1 to become the new Access Credit Union.

Things won’t change overnight. As we work towards banking system integrations, Hubert Financial members can expect business as usual for the time being.  

Isn't that 2022?

CGO
May 5, 2023
1:28 pm
Dean
Valhalla Mountains, British Columbia
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AltaRed said

Curiosity only. Why has Access not consolidated these entities?  

From what I understand, merging AcceleRate into Hubert is part of their 2023 game plan.

I'm guessing it'll happen sometime this fall.

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

May 5, 2023
4:25 pm
rpotter28
Kingston, ON
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Dean said
.
Once again, Hubert slowly falls out of favour ... Sad sf-confused

I have been using their 1 year quarterly term GIC for the last 12 months or maybe longer, and have been happy. Always could have done better of course, but I am at or close to mid/high 4's to 5% on all of them (annual) at the moment.

I wasn't sure if I would need the money before a year, so that's why I went that way.

May 5, 2023
5:42 pm
Dean
Valhalla Mountains, British Columbia
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.
What Rpotter28 said ⬆ (Post #13).

You'll get no argument here on that. Hubert's 1yr, quarterly payable, variable rate GIC is still it's 'Crown Jewel'.

Fingers crossed, the new owners don't 'Fix' that too. sf-confused

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

May 5, 2023
6:06 pm
Norman1
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The Hubert one-year cashable term deposit looks like a keeper for now.

In contrast, the Hubert Cash Back MasterCard is now gone from the Hubert web site. The Hubert US$ savings account doesn't look like it has a bright future with its interest rate left at ¼%.

May 6, 2023
6:25 am
cgouimet
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Dean said
.
What Rpotter28 said ⬆ (Post #13).

You'll get no argument here on that. Hubert's 1yr, quarterly payable, variable rate GIC is still it's 'Crown Jewel'.

Fingers crossed, the new owners don't 'Fix' that too. sf-confused

    Dean

  

We might just have to like TNG offers again ... sf-laugh

CGO
July 19, 2023
5:21 am
hwyc
GTA
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HISA 3.60% (was 3.45%)
TFSA 3.65% (was 3.50%)

July 19, 2023
5:33 am
BillieBob
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hwyc said
HISA 3.60% (was 3.45%)
TFSA 3.65% (was 3.50%)  

One-year term also increased to 4.85% from 4.70%.

July 19, 2023
8:50 am
Pewter
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Rate updates, effective:

July 19, 2023

High-interest Savings
3.60%*

Variable Rate
(TFSAs, RRSPs, and RRIFs)
3.65%*

Non-Registered Terms
(TFSAs, RRSPs, and RRIFs)

One-Year Quarterly Term
4.85%*

Two-Year Term:
4.75%

Three-Year Term:
4.65%

Four-Year Term:
4.55%

Five-Year Term:
4.50%

*Asterisks indicate an updated rate.
All deposits including interest are guaranteed without limit by the Deposit Guarantee Corporation of Manitoba (DGCM).

July 19, 2023
8:59 am
Yatti420
Canada
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Lagging behind GICs. Who from Manitoba wants the #1 spot? Hubert is now Access CU soo..

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