Steinbach Credit Union Savings Rates | Steinbach Credit Union | Discussion forum

Just because nothing ever gets posted about Steinbach CU, on this forum -

The following rates are effective as of June 4, 2018 and are subject to change without notice.

Savings Rates

All deposits are guaranteed 100% by the Deposit Guarantee Corporation of Manitoba. Applies to Canadian deposits only. Some restrictions may apply. These rates were last updated on January 18, 2018.

Account Balance Consumer Interest Rate

Regular Savings - less than $100,000 - 2.15%

Regular Savings - $100,000 - $250,000 - 2.20%

Regular Savings - more than $250,000 - 2.25%

TFSA - 2.20%

Monthly Savings - 1.30%

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What you should know about SCU's interest rate calculation - from their website

Regular Savings

- Competitive Interest Rate from dollar one
- No minimum monthly balance required
- Interest calculated on minimum monthly balance
- Interest paid annually
- Tiered rates starting @ $100,000
- First monthly withdrawal free; up to $1.00 per subsequent withdrawal

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SCU's Service Fees can be found here -

https://www.scu.mb.ca/personal-accounts/personal-services-fees