Rosenort Credit Union, Manitoba | Tax Free Savings Accounts | Discussion forum

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Rosenort Credit Union, Manitoba
August 10, 2020
12:17 pm
JenE
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I’ve just seen that Rosenort’s TFSA variable savings account is 1.9%. They cover transfer fees $5/$1000. CSR said she hasn’t heard any talk of the rate being reduced.
GICs are:
5 yr. 1.9
4 yr. 1.85
3 yr. 1.75
2 yr. 1.7
1 yr. 1.65.
These rates are not on the website, one has to phone and ask.

August 10, 2020
6:04 pm
AltaRed
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Is this CU accessible to most Canadians? Please provide qualifiers if not.

August 10, 2020
6:39 pm
JenE
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This is all I know, from the website:

Join Rosenort Credit Union
Membership Eligibility
Rosenort Credit Union extends membership throughout Canada. At Rosenort Credit Union we pride ourselves in helping people help themselves by offering quality financial services for the benefit of all members.

August 10, 2020
7:23 pm
Shawguy
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AltaRed said
Is this CU accessible to most Canadians? Please provide qualifiers if not.  

Membership open to all Canadians outside of Quebec.

However their savings accounts pay interest based on minimum monthly balance and paid annually. Not the same as the daily interest accounts most of us are used to.

August 10, 2020
7:50 pm
Norman1
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More details about the Rosenort savings accounts are in your post last year.

Odd that Rosenort doesn't put the info on their web site. Their site is silent on how interest is calculated on their TFSA and RESP accounts.

August 10, 2020
8:47 pm
Loonie
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There are a number of smaller CUs that don't post their rates, or post them only some of the time. I don't know their reasoning; may vary.

August 10, 2020
9:01 pm
Norman1
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Could be little or no demand from their members to have current rates available online.

We had looked at one small credit union, Adjala CU, that doesn't even have its own ATM!

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