About The Energy Credit Union
The Energy Credit Union Limited is a Toronto-based Ontario credit union founded in 1939 by Toronto Hydro workers and incorporated in 1941 as The Toronto Electrical Utilities Credit Union Limited; it adopted its current name in 2010. It serves about 3,500 members with assets over $90 million.
MoreLess
Access: Membership required · Closed common bond
Eligible provinces: Ontario
How to join: Contact the credit union to verify employer-group eligibility and open a membership account.
Deposit protection: Financial Services Regulatory Authority of Ontario
prudential regulator + administers the Deposit Insurance Reserve Fund: unlimited on registered accounts, $250,000 non-registered; absorbed DICO in 2019
Current top rates
rates confirmed as of 2026-10-15| GIC ladder | Best rate |
|---|---|
| 1-year GIC | 2.85% |
| 2-year GIC | 2.95% |
| 3-year GIC | 3.10% |
| 4-year GIC | 3.20% |
| 5-year GIC | 3.30% |
Base ladder rates. Institution may have more term rates below.
Rate history builds here as we track this institution's rates over time.
Term deposit rates
— not stated on siterates confirmed as of 2026-10-15Filter rates
| Term | Registration | Redeemable | Compounding | Interest paid | Min–Max deposit | Rate |
|---|---|---|---|---|---|---|
| Short-term — under 1 year | ||||||
| 90–364 days | Non-reg | N | — | At maturity | — | 0.40% |
| Long-term — 1 year + | ||||||
| 1 year | Non-regRRSPRRIFTFSA | N | — | At maturity | — | 2.85% |
| 2 years | Non-regRRSPRRIFTFSA | N | — | At maturity | — | 2.95% |
| 3 years | Non-regRRSPRRIFTFSA | N | — | At maturity | — | 3.10% |
| 4 years | Non-regRRSPRRIFTFSA | N | — | At maturity | — | 3.20% |
| 5 years | Non-regRRSPRRIFTFSA | N | — | At maturity | — | 3.30% |
No rates match these filters.
Savings & chequing rates
rates confirmed as of 2026-10-15Filter rates
| Type | Product | Calculated | Paid | Min. balance | Rate |
|---|---|---|---|---|---|
| Savings | |||||
| Savings | Daily Interest/ Power Saver II | — | — | $0 | 0.15% |
| Savings | Daily Interest/ Power Saver II | — | — | $1,001 | 0.15% |
| Savings | Daily Interest/ Power Saver II | — | — | $5,001 | 0.30% |
| Savings | Daily Interest/ Power Saver II | — | — | $10,001 | 0.30% |
| Savings | Daily Interest/ Power Saver II | — | — | $25,001 | 0.30% |
| Savings | Flip & Save | — | — | $0 | 0.80% |
| Savings | Flip & Save | — | — | $1,001 | 0.80% |
| RRSP | |||||
| RRSP | Variable RRSP | — | — | — | 0.05% |
| RRIF | |||||
| RRIF | Variable RRIF | — | — | — | 0.05% |
| TFSA | |||||
| TFSA | Grandfathered Variable (TFSA) | — | — | — | 0.90% |
| TFSA | TFSA Variable | — | — | — | 0.80% |
No rates match these filters.
We hunt. You gather.
Rates change without notice. Get rate alerts from Ratehunter and you'll be the first to know when The Energy Credit Union — or anyone else — posts a better rate.
Get rate alertsBrowse all institutions · Best GIC rates · Best HISA rates · Best mortgage rates