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The Police Credit Union

Credit union· Toronto, Ontario· Since 1946Restricted membership

About The Police Credit Union

The Police Credit Union Limited, established in 1946, is an Ontario credit union serving police services personnel and their families under the motto "taking care of our own." Its corporate office is at 105 Gordon Baker Road, Toronto, with branches across the Greater Toronto Area.

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Access: Membership required · Closed common bond

Eligible provinces: Ontario

How to join: Apply via the Become A Member page or at a branch; eligibility via an Ontario police service or as a family member.

Notes: Police, law-enforcement and public-safety personnel and their families in Ontario

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

How deposit insurance works →

Current top rates

rates confirmed as of 2026-10-15
Best GIC · 5-year3.90%
Best mortgage · 5-year fixed4.49%
Prime rate4.45%
GIC ladderBest rate
1-year GIC3.20%
2-year GIC3.40%
3-year GIC3.70%
4-year GIC3.80%
5-year GIC3.90%

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 2026-10-15
Filter rates
TermRegistrationRedeemableCompoundingInterest paidMin–Max depositRate
Short-term — under 1 year
30 – 59 daysNon-regY—At maturity—1.60%
60 – 89 daysNon-regY—At maturity—1.70%
90 – 179 daysNon-regY—At maturity—1.80%
180 – 269 daysNon-regY—At maturity—1.90%
270 – 364 daysNon-regY—At maturity—2.00%
Long-term — 1 year +
1 yearNon-regRRSPRRIFTFSAN—At maturity—3.20%
2 yearsNon-regRRSPRRIFTFSAN—At maturity—3.40%
3 yearsNon-regRRSPRRIFTFSAN—At maturity—3.70%
4 yearsNon-regRRSPRRIFTFSAN—At maturity—3.80%
5 yearsNon-regRRSPRRIFTFSAN—At maturity—3.90%
Cashable Term Deposit (as high as)Cashable · paid at maturity
1 yearNon-regcashable—At maturity—2.20%

Savings & chequing rates

rates confirmed as of 2026-10-15
Filter rates
TypeProductCalculatedPaidMin. balanceRate
Savings
SavingsDaily Interest Savings (Plan 24)———0.45%
JuniorLittle Tyke Savings———0.70%
JuniorStudent Plus Savings———0.70%
JuniorTeen Blue Savings———0.70%
USDUS SavingsUS$———0.20%
TFSA
TFSATax-Free Savings Account———0.45%

Mortgage rates

rates confirmed as of 2026-10-15
Filter rates
TermTypeOpen / closedInsuredPosted rate
6-monthFixedOpenNo7.50%
1-yearFixedOpenNo7.80%
1-yearFixedClosedNo5.34%
2-yearFixedClosedNo4.94%
3-yearFixedClosedNo4.49%
4-yearFixedClosedNo4.64%
5-yearFixedClosedNo4.49%
5-yearVariableClosedNo3.95%
3-yearFixedClosedYes4.29%
5-yearFixedClosedYes4.29%
5-yearVariableClosedYes3.70%
1-yearFixed · Second mortgageClosedNo8.00%

Home equity line of credit

ProductPosted rate
Meritline / Primeline Home Equity Line of Credit4.95%Prime + 0.50%

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