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New GIC Special Rates
January 31, 2020
11:58 am
gicjunkie
Ontario
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Just noticed these promos:

GIC (GIC* / RRSP / RRIF / TFSA) Special**

30-month Special 2.40%

45-month Special 2.50%

60-month Special 3.00%

For details: https://www.scu.mb.ca/rates

Just be aware of their 2.4% interest savings account terms : Interest calculated on minimum monthly balance and paid annually on December 31

January 31, 2020
7:10 pm
Bud
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They're not available across the country online right

January 31, 2020
9:52 pm
Loonie
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They have simultaneously reduced their savings rates from 2.5, 2.6. and 2.8 to 2.4, 2.5 and 2.7 (tiered rates, depending on size of deposit).

February 3, 2020
7:55 pm
Bud
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Steinbach available out of province they seem eager

February 3, 2020
10:15 pm
bcfoodsecurity
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Howdy: I am sure it was mentioned before but this is the first time I am reading this thread on Steinbach CU. While the rates have dropped now to only 2.7% on a $250 000 deposit in savings, the most outstanding benefit with Steinbach is that they have UNLIMITED insurance as a credit union in Manitoba. Not $1 million but unlimited in my last reading. So for people with oodles of assets needing the peace of mind of an insured product this is the place. I would be curious what other deposit insurance guarantees are offered for credit unions in the eastern provinces ?I know in Ontario it is $250 000 for credit unions as I bank with Meridian as well as Steinbach.
Other Western provinces appear to have unlimited deposit insurance for their credit unions but i have yet to find one with savings rates as high as Steinbach ? Besides having rock solid savings rates, Steinbach is by far the biggest credit union in Manitoba out of around 25 credit unions there.

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