Steinbach Credit Union Savings Rates - Effective July 13, 2018 | Steinbach Credit Union | Discussion forum

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 July 13, 2018.

Regular Savings/RRSP - less than $100,000 - 2.35%

Regular Savings/RRSP - $100,000 - $250,000 - 2.40%

Regular Savings/RRSP - more than $250,000 - 2.45%

TFSA - 2.40%

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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