Rates for all your banking needs
Oculusbanks believes in fair, transparent, and competitive pricing, knowing it’s more than just a rate.
We want our Owners, their farms, local businesses and communities to succeed, so we invest our profits back into our communities, branches and staff to provide you with high quality service and coaching.
All rates are subject to change without notice.
NOTICE: Due to the global impact of the COVID-19 pandemic, at this time Oculusbanks can only provide USD and EUR cash orders. Oculusbanks' full range of currencies for wires are available as normal. This is a constantly evolving situation and we will share updates as we receive them.
Oculusbanks Prime Rate
Product
Rates
Oculusbanks Prime Rate
4.700%
INVESTMENTS (GICs & TERM DEPOSITS)
Short Term Rates
Product
Range
Rates
Non-Redeemable
30 – 59 Days
1.650%
60 – 89 Days
1.700%
90 – 179 Days
1.750%
180 – 269 Days
2.100%
270 – 364 Days
2.350%
Long Term Rates
Product
Range
Rates
Redeemable
1 Year Redeemable (excluding RIF, without penalty after 90 days)
2.000%
Product
Range
Rates
Non-Redeemable, Interest Paid Annually
1 Year
3.250%
2 Years
3.500%
3 Years
3.750%
4 Years
3.950%
5 Years
4.000%
Variable Rates
Product
Range
Rates
RRSP Variable Rate
1.300%
Product
Range
Rates
RRIF Variable Rate
$ 0 – 4,999
1.300%
$ 5,000 – 24,999
1.300%
$ 25,000 – 49,999
1.300%
$ 50,000 – 99,999
1.300%
$ 100,000 plus
1.300%
Product
Range
Rates
TFSA Variable Rate
Variable
1.300%
MORTGAGES / LOANS
Residential Mortgage Rates
Product
Range
Rates
1st Mortgage Variable 5 Year Closed from (Prime – 0.30%)
4.400%
Product
Range
Rates
6 Month Closed
5.250%
1 Year Closed
5.140%
2 Year Closed
5.240%
3 Year Closed
5.340%
4 Year Closed
5.340%
5 Year Closed
5.340%
5 Year Closed (2.5% Cash Back)*
5.940%
7 Year Closed
6.390%
Consumer Loans
Product
Rates
MeritLine (Home Equity line of credit) from
5.700%
Product
Rates
Personal Loans from
5.700%
Product
Rates
Overdraft Protection – up to $5,000
19.490%
Product
Rates
Collabria VISA® Credit Cards from
9.900%
DAY-TO-DAY BANKING
Savings Account
Product
Range
Rates
Regular, Youth
$ 0 – 4,999
0.125%
$ 5,000 – 24,999
0.250%
$ 25,000 – 49,999
0.250%
$ 50,000 – 99,999 *
0.300%
$ 100,000 plus *
0.750%
Product
Range
Rates
Investment Savings
$ 0 – 999
0.000%
$ 1,000 plus
1.300%
Product
Range
Rates
Tax Accounts
0.125%
Chequing Account
Product
Range
Rates
Go Free, Basic, Simplify, Premium
$ 0 – 4,999
0.125%
$ 5,000 – 24,999
0.125%
$ 25,000 – 49,999
0.125%
$ 50,000 – 99,999 *
0.200%
$ 100,000 plus *
0.200%
Product
Range
Rates
US $ Account
$ 0 – 4,999
0.125%
$ 5,000 – 99,999
0.125%
$ 100,000 – 499,999
0.500%
$ 500,000 plus
0.700%
BUSINESS / AGRICULTURE
Agricultural Chequing Account
Product
Range
Rates
Current Account (all packages, incl. Community One)
$ 0 – 1,999
0.000%
$ 2,000 – 9,999
0.125%
$ 10,000 – 99,999
0.125%
$ 100,000 plus
0.550%
Product
Range
Rates
USD Business Chequing Account
$ 0 – 1,999
0.000%
$ 2,000 – 9,999
0.125%
$ 10,000 – 99,999
0.125%
$ 100,000 plus
0.500%
Agricultural Savings Account
Product
Range
Rates
AgriInvest Accounts
$ 0 – 4,999
1.300%
$ 5,000 – 24,999
1.300%
$ 25,000 – 49,999
1.300%
$ 50,000 – 99,999
1.300%
$ 100,000 plus
1.300%
Product
Range
Rates
Regular Savings
$ 0 – 4,999
0.125%
$ 5,000 – 24,999
0.250%
$ 25,000 – 49,999
0.250%
$ 50,000 – 99,999 *
0.300%
$ 100,000 plus *
0.750%
Product
Range
Rates
Investment Savings
$ 0 – 999
0.000%
$ 1,000 plus
1.300%
Commercial Chequing Account
Product
Range
Rates
Current Account (all packages, incl. Community One)
$ 0 – 1,999
0.000%
$ 2,000 – 9,999
0.125%
$ 10,000 – 99,999
0.125%
$ 100,000 plus
0.550%
Product
Range
Rates
USD Business Chequing Account
$ 0 – 1,999
0.000%
$ 2,000 – 9,999
0.125%
$ 10,000 – 99,999
0.125%
$ 100,000 plus
0.500%
Commercial Savings Account
Product
Range
Rates
Regular Savings
$ 0 – 4,999
0.125%
$ 5,000 – 24,999
0.250%
$ 25,000 – 49,999
0.250%
$ 50,000 – 99,999 *
0.300%
$ 100,000 plus *
0.750%
Product
Range
Rates
Business Investment Savings Account
$ 0 – 999
0.000%
$ 2,000 plus
1.300%