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Saskatoon City Employees Credit Union

Credit union· Saskatoon, Saskatchewan· Since 1947Restricted membership

About Saskatoon City Employees Credit Union

Closed-bond credit union organized in 1947 that serves City of Saskatoon employees, superannuates and their families from a single branch located in Saskatoon City Hall. Describes itself as the last closed-bond credit union in Saskatchewan; offers personal and business loans, deposit accounts, mutual funds and safety deposit boxes.

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Access: Membership required · Closed common bond

Eligible provinces: Saskatchewan

How to join: Contact or visit the single branch in Saskatoon City Hall.

Notes: Site says some financial services are provided to non-members, but non-members are excluded from governance and the patronage program.

Deposit protection: Credit Union Deposit Guarantee Corporation (Saskatchewan)

100% deposit guarantee; also the prudential regulator

How deposit insurance works →

Current top rates

rates confirmed as of 2026-10-15
Best GIC · 5-year3.10%
Best mortgage · 5-year fixed5.30%
Prime rate4.50%
GIC ladderBest rate
1-year GIC2.70%
2-year GIC2.80%
3-year GIC2.90%
4-year GIC3.00%
5-year GIC3.10%

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

Highlighted rows are promo rates— not stated on siterates confirmed as of 2026-10-15
Filter rates
TermRegistrationRedeemableCompoundingInterest paidMin–Max depositRate
Long-term — 1 year +
1 yearNon-regRRSPRRIFTFSAN—At maturity—2.70%
1 yearNon-regY—At maturity—2.00%
1 yearTFSAY—At maturity—2.00%
2 yearsNon-regRRSPRRIFTFSAN—At maturity—2.80%
3 yearsNon-regRRSPRRIFTFSAN—At maturity—2.90%
4 yearsNon-regRRSPRRIFTFSAN—At maturity—3.00%
5 yearsNon-regRRSPRRIFTFSAN—At maturity—3.10%

Savings & chequing rates

rates confirmed as of 2026-10-15
Filter rates
TypeProductCalculatedPaidMin. balanceRate
Savings
SavingsMaximizer® Account——$00.01%
SavingsMaximizer® Account——$2,0010.01%
SavingsMaximizer® Account——$5,0010.01%
SavingsMaximizer® Account——$10,0010.20%
SavingsPlan 24® Savings Account———0.20%
RRSP
RRSPVariable Investment Rate———0.20%
RRIF
RRIFVariable Investment Rate———0.20%
TFSA
TFSAVariable Investment Rate———0.20%

Mortgage rates

rates confirmed as of 2026-10-15
Filter rates
TermTypeOpen / closedInsuredPosted rate
First MTG Res ()Fixed · conventional · 6-month to 5-year terms
6-monthFixedOpenNo7.75%
1-yearFixedOpenNo7.75%
1-yearFixedClosedNo6.55%
2-yearFixedClosedNo5.55%
3-yearFixedClosedNo5.05%
4-yearFixedClosedNo5.05%
5-yearFixedClosedNo5.30%
Variable Rate MTG ()Variable · closed · conventional · 5-year term
5-yearVariableClosedNo4.25%

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