Don’t just save your money, grow it with savings accounts that give you:
Competitive interest rates right from dollar one
100% deposit guarantee
No minimum balance requirement
Access your money while it grows with day-to-day chequing accounts that give you:
Optional overdraft protection
Access to 1,800+ ding free® ATMs across Canada
Help your child build financial independence one step at a time.
Choose a savings account, an account for day-to-day spending, or both
Accounts earn interest right from dollar one
No monthly fees
Affordable banking for students pursuing post-secondary education at a university, college, or trade school.
Access to a full suite of online and digital banking solutions
Proof of enrollment is required
Manage your accounts your way with easy and effortless banking options including:
Online banking options for every account size
Dedicated tellers at every branch
Low-risk investing with GICs in various term lengths, available in both Canadian and U.S. funds.
Earn a guaranteed rate of return
GICs are also available in an RRSP, RRIF, or TFSA
Save for a rainy day, a big purchase, or get ready for retirement with a Tax-Free Savings Account.
All returns are tax-free
Manage your TFSA online or using the SCU app
Access your funds when you need them
Save for your retirement and reduce your taxable income now with an RRSP.
Enjoy tax-deferred savings
Make tax-deductible contributions
Choose from a variety of investing options
Give a child in your life a head start on their
post-secondary education with an RESP.
Increase savings with government grants
Convert your RRSP to a RRIF and enjoy a steady income while still earning interest on your money.
Control your income
Continue to grow your money tax-free
Use an RDSP to provide future financial security for an individual who receives the disability tax credit.
Earn tax-sheltered interest
Keep existing disability benefits
Reach your investment goals with online investing made easy by Qtrade Direct Investing™ and VirtualWealth®.
Advanced investment software
Fast, friendly, and knowledgeable customer support
Invest in your future with some of the best home mortgage options available and get:
Competitive variable and fixed interest rates
Up to 30 years to repay
Prepayment and extra-payment privileges
As little as 5% down
Invest in your future with some of the best condo mortgage options available and get:
90-day rate guarantee
Reimagine your living space and increase the value of your home with a renovation mortgage and get:
Variable or fixed rate options
Leverage existing or “as-complete” home equity
Make your dream home a reality with self-build mortgages that give you:
A 18-month interest-only period
Access to funds when and how you need them
Contract-build mortgages offer a variety of options suited to the building process including:
Build a personal portfolio of rental properties with specially designed mortgages that give:
Preapproval based on projected rental income
Up to six rental units at our personal rate
Realize your dream of owning a cottage or vacation property with a mortgage that gives you:
Up to 80% financing
30 years to repay
Ability to purchase on government leased land
Our New to Canada mortgage is designed to help newcomers find a home in their new community. We make this easier with:
No income verification requirements
Flexible payment options
We've been lending specialists for more than 75 years. We'll make sure you always get the best mortgage.
Expertise to craft custom solutions for unique needs
Local, in-house decision making
As little as a 5% down payment and up to 30 years to re-pay
Get the funds you need to consolidate your debt, contribute to your RRSP, or make a large purchase.
Competitive interest rates
Flexible repayment plans
No pre-payment penalties
Get the right amount of money at the right time with a pre-approved credit limit.
Get approved once, access funds as you need
Only pay interest on the funds you use
Our most prestigious card offering elite-level privileges, unique benefits, and exceptional service wherever you go.
Covering everything from baggage loss to emergency healthcare, this one card lets you rest easy when you’re on the go.
Shop in the U.S. and skip the exchange fees. No foreign transaction fees mean even more savings on everything you buy.
A no frills card that gives you a low interest rate, no annual fee, and essential purchase protection.
Earn reward points while enjoying a low interest rate on purchases and cash advances.
Make everyday buying a bit more rewarding! Earn cash rewards on everyday purchases.
Make sure your family is taken care of in case of death, disability, or critical illness.
Protect your estate from taxes
Replace lost income, preserve or supplement retirement savings
Cover funeral costs, mortgage repayment, and children’s tuition
Cover loan payments in case of the unexpected. Coverage options include: life, disability, critical illness, or loss of employment.
Protect your assets
Safeguard your savings
Maintain current credit score
Protect your biggest investment; your home! Coverage options include: life, disability, critical illness, or loss of employment.
Enrolling is easy and arranged at the time of your mortgage application
Safeguard your home from theft and other unforeseen events.
No premium increases for client‐paid claims
Claim counselling service for all your questions
Easily manage your policies online
Enjoy your trip worry-free with coverage for missed flights, trip cancellations, lost luggage, and hospital visits.
Up to $10 million coverage for emergency hospital visits or medical care
Multi-trip plan insurance for those who travel multiple times a year
24/7 access to multi-lingual emergency travel assistance
Important notice regarding wire transfers
Because sometimes your dream home doesn’t exist yet.
We have builder-mortgage options designed for new-build projects of all kinds.
Your preapproval meeting is a great opportunity to ask us questions and explore your mortgage options. Here’s what we need you to bring.
Take comfort in knowing exactly how much equity you’ll build by the end of your mortgage term.
Available in 1 to 5-year terms for up to 30 years’ amortization
Guaranteed rate of interest and set payment amounts throughout the term length
Prepay up to 20% of the original principal amount yearly with no penalty
Current consumer rates.
Consider a variable open mortgage if you’re looking to pay your mortgage off in less than five years.
Offers the most flexible repayment options of any SCU mortgages
Make additional payments anytime without penalty
Interest floats as per our currently posted rates
Current variable interest rate.
A variable rate gives you an opportunity to get ahead and pay your mortgage off faster if rates decrease.
Pay your home off faster if rates decrease
The amount you pay each month remains the same throughout your term. The amount paid toward principal and interest fluctuates as rates change
Available as a 5-year term for up to 30 years’ amortization
Enjoy the benefits of a variable rate, along with peace of mind of a protective rate ceiling if rates increase.
Talk with an SCU lending specialist
Offers the flexibility of a variable mortgage, but capped at 1% above the current posted rate for a 5‑year term
Enjoy peace of mind knowing you’re protected from rising rates
Available as a 5-year term with up to 30 years' amortization
Our ready to move mortgages offer solutions for residential builds of mobile and modular homes.
Mobile Home: A transportable single or multiple section family dwelling that's ready for occupancy upon completion of set up.
Modular Home: A unit that is intended for residential use, constructed as a unit or component parts off site. It is transported to the job site as a finished unit or component parts that are assembled and placed on a proper foundation.
The contract build mortgage provides periodic funding as stages of the build become complete. During construction, this is set up as an interest-only mortgage. Once you take possession, you assume both principal and interest payments on the mortgage. You are only required to pay interest on the amount advanced on this mortgage.
We developed our turn-key mortgage for homes being built and funded by the builder until possession date, when the new home is turned over to someone else.
The assumption mortgage works the same way as the turn-key mortgage, but it requires an initial deposit and is available to certain builders only.
Explore how much mortgage you can afford with our mortgage payment calculator.
Choosing between a fixed or variable mortgage rate is a considerable decision that can affect you for years to come.
Get some helpful tips to consider as your renewal date approaches.
Terms and Conditions
All rates are subject to change without notice. Some conditions may apply. See us for details.