FirstOntario Credit Union GIC & Savings Rates
Rates last updated Nov 7, 2026
FirstOntario Credit Union's best GIC rate is currently 4.00% on its 1.5-Year GIC, and its high interest savings account pays 0.90%. Across the 10 GIC terms we monitor, other institutions currently offer higher rates. The tables below show the best alternative for each term.
Deposits at FirstOntario Credit Union (opens in a new tab) are insured by the Financial Services Regulatory Authority of Ontario (FSRA), which insures eligible deposits at Ontario credit unions up to $250,000 per depositor at each credit union for non-registered deposits, and with no limit for deposits in registered accounts. Learn more at fsrao.ca (opens in a new tab).
FirstOntario Credit Union is available to residents of Ontario.
FirstOntario Credit Union GIC Rates by Term
| Product | Rate | Interest Paid | Min. Investment | Best Tracked Rate |
|---|---|---|---|---|
| 3-Month GIC (opens in a new tab) | 2.70% | At maturity | None | 4.40% at Duca |
| 4-Month GIC (opens in a new tab) | 2.70% | At maturity | None | 3.00% at Saven Financial |
| 6-Month GIC (opens in a new tab) | 2.70% | At maturity | None | 3.01% at Tru Cooperative Bank |
| 9-Month GIC (opens in a new tab) | 2.85% | At maturity | None | 3.30% at EQ Bank |
| 1-Year GIC (opens in a new tab) | 3.35% | At maturity | None | 4.25% at Haventree Bank |
| 1.5-Year GIC (opens in a new tab) | 4.00% | At maturity | None | 4.10% at Wealth One Bank of Canada |
| 2-Year GIC (opens in a new tab) | 3.60% | At maturity | None | 4.30% at Wealth One Bank of Canada |
| 3-Year GIC (opens in a new tab) | 3.70% | At maturity | None | 4.40% at Wealth One Bank of Canada |
| 4-Year GIC (opens in a new tab) | 3.70% | At maturity | None | 4.45% at Wealth One Bank of Canada |
| 5-Year GIC (opens in a new tab) | 3.80% | At maturity | None | 4.55% at Wealth One Bank of Canada |
FirstOntario Credit Union Savings Account Rates
| Product | Rate | Interest Paid | Min. Investment | Best Tracked Rate |
|---|---|---|---|---|
| High Interest Savings (opens in a new tab) | 0.90% | — | $200,000 | 3.00% at Saven Financial |
FirstOntario Credit Union Mortgage Rates
| Product | Rate | Lowest Tracked Rate |
|---|---|---|
| 1-Year Fixed Mortgage (opens in a new tab) | 5.49% | 4.19% at Steinbach Credit Union |
| 2-Year Fixed Mortgage (opens in a new tab) | 4.84% | 4.19% at Steinbach Credit Union |
| 3-Year Fixed Mortgage (opens in a new tab) | 4.94% | 4.19% at Steinbach Credit Union |
| 4-Year Fixed Mortgage (opens in a new tab) | 4.99% | 4.29% at Steinbach Credit Union |
| 5-Year Fixed Mortgage (opens in a new tab) | 5.04% | 4.39% at Steinbach Credit Union |
| 7-Year Fixed Mortgage (opens in a new tab) | 5.94% | 4.99% at Prospera Credit Union |
| 10-Year Fixed Mortgage (opens in a new tab) | 6.14% | 5.36% at Prospera Credit Union |
| 5-Year Variable Mortgage (opens in a new tab) | 4.25% | 3.80% at Steinbach Credit Union |
Closed-term rates for conventional mortgages. Compare every lender in the best Canadian mortgage rates overview or the mortgage rate comparison.
Compare Before You Commit
Rates change frequently and the leader varies by term. See today's best GIC and HISA rates, view every institution side by side in the deposit rate comparison, or estimate your return with the GIC calculator.
FirstOntario Credit Union Rates: Frequently Asked Questions
What is FirstOntario Credit Union's best GIC rate right now?
FirstOntario Credit Union's best GIC rate is currently 4.00% on its 1.5-Year GIC (as of Nov 7, 2026). The best tracked rate for the same term in Canada is 4.10% from Wealth One Bank of Canada.
What is FirstOntario Credit Union's 1-year GIC rate?
FirstOntario Credit Union currently pays 3.35% on a 1-year non-registered GIC (as of Nov 7, 2026). The best 1-year GIC rate we track in Canada is 4.25% from Haventree Bank.
Are FirstOntario Credit Union GICs and deposits insured?
Yes. Eligible deposits at FirstOntario Credit Union are protected by the Financial Services Regulatory Authority of Ontario (FSRA), which insures eligible deposits at Ontario credit unions up to $250,000 per depositor at each credit union for non-registered deposits, and with no limit for deposits in registered accounts. FirstOntario Credit Union and Saven Financial are one credit union, so eligible deposits at both count toward a single FSRA limit.
Who can open an account with FirstOntario Credit Union?
Residents of Ontario can open an account with FirstOntario Credit Union.
Does FirstOntario Credit Union offer a high interest savings account?
Yes. FirstOntario Credit Union's high interest savings account currently pays 0.90% (as of Nov 7, 2026). The best HISA rate we track is 3.00% from Saven Financial.
How do FirstOntario Credit Union's GIC rates compare to other Canadian banks?
FirstOntario Credit Union does not currently lead any of the 10 GIC terms we monitor. Online banks and credit unions often pay more than posted big-bank rates. Use our side-by-side rate comparison to see how FirstOntario Credit Union stacks up against 37 other Canadian institutions across every term.
GIC Rates at Other Canadian Institutions
- Achieva Financial GIC Rates
- Alterna Bank GIC Rates
- ATB Financial GIC Rates
- Beem Credit Union GIC Rates
- BMO GIC Rates
- Scotiabank GIC Rates
- CIBC GIC Rates
- Canadian Tire Bank GIC Rates
- DUCA Credit Union GIC Rates
- EQ Bank GIC Rates
- Hubert Financial GIC Rates
- Haventree Bank GIC Rates
- ICICI Bank Canada GIC Rates
- Kindred Credit Union GIC Rates
- Kawartha Financial Services GIC Rates
- Libro Credit Union GIC Rates
- Meridian Credit Union GIC Rates
- Manulife Bank GIC Rates
- National Bank of Canada GIC Rates
- Northern Birch Credit Union GIC Rates
- Northern Credit Union GIC Rates
- Oaken Financial GIC Rates
- Outlook Financial GIC Rates
- Prospera Credit Union GIC Rates
- Peoples Trust GIC Rates
- Pathwise Credit Union GIC Rates
- RBC GIC Rates
- Saven Financial GIC Rates
- Steinbach Credit Union GIC Rates
- Servus Credit Union GIC Rates
- Simplii Financial GIC Rates
- TD GIC Rates
- Tangerine GIC Rates
- Tru Cooperative Bank GIC Rates
- WFCU Credit Union GIC Rates
- WealthONE Bank GIC Rates
- Your Neighbourhood Credit Union GIC Rates
Rates shown are for non-registered CAD deposits and may not reflect promotional or registered-plan offers. Always verify current rates with FirstOntario Credit Union (opens in a new tab) before making any decisions.
How we collect rates: We regularly collect rates from publicly available information published by financial institutions, with automated checks and periodic spot checks for accuracy.