Overview
DUCA Financial Services Credit Union is a Toronto-based credit union known for offering consistently competitive savings rates. With a focus on digital banking and community values, DUCA serves over 88,000 members primarily in the Greater Toronto Area.
Current Rates
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 3.00% |
| 3-Year GIC | 3.40% |
| 5-Year GIC | 3.65% |
Pros
- • Competitive GIC rates (3.0% on 1-year terms)
- • Solid mobile and online banking with Interac e-Transfer
- • Surcharge-free ATM access through THE EXCHANGE Network
- • Open to all Canadians — easy to join
Cons
- • Low everyday savings rate (0.25%)
Best For
Products & Accounts
Membership Eligibility
Must live or work in Ontario (primarily GTA)
DUCA primarily serves Ontario residents, with most branches in the Greater Toronto Area.
Deposit Protection
FSRA
$250,000 per category
Financial Services Regulatory Authority of Ontario (FSRA) insures eligible deposits up to $250,000 per category at Ontario credit unions.
Digital & Access
- Mobile App
- Online Banking
- Interac e-Transfer
- ATM NetworkTHE EXCHANGE Network
- Digital Ratinggood
Rate and eligibility data is gathered from official credit union websites and verified comparison sources. Last researched Mar 23, 2026. Always verify rates directly on the official website before making financial decisions.
Official Website