Healthcare & Municipal Employees' Credit Union Limited
Financial services for healthcare and municipal employees in Ontario.
Overview
No detailed description available.
Members
11000
Assets
$329 million
Branches
8
Current Rates
Verified (Official Source)· Last checked Apr 16, 2026 (2d ago)
High Interest Savings0.45%up to
1-Year GIC3.20%
3-Year GIC3.60%
5-Year Fixed Mortgage4.59%
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 3.20% |
| 3-Year GIC | 3.60% |
| 5-Year GIC | 4.00% |
Pros
- • Surcharge-free ATM access through THE EXCHANGE Network
- • Full wealth management and investment services available
Cons
- • Limited digital banking features compared to larger institutions
- • Membership restricted — not open to general public
Best For
Eligible members seeking personalized serviceHomebuyers seeking competitive mortgage ratesMembers wanting full-service banking with investment options
Products & Accounts
Chequing
Savings
GICs
RRSP
TFSA
RRIF
Mortgages
Personal Loans
Credit Cards
Business
Investments
Insurance
Membership Eligibility
StatusRestricted
Requirements:
Ontario residents
Open to residents of Ontario. Membership requires purchase of a membership share.
Membership Share (Fee)$5 share purchase
Deposit Protection
Insuring Body
FSRA
Coverage Limit
$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 Ratingfair
About This Data
Rate and eligibility data is gathered from official credit union websites and verified comparison sources. Always verify rates directly on the official website before making financial decisions.
Official Website