The Police Credit Union Limited
Financial services for Ontario law enforcement professionals.
Overview
The Police Credit Union is an Ontario credit union founded in 1946, serving police officers, retirees, civilian employees and their families across the Greater Toronto Area through five branches.
No-Fee Chequing Accounts
Free*
Specific thresholds vary by credit union. Visit The Police Credit Union Limited's website for current requirements.
Current Rates
GIC Rate Ladder
| Term | Rate |
|---|---|
| 1-Year GIC | 2.80% |
| 3-Year GIC | 3.40% |
| 5-Year GIC | 3.60% |
Pros
- • Deposit insurance up to $250,000 per category through FSRA
- • No-fee chequing available with direct deposit set up
- • Solid digital banking with mobile app, online banking, and Interac e-Transfer
Cons
- • Digital banking is functional but less polished than top-tier credit unions
Best For
Products & Accounts
Membership Eligibility
Law enforcement employees, Ontario
Membership available to police officers and law enforcement personnel in Ontario.
Deposit Protection
FSRA
Unlimited in registered accounts. $250,000 per category in non-registered.
Financial Services Regulatory Authority of Ontario (FSRA) provides unlimited protection in registered accounts and up to $250,000 per category in non-registered accounts at Ontario credit unions.
Digital & Access
- Mobile App
- Online Banking
- Interac e-Transfer
- ATM NetworkTHE EXCHANGE Network
- Digital Ratingfair
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 WebsiteRelated reading
