Products & Services

Products
& Services

Specialized products and services at your fingertips.

As a member of DirecTCU, you'll have online access to a full range of financial products and services designed exclusively for Ontario’s education community. Whatever your needs, we have solutions tailored to meet them, so you can worry a little less and live a little more. Scroll down and get to know us better.

Looking for more?

Visit our corporate website for more information on:

Select one for complete details

Exclusive Low Rate
Mortgage

Freedom
Chequing Account

Investment
eSavings

TFSA Investment
eSavings

Cashable
Term Deposit

Low Rate Loan

Exclusive Low Rate
Mortgage

Freedom
Chequing Account

Investment eSavings

TFSA Investment
eSavings

Cashable
Term Deposit

Low Rate Loan

Investment
eSavings
Account

DirecTCU Investment eSavings takes a tried-and-true savings concept online for educators in Ontario only. Earn a great rate on your savings from day one. Benefit from investment-like returns, with easy access to your money when you need it. What are you waiting for? Start e-Saving more today.

Nominal Service Fees

Online Transfer $0.00
Online Bill Payment $1.00
Interac Direct Payment $1.00
ABM Withdrawl TANDIA/Exchange $1.00
ABM Withdrawl Interac $1.50

Today's Investment eSavings rate:

1.40%

Investment eSavings features include:

  • No monthly fees
  • No minimum balance
  • Interest is paid on the entire balance, calculated daily and paid monthly
  • 24/7 online banking access
  • Transfer funds easily online or by phone
  • Member Solutions Centre teleservice support during business hours

Investment
eSavings

DirecTCU Investment eSavings takes a tried-and-true savings concept online for educators in Ontario only. Earn a great rate on your savings from day one. Benefit from investment-like returns, with easy access to your money when you need it. What are you waiting for? Start e-Saving more today.

Today's Investment eSavings rate:

1.40%

Benefits

  • No monthly fees
  • No minimum balance
  • Interest is paid on the entire balance, calculated daily and paid monthly
  • 24/7 online banking access
  • Transfer funds easily online or by phone
  • Member Solutions Centre teleservice support during business hours

Nominal Service Fees

Online Transfer $0.00
Online Bill Payment $1.00
Interac Direct Payment $1.00
ABM Withdrawal Tandia™/Exchange $1.00
ABM Withdrawl Interac $1.50

Investment eSavings Account

DirecTCU Investment eSavings takes a tried-and-true savings concept online for educators in Ontario only. Earn a great rate on your savings from day one. Benefit from investment-like returns, with easy access to your money when you need it. What are you waiting for? Start e-Saving more today.

Today's Investment eSavings rate:

1.40%

Benefits

  • No monthly fees
  • No minimum balance
  • Interest is paid on the entire balance, calculated daily and paid monthly
  • 24/7 online banking access
  • Transfer funds easily online or by phone
  • Member Solutions Centre teleservice support during business hours

Nominal Service Fees

Online Transfer $0.00
Online Bill Payment $1.00
Interac Direct Payment $1.00
ABM Withdrawal Tandia™/Exchange $1.00
ABM Withdrawl Interac $1.50

TFSA
Investment eSavings
Account

With a Tax-Free Savings Account (TFSA), Canadian residents aged 18 or older can set money aside throughout their lifetime in eligible investment vehicles and earn tax-free investment income.

You can use your TFSA funds (contributions and earnings) any way you want: purchase a car, renovate your home, start a small business, take a family vacation or just save for a rainy day. No matter what your income, you can benefit from a TFSA; however only a careful review of your financial situation will determine the best balance of RRSPs, RESPs, RRIFs and TFSAs for you. We can help with that.

Lady Bug

For 2017, the annual TFSA dollar limit is $5,500. The total amount of savings you can now have in a TFSA is $52,000.

TFSA Investment eSavings features include:

  • No monthly fees
  • No minimum balance
  • Interest is paid on the entire balance, calculated daily and paid monthly
  • 24/7 online banking access
  • Deposit funds easily online
  • Member Solutions Centre teleservice support during business hours

Today's Investment eSavings Rate:

1.40%

TFSA
Investment
eSavings
Account

Lady Bug

With a Tax-Free Savings Account (TFSA), Canadian residents aged 18 or older can set money aside throughout their lifetime in eligible investment vehicles and earn tax-free investment income.

You can use your TFSA funds (contributions and earnings) any way you want: purchase a car, renovate your home, start a small business, take a family vacation or just save for a rainy day. No matter what your income, you can benefit from a TFSA; however only a careful review of your financial situation will determine the best balance of RRSPs, RESPs, RRIFs and TFSAs for you. We can help with that.

For 2017, the annual TFSA dollar limit is $5,500. The total amount of savings you can now have in a TFSA is $52,000.

TFSA Investment eSavings features include:

  • No monthly fees
  • No minimum balance
  • Interest is paid on the entire balance, calculated daily and paid monthly
  • 24/7 online banking access
  • Deposit funds easily online
  • Member Solutions Centre teleservice support during business hours

Today's Investment eSavings Rate:

1.40%
Lady Bug

TFSA
Investment
eSavings
Account

With a Tax-Free Savings Account (TFSA), Canadian residents aged 18 or older can set money aside throughout their lifetime in eligible investment vehicles and earn tax-free investment income.

You can use your TFSA funds (contributions and earnings) any way you want: purchase a car, renovate your home, start a small business, take a family vacation or just save for a rainy day. No matter what your income, you can benefit from a TFSA; however only a careful review of your financial situation will determine the best balance of RRSPs, RESPs, RRIFs and TFSAs for you. We can help with that.

For 2016, the annual TFSA dollar limit is $5,500. The total amount of savings you can now have in a TFSA is $46,500.

Today's Investment eSavings Rate:

1.40%

TFSA Investment eSavings features include:

  • No monthly fees
  • No minimum balance
  • Interest is paid on the entire balance, calculated daily and paid monthly
  • 24/7 online banking access
  • Deposit funds easily online
  • Member Solutions Centre teleservice support during business hours
Bees

Exclusive
Low Rate Mortgage

Our Low Rate Mortgage combines special low rates with homeowner-friendly terms designed specifically for educators. As a DirecTCU™ member, you can take advantage of flexible features like our 10-month payment plan, annual 10% pre-payment option and payment relief during layoffs, strikes, parental leave or other absences.

Exclusive
Low Rate Mortgage

Our Low Rate Mortgage combines special low rates with homeowner-friendly terms designed specifically for educators. As a DirecTCU™ member, you can take advantage of flexible features like our 10-month payment plan, annual 10% pre-payment option and payment relief during layoffs, strikes, parental leave or other absences.

Bees

Exclusive
Low Rate Mortgage

Our Low Rate Mortgage combines special low rates with homeowner-friendly terms designed specifically for educators. As a DirecTCU™ member, you can take advantage of flexible features like our 10-month payment plan, annual 10% pre-payment option and payment relief during layoffs, strikes, parental leave or other absences.

Today's 5 Year Fixed Low Rate:

3.29%*

Mortgage Options

The Advantage Mortgage

Our most feature-filled mortgage offers a full range of terms, preferred rates and award-winning flexibility.

Learn more >

Low Down Mortgage

With the Low Down Mortgage, we can help finance your home purchase even without a large down payment.

Learn more >

First Time Home Buyer

Learn about Revenue Canada's Home Buyers Plan (HBP) that allows you to use your RRSPs to help buy or build a qualifying home.

Learn more >

10 Month Mortgage

Thanks to the 10-Month Mortgage, you can arrange a holiday for your mortgage payments every July and August.

Learn more >

Advice and Help

Because there's a lot to know and consider when it comes to buying and owning a home, visit Mortgages 101 for links to helpful calculators and specific advice for your situation.

Learn more >

Today's 5 Year Fixed Low Rate: Today's 5 Year
Fixed Low Rate:

3.29%*
Start your Mortgage Application online
*specific conditions apply for this rate; ask for details

Exclusive 4.99%*
Low Rate Loan

Everyone can use a little extra help from time to time. No matter what you need it for, our low rate loan is a great way to make ends meet. Like all our products, it was designed with the education community in mind. So loans taken over the summer months don’t require payments until September. You’re welcome.

Monkies

Exclusive 4.99%*
Low Rate Loan

Everyone can use a little extra help from time to time. No matter what you need it for, our low rate loan is a great way to make ends meet. Like all our products, it was designed with the education community in mind. So loans taken over the summer months don’t require payments until September. You’re welcome.

Monkies
Monkies

4.99%*
Low Rate Loan

Everyone can use a little extra help from time to time. No matter what you need it for, our low rate loan is a great way to make ends meet. Like all our products, it was designed with the education community in mind. So loans taken over the summer months don’t require payments until September. You’re welcome.

Low Rate Personal Loan features include:

  • Exclusive fixed rate of 4.99%*
  • Borrow up to $25,000 with terms up to 5 years
  • Pay extra or in full at any time without penalty
  • Option to add life and disability insurance for added peace of mind
*On approved credit, new money only, other conditions apply.
Giraffe

Cashable
Term Deposit

Grow your savings more quickly with our Cashable 1 Year Term Deposit. Your rate of return is guaranteed after 90 days – that’s good to know in case you need access to your savings sooner than planned.

Giraffe

Cashable
Term Deposit

Grow your savings more quickly with our Cashable 1 Year Term Deposit. Your rate of return is guaranteed after 90 days – that’s good to know in case you need access to your savings sooner than planned.

Giraffe

Cashable
Term Deposit

Grow your savings more quickly with our Cashable 1 Year Term Deposit. Your rate of return is guaranteed after 90 days – that’s good to know in case you need access to your savings sooner than planned.

How our Cashable Term Deposit works: How our Cashable
Term Deposit works:

  • If it’s cashed within 0-90 days, no interest is paid.
  • If it’s cashed after 90 days, interest will be paid for the number of days on deposit at the full interest rate in effect on the date of deposit.
  • After a year of successful saving, it will automatically renew for another one-year term. Just let us know in advance if you’d like anything different.

Today's Cashable 1 Year Rate: Today's Cashable 1 Year Rate:
(Minimum $1,000)

1.60%
To get started,

Freedom
Chequing Account

No one likes monthly fees and transaction limits. So why not put an end to them? Simply switching to our Freedom Chequing Account will easily save you $100 or more a year. And that's just the beginning. As a member, you'll have 24/7 online account access with unlimited transactions, including pre-authorized payments and bill payments. Plus no-fee deposit, withdrawal and transfer privileges at more than 2,400 ATMs in THE EXCHANGE® NETWORK. Naturally, your first order of cheques is free.

Don't let the hassle of switching banks keep you tied to an account that charges you just for using it. Our free eSwitch® service can take care of all the details so it’s effortless for you.

Freedom Chequing Account

Freedom
Chequing Account

No one likes monthly fees and transaction limits. So why not put an end to them? Simply switching to our Freedom Chequing Account will easily save you $100 or more a year. And that's just the beginning. As a member, you'll have 24/7 online account access with unlimited transactions, including pre-authorized payments and bill payments. Plus no-fee deposit, withdrawal and transfer privileges at more than 2,400 ATMs in THE EXCHANGE® NETWORK. Naturally, your first order of cheques is free.

Freedom Chequing Account

Don't let the hassle of switching banks keep you tied to an account that charges you just for using it. Our free eSwitch® service can take care of all the details so it’s effortless for you.

Freedom Chequing Account

Freedom
Chequing Account

No one likes monthly fees and transaction limits. So why not put an end to them? Simply switching to our Freedom Chequing Account will easily save you $100 or more a year. And that's just the beginning. As a member, you'll have 24/7 online account access with unlimited transactions, including pre-authorized payments and bill payments. Plus no-fee deposit, withdrawal and transfer privileges at more than 2,400 ATMs in THE EXCHANGE® NETWORK. Naturally, your first order of cheques is free.

Don't let the hassle of switching banks keep you tied to an account that charges you just for using it. Our free eSwitch® service can take care of all the details so it’s effortless for you.

Free yourself today

Looking for more?

Visit our corporate website for more information on: