Rocky Credit Union - Mortgage Rates & Options

What is Profit Share?
Shares Over the Years

Each November, we pay Profit Share to our members. Here's how it works:

For products you pay interest on (loans, mortgages, lines of credit), we give a portion of all the interest you paid back to you, like a rebate.

For products you earn interest on (savings accounts, investments), we share an extra portion on top of all the interest you earned, like a bonus.

So, the more products you have with Rocky Credit Union, the more profits you earn. Last November, we shared over $2.6 million in Profit Share & Dividends to our members!

In 2025, RCU gave 12% of interest earned and interest paid back to our members, plus 3.75% dividends. That's over $2.6 million cash to members!

YEAR	DIVIDEND	PROFIT SHARE	AVG PRIME
2025	3.75%	12%	4.90%
2024	4.95%	12%	6.93%
2023	4.80%	12%	6.58%
2022	2.65%	10%	3.58%
2021	1.90%	10%	2.45%
2020	2.15%	10%	2.95%

Each year, Profit Share and Dividend percentages are decided by and at the discretion of our Board of Directors.

Let's put Profit Share into perspective, based on last year's numbers:

If you had a mortgage at our posted rate of 4.19%, a 12% profit share would effectively reduce your rate to 3.69%. On a mortgage of $400,000, that’s $2011 back in your pocket.
If you earned 12% profit share on a loan, line of credit, or mortgage, that’s equivalent to us covering about a month and a half of your interest payments.
If you had $100,000 invested at 2.50%, you would receive a bonus of $300 on top of your interest earned. If you reinvest that cash back each year, that money will keep working for you!

2 Year

Fixed

4.79

3 Year

Fixed

4.49

5 Year

Fixed

4.19

RCU

Prime Rate

4.45

Open Mortgage

Is flexibility important to you? Make extra payments at any time at any amount, or roll into a closed mortgage whenever you wish. Take advantage of this open mortgage option today!

Everyday Value Mortgage

This option is for those who want to become mortgage-free faster! Get a competitive rate, up to 20% prepayment of the original principal balance, plus 20% increase in your payment without penalty.

Safe at Home Mortgage

Do you want a low payment with a capped rate? The Safe at Home mortgage allows you to set your payment low, combined with the safety of a capped rate.

High Ratio Financing

A down payment of 5% is all you need to get into your new home when financing through Canadian Mortgage & Housing Corporation or Sagen. You have the option to take the mortgage for a 25 year amortization period.

Conventional Financing

Save on interest costs, high ratio premiums, and pay off your mortgage faster by putting at least 20% down!