Member News

January 2025

Happy new year to our Rapport-A Division of WFCU Credit Union members!

Reflecting on 2024

Since welcoming Rapport into the WFCU Credit Union family this past September, we've been busy learning more about the new communities we are proud to serve!

 

Our Community Investment and Retail teams were pleased to continue sponsoring some familiar initiatives and thrilled to provide some new, fun opportunities—but this is just the start!

 

As we continue to grow across Ontario together, bringing a better way to bank to more individuals, families, and businesses, we'd love to hear from you.

What community events will we see you at in 2025? Click here to let us know.

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The gift you always wanted. 4.05%* 1-year RRSP, GIC and more! Unwrap yours now. *Terms and Conditions Apply
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Five reasons RRSPs should be part of your investment strategy.

One of the most powerful tools available in Canada for planning for your financial future is a Registered Retirement Savings Plan (RRSP). Whether you're starting your career, nearing retirement, or somewhere in between, an RRSP offers numerous benefits that can help you build wealth for the days ahead.


If you're still undecided about opening an RRSP, check out our latest blog by Jil Scott, Manager, Sales & Services at WFCU Credit Union, who outlines five compelling reasons to take the plunge. 

LEARN MORE
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New Mortgage Rules Expands Eligibility in Canada

As of December 15th, new mortgage rules have expanded eligibility for mortgage insurance to homes valued at up to $1.5 million. Under these rules, first-time home buyers must put down a minimum of 5% on the first $500,000 and 10% on the portion between $500,000 and $1.5 million. This change acknowledges the realities of today’s housing market, particularly in high-cost areas. 

 

The updated rules also make first-time home buyers with insured mortgages and any buyer of a new build eligible for 30-year amortizations, as opposed to the previous 25-year limit. 

 

If you’re looking to buy your first home, our Rapport mortgage experts are here to help! 


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WFCU Credit Union

Amherstburg | Chatham | Kingsville | LaSalle | Leamington | London | Tecumseh | Windsor

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ECU - A Division of WFCU Credit Union

Cambridge | Kitchener | Waterloo

Rapport - A Division of WFCU Credit Union

CAMH (Toronto) | Hamilton | Kakabeka Falls | Kingston | Midland | North Bay

Oshawa | Peterborough | Thunder Bay | Toronto

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* Terms and conditions apply. Visit rapportcu.ca/FinePrint for details.