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The Latest News from TECU

Jul 19,2017
Credit Union Prime Rate Change

Attention all members. Effective 12July2017, the Credit Union’s prime rate will increase for he first time in 7 years by 0.25% to 3.25%. This rate increase may affect some Credit Union member’s variable loan and deposit rates. If you have … Continue reading

Jul 19,2017
We’ve Got Your Back!

On July 6, 2017 OSFI released recommended changes to the B-20 Guidelines for sound residential Mortgage Underwriting.  The changes align language throughout the guideline with OSFI’s July 2016 letter and clarify and strengthen expectations in a number of specific areas, … Continue reading

Jul 18,2017
Gerdau Shutdown hours

The annual scheduled Gerdau plant shutdown will be happening between July 17-28, 2017. The credit union hours of operation for members will be as follows.   July 18th                   12:00pm – 3:00pm July 20th                   12:00pm – 3:00pm July 25th … Continue reading

giving you the power

Welcome to an exclusive financial institution that has been meeting our member's financial needs from start to finish for over 78 years. TECU exists solely to enhance the financial position of our members. We serve both active and retired employees of Toronto Hydro Corporation, Toronto Transit Commission Signals, Electrical, Communications (SEC), Gerdau and Southlake Regional Health Centre. Also included are individuals employed by any municipality as defined in the Municipal Act, 2001, individuals employed in any health care facility operating in the Province of Ontario and related persons, and any persons employed in the transportation sector or affiliated entities. Your immediate family can also become members here, and once you are a member, you are a member for life!. We proudly offer everything you may find at a major financial institution, but with unique benefits that ownership brings. Our profits are either put towards additional free products or services, given back to the member in the form of loan interest rebates and bonus interest or into the Credit Union's financial reserve to increase our financial stability. Our members find that they get big bank products and services with a personal and caring touch that just can't be found at most other financial institutions.

New Member Application


If you have any questions about our products or services please call us at 416-238-5606, contact us or drop in any of our branch locations.

We care about you, we give you specialized service to meet your needs and we also give you valuable information to help you sort out your financial dilemmas.

Please note: The Energy Credit Union Limited is compliant with Canada's Proceeds of Crime (Money Laundering) and Terrorist Financing Act.

What does this mean? It means we keep records in accordance with legal requirements and certain transactions may be subject to government reporting.

For lost or stolen Credit Cards, call CUETS 1-800-561-7849. For lost or stolen ATM/Debit Card, call 1-877-764-3693.