Canvas Rates

      Unlike banks, our owners are our members. So, these affordable rates are for you, our members. Putting people before profits is just how we roll.

      Deposit Rates

      Let’s put your money to work for you. Earn more with a Canvas deposit account. Oh, and if you're just looking for a no-hassle convenient and free checking account, we’ve got that too.

      Certificates of Deposit (CDs)

      PRODUCT
      APY

      Certificates of Deposit (CDs)

      $1,000 to open. $1,000 min balance.

      6-Month CD
      12-Month CD
      18-Month CD
      24-Month CD
      36-Month CD
      48-Month CD
      60-Month CD

      Classic Secured Mastercard CD

      $500 to open. $500 min balance.

      Checking Accounts

      PRODUCT
      APY

      Free Checking

      $50 to open. No min balance. No monthly fee. Free online bill pay w/3 payments per mo, or $3.95/mo fee.

      Interest Checking

      $500 to open. $500 min balance to waive $10 mo fee. Free online bill pay w/3 payments per mo, or $3.95/mo fee.

      $500-$9,999.99
      $10,000-$24,999.99
      $25,000+

      Level Up Checking

      $25 to open. No min balance. No monthly fee. Free online bill pay w/3 payments per mo, or $3.95/mo fee.

      Mobile Checking

      $50 to open. No min balance. Sign up for eStatements to waive $3/mo fee. Free online bill pay.

      Individual Retirement Accounts (IRAs)

      PRODUCT
      APY

      IRA Certificate of Deposits (CDs)

      $2,500 to open. $2,500 min balance. Interest compounded & credited quarterly.

      12-Month IRA CD
      18-Month IRA CD
      24-Month IRA CD
      36-Month IRA CD
      48-Month IRA CD
      60-Month IRA CD

      IRA Savings Account

      $25 to open. Interest compounded & credited quarterly.

      Money Market Accounts

      PRODUCT
      APY

      Money Market Account

      $1,000 to open, earn, and skip $10/mo fee.

      Money Market Plus Account

      $10,000 to open, earn, and skip $10/mo fee.

      $10,000-$24,999.99
      $25,000-$49,999.99
      $50,000-$99,999.99
      $100,000 or more

      Jumbo Money Market Account

      $100,000 to open. $1,000 min to earn and skip $10/mo fee.

      $1,000-$99,999.99
      $100,000+

      Savings Accounts

      PRODUCT
      APY

      Membership Savings Account

      $5 to open. No service fees. Interest compounded & credited quarterly.

      Health Savings Account

      No min to open. No min balance. No service fees. Interest compounded & credited quarterly. Must have a HDHP.

      $0-$9,999
      $10,000-$24,999.99
      $25,000-$49,999.99
      $50,000-$99,999.99
      $100,000+

      Holiday Savings Account

      No min to open. No min balance. No service fees. Auto transfer to Canvas Checking or Savings Nov. 1.

      Personalized Savings Account

      No min to open. No min balance. No service fees.

      Next Level Savings Account

      No min to open. No min balance. No service fees. Just for college-aged young adults 18 to 24 years-old.

      $0-$1,000
      $1,000+

      Reverse Tier Savings Account

      No min to open. No min balance. No service fees. First $5,000 deposited must be funds not currently on deposit at Canvas Credit Union. Limit of one Reverse Tier Savings Account per member.

      $0-$2,000
      $2,000.01-$5,000
      $5,000.01-$10,000
      $10,000.01-$50.000
      $50,000+

      Business Accounts

      PRODUCT
      APY

      Free Business Checking Account

      $100 to open. No min balance. No monthly fee. Free online bill pay w/3 payments per mo, or $3.95/mo fee.

      Premier Business Checking Account

      $100 to open. $3,000 min balance to waive $15/mo fee. Free online bill pay w/3 payments per mo, or $3.95/mo fee.

      Business Membership Savings Account

      $5 to open. $5 min balance. Interest compounded & credited quarterly.

      Business Money Market Account

      $1,000 to open, earn, and skip the $10/mo fee. Interest compounded & credited monthly.

      $1,000-$9,999.99
      $10,000-$24,999.99
      $25,000-$49,999.99
      $50,000-$99,999.99
      $100,000+

      Business Jumbo Money Market Account

      $100,000 to open. $1,000 min to earn and skip $10/mo fee. Interest compounded & credited monthly.

      $1,000-$99,999.99
      $100,000+

      DEPOSIT RATES DISCLOSURES
      APY is Annual Percentage Yield (APY). Early withdrawal penalties and other fees may reduce earnings. Rates are subject to change at any time. Canvas Credit Union membership is required.
      *No purchase or payment of any kind is necessary to enter or win. This promotional savings account will earn 0.15% APY interest until December 31, 2020. On December 31, 2020, the account funds will automatically roll into your regular member share account, and the Save More, Win More account will be closed. You may be eligible to win prizes through the end of November 2020. All individual prizes are available up to prize amount. For more details, visit our disclosures page.
      Want to view all the fine print, visit our Disclosures web page.

      Looking for our mortgage rates?

      We're updating our mortgage rates everyday! Want to learn more about what rate you could be approved for? Call one of our MLOs to get started!

      Loan Rates

      You need to borrow to get the life you want. Whether it's a home, truck, or college education we want to help get you to your goal. We’re here to lend more than money. We’ll lend our ear, our knowledge, support, and yes funds so that you can Go Live.
      PRODUCT
      BEST RATE APR

      Car, Truck, SUV

      2018-2021 Model Year

      Terms 01-63 mos. Loan to Value (LTV) 100%+.

      2018-2021 Model Year

      Terms 64-75 mos. Loan to Value (LTV) 100%+.

      2018-2021 Model Year

      Terms 76-84 mos. Loan to Value (LTV) 100%+.

      2015-2017 Model Year

      Terms 01-63 mos. Loan to Value (LTV) 100%+.

      2015-2017 Model Year

      Terms 64-75 mos. Loan to Value (LTV) 100%+.

      2011-2014 Model Year

      Terms 01-63 mos. Loan to Value (LTV) 100%+.

      2010 or Older Model Year

      Terms 01-63 mos. Loan to Value (LTV) 100%+.

      Motorcycle

      New or used. Terms 01-60 mos. Loan to Value (LTV) max 95%.

      ATV, Boat, or Other Recreational Vehicles

      New or used. Terms 01-60 mos. Loan to Value (LTV) max 80%.

      PRODUCT
      BEST RATE APR

      Signature Loan

      $500-$10,000. Fixed payments. Terms up to 60 mos. No collateral required, rate based on credit

      Overdraft Line of Credit

      No transaction fees. Auto transfers from checking. Min $30/mo payment or 3% balance. Approved credit required.

      Secured Loan (CD Collateral)

      Min CD collateral $1,000. Terms 0-60 mos. Fixed monthly payments.

      CD Rate + 2.00%

      Secured Loan (Savings Collateral)

      Min Savings collateral $500. Terms 0-60 mos. Fixed monthly payments.

      Share Rate + 3.00%
      PRODUCT
      BEST RATE APR

      Platinum Elite Mastercard

      No annual fee.

      Platinum Elite Rewards Mastercard

      No annual fee. Earn rewards, 1 point per $1, double points on some everyday purchases.

      Classic Secured Mastercard

      $29 annual fee. $500 min collateral w/Classic Secured Mastercard 24-Month CD.

      Business Mastercard

      $69 annual fee.

      Home Equity Line of Credit

      PRODUCT
      BEST RATE APR

      Home Equity Line of Credit

      20 year terms, 10-year draw, and 10 years to pay. No Closing Costs.* Rate as of 4/1/2020.

      LOAN RATES DISCLOSURES
      APR is Annual Percentage Rate (APR). Our HELOC is a variable rate loan; the rate is tied to an index (the Prime Rate) to which a margin is added. Best Rate may vary based on personal credit history, value of collateral, loan to value (LTV), terms, and other factors. Canvas Credit Union provides details upon completion of a loan application. Rates are subject to change without notice. Canvas Credit Union membership is required.
      Want to view all the fine print, visit our Disclosures web page.
      HELOC Product: You can obtain credit advances for 120 months (the draw period). During the draw period, payments will be due on a monthly basis. Your minimum monthly payment will be established at the close of each billing cycle at an amount equal to all accrued yet unpaid finance charges. After the draw period ends, you will no longer be able to obtain credit advances and must pay your outstanding balance (the repayment period). The length of the repayment period will depend on the date and the amount of your last advance but in no event will exceed 120 months. During the repayment period, your minimum periodic payment (for variable rate balances) will be the amount necessary to fully amortize your then unpaid balance by the agreement maturity date. The minimum periodic payment will be established on the first day of such repayment period, and will be reestablished on the day: (i) any outstanding fixed rate balance is consolidated into the variable rate balance; and (ii) any interest rate change occurs.