Libro Credit Union GIC rates compared
Libro Credit Union's best posted rate is 3.25% on a 3-year term. The best rate available in Canada for that term is 4.05%, from WealthONE Bank of Canada. Both are covered, Libro Credit Union by FSRA.
Get Libro GICsHow do Libro Credit Union's GIC rates compare to the best in Canada?
On a 5-year term Libro Credit Union posts 3.20% against 4.30% from WealthONE Bank of Canada, the best we track. Every term it publishes is compared the same way below.
| Term | Libro Credit Union | Best in Canada | Gap | Leader |
|---|---|---|---|---|
| 1-year | 3.05% | 3.70% | −0.65 pts | WealthONE Bank of Canada |
| 2-year | 3.15% | 3.95% | −0.80 pts | WealthONE Bank of Canada |
| 3-year | 3.25% | 4.05% | −0.80 pts | WealthONE Bank of Canada |
| 4-year | 3.20% | 4.10% | −0.90 pts | WealthONE Bank of Canada |
| 5-year | 3.20% | 4.30% | −1.10 pts | WealthONE Bank of Canada |
Is Libro Credit Union's GIC covered by FSRA?
Yes, though not by CDIC. Libro Credit Union is a credit union regulated in Ontario, so its deposits are protected to $250,000 by the Financial Services Regulatory Authority of Ontario rather than to CDIC's $100,000.
Ontario. Eligible deposits in registered accounts are covered without limit; non-registered deposits are covered to $250,000.
Where do these Libro Credit Union rates come from?
Directly from Libro Credit Union's own posted rate page at libro.ca, read by hand on 2026-09-06. The page dates the rates themselves 2026-08-18.
All 10 terms Libro Credit Union posts were captured in that read. No aggregator, no feed, no affiliate link.
Libro Credit Union's posted rates on libro.caHow we collect and check ratesWho should buy a GIC from Libro Credit Union?
People who already bank at Libro Credit Union, mostly. It does not lead any term we track, so what is left is the convenience of not moving money, priced below.
Common questions about Libro Credit Union GICs
What is Libro Credit Union's minimum GIC deposit?
$1,000, at the top of the $100 to $1,000 range the 23 published minimums cover. It is the common figure rather than an unusual one: several higher-paying issuers ask the same.
Does Libro Credit Union have the best GIC rate in Canada?
Not on a 5-year term. Libro Credit Union posts 3.20% there, against 4.30% from WealthONE Bank of Canada: a gap of 1.10 points on the same term, for the same non-redeemable product. The table above runs the same comparison across all 5 terms.
Which GIC terms does Libro Credit Union offer?
10 terms are posted on libro.ca, from 30–59 days to 5 years. The comparison table above covers the 5 annual terms where enough issuers publish a rate for a market comparison to mean anything.
Does Libro Credit Union pay GIC interest monthly?
Libro Credit Union does not post a separate interest-paid-monthly rate on libro.ca, so we do not publish one. Where an issuer posts one it is always lower than the compounding rate, which makes it worth asking before you choose monthly income.
Are these Libro Credit Union rates promotional?
No. These are Libro Credit Union's standard posted rates, which its own page dates 2026-08-18; we read them on 2026-09-06. Limited-time promotions are noted separately rather than used to move an institution up the ranking, because a promotional rate that expires before your term does is not a rate you can rely on.
How we collect and check ratesWhat would Libro Credit Union's 1-year rate pay on your deposit?
On $50,000 it pays $1,525 in interest over the full term. Change the amount to see what that becomes on yours, then compare it against the leader.
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Independent and unaffiliated. Rates are read from Libro Credit Union's own posted page at libro.ca and may change without notice. Educational information only, not financial advice. Published by Croton Holdings LLC. Corrections to daniel@crotoncontent.com.