Welcome to Banking Enlightened
You asked, we listened. Introducing Ontario’s first and only financial institution dedicated to serving and benefiting our community.
Lighthouse’s mission is to become the financial institution of choice for the diverse community we serve
We recognize the importance of diversity and inclusivity and have fostered a leadership team to reflect these qualities. With over 50 years of expertise in the professional services industry, our dedicated team aims to provide tailored products for the unique needs of our community.
The main purpose and goal of Lighthouse is to provide the Toronto Jewish Community, and the community at large, the opportunity to be served by a financial institution that understands their unique needs and can serve as a catalyst for community-oriented economic development and charitable initiatives.
Why Now?
Times and economic conditions have changed, making home ownership and attainment of certain financial goals progressively more costly and out of reach for many people in our community. This has created a unique opportunity for an innovative institution to provide financial products and services that can help address these challenges. Lighthouse Credit Union was created for this reason.
Features of our Mortgages
45-day rate guarantees
Get your rate guaranteed for 45 days.
Flexible prepayment options
Each year you can make prepayments up to 25% every calendar year with no penalties.
Increased payment options
We allow customers to increase their payments by 25% (on top of the original payment amount) with no penalty.
Fixed rate mortgages
A fixed rate Mortgage allows you to take advantage of a fixed interest rate for the duration of your term. This protects you when interest rates fluctuate, as your rate is guaranteed to stay the same.
Mortgage Offers
Alternative Non-Conforming Mortgage
AlternativeNon-Conforming Mortgage
1-year closed
starting from
6.99%
Invest with Lighthouse GICs
A Guaranteed Investment Certificate (GIC) is a secure low-risk investment. When you buy a GIC, you choose how long you want to invest your money for. At the end of the selected term, you are guaranteed 100% of your original principal amount, while earning a fixed rate.
| Terms | Rates |
|---|---|
| 1 Year | 3.71% |
| 2 Year | 3.60% |
| 3 Year | 3.56% |
| 4 Year | 3.46% |
| 5 Year | 3.71% |
Testimonials
Your Deposits Are Protected
At Lighthouse Credit Union, eligible deposits in non-registered accounts are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA).
