Prime Rate
7.25%
Rate effective 2023-01-27
Non-Redeemable GIC – no early redemption
Redeemable GIC redemption policies
- Prior to 30 days – No Interest Paid
- After 30 days – 2.25% Penalty to a minimum rate paid on the deposit of 0%
Personal
| Non-Redeemable GIC (Rates effective 2022-11-30) | Rates |
|---|---|
| 30 - 59 Days | 1.00% |
| 60 - 89 Days | 1.25% |
| 90 - 119 Days | 1.50% |
| 120 - 179 Days | 1.50% |
| 180 - 269 Days | 1.50% |
| 270 - 364 Days | 1.90% |
| 1 Year | 2.00% |
| 2 Year | 2.50% |
| 3 Year | 2.75% |
| 4 Year | 3.25% |
| 5 Year | 3.50% |
| Redeemable GIC (Rates effective 2022-11-07) | Rates |
|---|---|
| 30 - 59 Days | 0.75% |
| 60 - 89 Days | 1.00% |
| 90 - 119 Days | 1.25% |
| 120 - 179 Days | 1.25% |
| 180 - 269 Days | 1.50% |
| 270 - 364 Days | 1.65% |
| 1 Year | 1.90% |
| 2 Year | 2.40% |
| 3 Year | 2.65% |
| 4 Year | 2.75% |
| 5 Year | 2.95% |
Commercial
| Commercial Member Redeemable GIC – 12 Month Term – Redeemable After 30 Days (Rates effective 2022-11-07) | Rates |
|---|---|
| $1,000 - $49,999 | 2.10% |
| $50,000 - $99,999 | 2.85% |
| $100,000 and Over | 3.10% |
