Term Deposits

Promotional Term Deposits (Rates effective 2022-08-19) Rates
90 Day Term Deposit 1.95%
1 Year Redeemable Term Deposit 3.00%
1 Year Fixed Term Deposit 4.10%
18 - 23 Month Term Deposit 4.30%
2 Year Fixed Term Deposit 4.40%
3 Year Fixed Term Deposit 4.10%
4 Year Term Deposit 4.20%
5 Year Fixed Term Deposit 4.30%
90 Day Term Deposit
Special promotional rate may be changed or withdrawn at any time without notice. Existing term deposits cannot be broken to receive this offer. Simple interest calculated on the principal amount for the number of days in the term deposit and paid at maturity (principal x rate x number of days / 365 days). Rate shown for annual interest. Minimum investment $500; Maximum investment $500,000. Cashable upon maturity only. Available to personal and non-personal accounts. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day’s date.
1 Year Redeemable Term Deposit
Special promotional rate may be changed or withdrawn at any time without notice. Existing term deposits cannot be broken to receive this offer. Rate shown for annual interest. Annual compound interest paid at redemption or at maturity. If term is redeemed after 60 days prior to the 1 year anniversary, simple interest will be calculated on the principal amount for the number of days in the term and paid at redemption (principal x rate x number of days / 365 days). Minimum investment $500; Maximum investment $500,000. Cashable any time after 60 days. Available to personal and non-personal accounts. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day’s date.
1 Year Term Deposit, 18-23 Month Term Deposit, 2 Year Term Deposit, 3 Year Term Deposit, 4 Year Term Deposit, 5 Year Term Deposit
Special promotional rate may be changed or withdrawn at any time without notice. Existing term deposits cannot be broken to receive this offer. Rate shown for annual interest. Annual compound interest paid monthly or annually. Minimum investment $500; Maximum investment $500,000. Cashable upon maturity only. Available to personal and non-personal accounts. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day’s date.
Redeemable - Paid Annually Rates
1 Year 0.65%
Non-Redeemable - Paid Annually Rates
1 Year 3.40%
18 - 23 Month 3.60%
2 Years 3.75%
3 Years 3.85%
4 Years 3.95%
5 Years 4.05%
3 Year Escalator Step Up - Paid Annually (3) Rates
12 Months 0.70%
24 Months 0.95%
36 Months 1.80%
5 Year Escalator Step Up - Paid Annually (1) Rates
12 Months 0.85%
24 Months 0.95%
36 Months 1.05%
48 Months 1.65%
60 Months 1.75%

(1) Effective yield held to maturity 1.20%, (2) Registered Terms pay interest annually, (3) Effective yield held to maturity 1.17%

Redeemable Term Deposits - RRSP & RRIF available.  $100 minimum deposit for children and $500 minimum deposit for adults.

Non-Redeemable Term Deposits - RRSP, RRIF and TFSA available.  $1,000 minimum deposit.  RRSP terms pay interest annually.

Escalator Step Up Term Deposits - RRSP and TFSA available.  Cashable only at yearly anniversary.  $1,000 minimum deposit.

Note: Rates are provided for information purposes only and are subject to change at any time.