Rates

All rates as of March 25, 2020

Investing

Term Deposits/Guaranteed Investment Certificates (GICs)

Term Deposit length   Rate (%)
1 yr. Special rate < $10K 2.00
30 Day Non-Callable 0.10
60 Day Non-Callable 0.30
90 Day Non-Callable 0.35
120 Day Non-Callable 0.35
180 Day Non-Callable 0.45
270 Day Non-Callable 0.50
1 Year Non-Callable 1.20
2 Year Non-Callable 1.25
3 Year Non-Callable 1.30
4 Year Non-Callable 1.40
5 Year Non-Callable 1.50

High Interest Savings Account (HISA)  

HISA balance   Rate (%)
$0 - $9,999                     1.00
$10,000 - $24,999 1.00
$25,000 - $99,999 1.00
$100,000 or more 1.25

Details available under "Personal Accounts" (scroll down to end)

RRSP/RRIF/TFSA Term Rates (under $10,000)

Term Deposit Length Rate (%)
1 yr Special rate <$10K 2.00
1 Year Non-Callable 1.20
2 Year Non-Callable 1.25
3 Year Non-Callable 1.30
4 Year Non-Callable 1.40
5 Year Non-Callable 1.50

The interest rate is an annual rate, interest earned is paid on maturity. Interest rates are subject to change without notice.

RRSP/RRIF/TFSA/Term Bonus Rates (Min. $10,000 - New Money - Limited time offer)

Term Deposit Length Rate (%)
18 mo yr Special rate >$10K* 2.25
1 yr - Non-Callable 2.15
2 yr. - Non-Callable 2.05
3 yr. - Non-Callable 2.05
4 yr. - Non-Callable 2.10
5 yr. - Non-Callable 2.15

Note: The interest rate is an annual rate, interest earned is paid on maturity. Interest rates are subject to change without notice.

Borrowing

First Mortgages - Term rates
Posted / Discount** Rates Rate (%)
Basic Variable Rate Mtg        4.20
Fixed - 6 month - Open 6.95
Fixed - 6 Month - Closed 4.20
Fixed - 1 year - Open 6.70
Fixed - 1 year - Closed

3.59

Fixed - 2 year - Closed 3.54
Fixed - 3 year - Closed 4.05
Fixed - 4 year - Closed 4.29
Fixed - 5 year - Closed 4.99
Fixed - 1 yr - Discount ** inquire
Fixed - 2 yr - Discount ** inquire
Fixed - 3 yr - Discount ** inquire
Fixed - 4 yr - Discount ** inquire
Fixed - 5 yr - Discount ** inquire
Base rate (Mar 19, 2020 - KCCU prime)  4.20

Errors and omissions excepted - Please call to confirm.

* Special rate minimum $10,000 new funds only - time-limited offer may be discontinued at any time.

** All Discount rates are OAC (On approved credit) - Qualifying is based on credit and geography.