Rates

All rates as of September 30th, 2020

Investing

Term Deposits/Guaranteed Investment Certificates (GICs)

Term Deposit length   Rate (%)
1 yr. Special rate min $500 0.65
30 Day Non-Callable 0.10
60 Day Non-Callable 0.20
90 Day Non-Callable 0.25
120 Day Non-Callable 0.25
180 Day Non-Callable 0.35
270 Day Non-Callable 0.45
1 Year Non-Callable 0.60
2 Year Non-Callable 0.70
3 Year Non-Callable 0.85
4 Year Non-Callable 0.90
5 Year Non-Callable 1.00

High Interest Savings Account (HISA)  

HISA balance   Rate (%)
$0 - $9,999                     0.45
$10,000 - $24,999 0.45
$25,000 - $99,999 0.45
$100,000 or more 0.60

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

RRSP/RRIF/TFSA Posted Term Rates (min. $500)

Term Deposit Length Rate (%)
1 Year Special rate  0.65
1 Year Non-Callable 0.60
2 Year Non-Callable 0.70
3 Year Non-Callable 0.90
4 Year Non-Callable 1.00
5 Year Non-Callable 1.15

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)

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

Term Deposit Length Rate (%)
20 Month Special  1.25
1 Year Non-Callable 0.70
2 Year Non-Callable 0.80
3 Year Non-Callable 0.95
4 Year Non-Callable 1.10
5 Year Non-Callable 1.25

Borrowing

First Mortgages - Term rates
Posted / Discount** Rates Rate (%)
Basic Variable Rate Mtg        3.45
Fixed - 6 month - Open 6.25
Fixed - 6 Month - Closed 3.75
Fixed - 1 year - Open 6.25
Fixed - 1 year - Closed

3.09

Fixed - 2 year - Closed 3.19
Fixed - 3 year - Closed 3.69
Fixed - 4 year - Closed 4.09
Fixed - 5 year - Closed 4.79
Fixed - 1 yr - Discount  2.99
Fixed - 2 yr - Discount  2.89
Fixed - 3 yr - Discount  2.69
Fixed - 4 yr - Discount  2.59
Fixed - 5 yr - Discount  2.49
Base rate (Apr 7, 2020 - KCCU prime)  3.95

Errors and omissions excepted - Please call to confirm.

* Special rate applies to 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.