Term Deposits / GICs
| Regular Term Deposits / GICs | Rates |
|---|---|
| 30 Days | 1.00% |
| 90 Days | 1.35% |
| 120 Days | 1.35% |
| 180 Days | 1.35% |
| 1 Year | 2.95% |
| 2 Years | 3.15% |
| 3 Years | 3.35% |
| 4 Years | 3.50% |
Minimum deposit amount is $1,000. Rate shown for annual interest. Interest on term deposits of 1 year or less, is calculated on the term deposit principal and paid at maturity. Interest on 2 to 5 year term deposits, is calculated on the term deposit principal and paid or compounded annually.
| 5 Year Step-It-Up Term Deposit* | Rates |
|---|---|
| 1st Year | 2.95% |
| 2nd Year | 3.25% |
| 3rd Year | 3.80% |
| 4th Year | 4.00% |
| 5th Year | 4.50% |
*Some conditions may apply. Option to cash in or make a partial withdrawal on the anniversary date each year applies to non-registered terms only. Minimum deposit amount – Registered Term Deposit $500; Non-Registered Term Deposit $1,000. Term Deposit Rate shown for annual interest. Interest is calculated on the term deposit principal and paid or compounded annually.