DUCA Prime Deposits

DUCA's Prime Deposit is suited to someone who wants the security of a longer-term investment with the benefit of an increasing yield as the Prime rate moves higher. At any time, you have the option to convert your deposit to a fixed term that is equal to the time remaining to maturity. The DUCA Prime Deposit is available in 3 or 5 year terms. The 3 year term is offered at Prime minus 2%, while the 5 year deposit is Prime minus 1.5%.

All deposits are insured for up to $100,000 per plan through the Deposit Insurance Corporation of Ontario.

Effective May 3, 2008