Redeemable Term Deposits

With terms ranging from 32 days up to 7 years, the Redeemable Term Deposit is ideally suited for members who prefer the flexibility of short-term deposits. You'll benefit from a guaranteed return on your investments and earn a higher rate than with regular savings accounts.

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

Effective May 3, 2008

32 - 59 days1.90%
60 - 89 days1.95%
90 - 119 days2.00%
120 - 179 days2.05%
180 - 269 days2.10%
270 - 364 days2.20%
1 to less than 2 years2.90%
2 to less than 3 years2.95%
3 to less than 4 years3.00%
4 to less than 5 years3.05%
5 to less than 7 years3.10%
7 years3.15%
US$ 32 - 365 days (min. $5,000)1.00%

earn a higher rate than regular savings plans