Term Deposits

Term Deposits

All deposits are insured for up to $250,000 per account through the Deposit Insurance Corporation of Ontario. Deposits held in registered savings plans are separately insured from the deposits held in other accounts. All deposits made to RSP plans are fully insured through the Deposit Insurance Corporation of Ontario with no limit on the maximum amount.

Cashable Term Deposits
Flex20 GIC (20-month)*
1.80%
Flex30 GIC (30-month)**
2.35%
Flex40 GIC (40-month)***
2.75%
Flex50 GIC (50-month)****
3.00%
RRSP / RESP / RRIF / LIF
60 - 179 Day
0.40%
180 - 269 Day
0.50%
270 - 364 Day
0.60%
1 Year
2.80%
18 Month
1.35%
2 Year
2.90%
3 Year
1.65%
4 Year
1.90%
5 Year
3.15%
7 Year
2.25%
Non-Redeemable Term Deposit / TFSA
60 - 179 Day
0.40%
180 - 269 Day
0.50%
270 - 364 Day
0.60%
1 Year
2.80%
18 Month
1.35%
2 Year
2.90%
3 Year
1.65%
4 Year
1.90%
5 Year
3.15%
7 Year
2.25%
Redeemable Term Deposit
32 - 59 Day
0.25%
60 - 89 Day
0.30%
90 - 119 Day
0.35%
120 - 179 Day
0.40%
180 - 269 Day
0.45%
270 - 364 Day
0.50%
1 Year
0.75%
2 Year
1.10%
3 Year
1.30%
4 Year
1.40%
5 Year
1.50%
7 Year
1.75%
US$ 32 - 365 Day (min. $5,000)
0.40%

All rates stated are per annum. All CDN$ term deposits, RRSPs, RRIFs, RESPs, and LRIFs have a $500 minimum. On non-redeemable term deposits, interest is paid or compounded annually.

*Cashable after 12 months at 0.80%. Available in non-registered, RRSP, TFSA, RRIF and LIRA plans. 

**Cashable after 12 months at 1.35%. Available in non-registered, RRSP, TFSA, RRIF and LIRA plans. 

***Cashable after 12 months at 1.75%. Available in non-registered, RRSP, TFSA, RRIF and LIRA plans. 

****Cashable after 24 months at 2.35%.  Minimum deposit of $100,000. Available in non-registered, RRSP, TFSA, RRIF and LIRA plans.

Contact your branch for more information or call Member Connect at 1-866-900-3822.