Tools & Services

Rates Summary

Effective: January 16, 2012

To view rates, click on the headings below.

Lending Rates

Prime Lending Rate 3.00%

Personal Loans, Commercial Mortgages and Commercial Loans
Please contact your local branch representative for current rates.

Residential First Mortgage Rates

Term Closed Open
6 Month 4.45% 6.30%
1 Year 3.50% 6.30%
2 Year 3.85% N/A
3 Year 3.95% N/A
4 Year 4.64% N/A
5 Year 5.14% N/A
7 Year 6.35% N/A

Variable Mortgage

Floating Rate: (Prime + 0.1%: Currently 3.10%)**
** Interest compounded monthly. 3-year closed term.

Personal Chequing and Savings Account Rates

Basic Chequing
Interest earned when minimum monthly balance exceeds $1,000, paid quarterly
0.03%
Maximizer
Tiered interest calculated daily and paid monthly
$0 to 2,000 Nil
$2,001 to 5,000 0.03%
$5,001 to 25,000 0.07%
$25,001-50,000 0.07%
$50,001+ 0.15%
US Dollar Account

Tiered interest calculated monthly, paid monthly

$0 to 500 Nil
$501 to 5,000 0.03%
$5,001+ 0.10%
Plan 24 Savings

Calculated daily and paid monthly. Add .07% for golden accounts

0.03%
Investment Savings

Tiered interest calculated daily and paid monthly

$0 to 5,000 0.03%
$5,001 to 25,000 0.10%
$25,000 to 50,000 0.15%
$50,001 to 100,000 0.20%
$100,001 + 0.30%
RRSP & RRIF Variable Savings

Calculated daily and paid semiannually

.15%

Business Account Rates

Business Chequing

Calculate monthly and paid quarterly

0.03%
Business Maximizer©

Tiered interest calculated daily and paid monthly

$0 to 5,000 Nil
$5,001 to 10,000 0.03%
$10,001 to 25,000 0.07%
$25,001 to 50,000 0.07%
$50,001+ 0.15%

Term Deposit Rates

Minimum investment of $1,000

Short Term

Interest calculated and paid at maturity

Term Redeemable Non-Redeemable
30 to 59 days 0.25% 0.50%
60 to 89 days 0.35% 0.60%
90 to 119 days 0.50% 0.75%
120 to 179 days 0.50% 0.75%
180 to 364 days 0.55% 0.80%

Long Term

Interest calculated and paid annually.

Term Redeemable Non-Redeemable
1 year 0.75% 1.00%
2 year 1.05% 1.30%
3 year 1.15% 1.40%
4 year 1.35% 1.60%
5 year 1.60% 1.85%

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