Tools & Services

Rates Summary

Effective: July 27, 2010

To view rates, click on the headings below.

Lending Rates

Prime Lending Rate 2.75%

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 4.75% 6.75%
1 Year 3.50% 6.75%
2 Year 3.85% N/A
3 Year 4.40% N/A
4 Year 5.44% N/A
5 Year 5.79% N/A
7 Year 6.75% N/A

Variable Mortgage

Floating Rate: (Prime + 0.50%: Currently 3.25%)**
** 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

.10%

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 0.15% 0.40%
60 to 89 days 0.25% 0.50%
90 to 119 days 0.35% 0.60%
120 to 179 days 0.45% 0.70%
180 to 364 days 0.50% 0.75%

Long Term

Interest calculated and paid annually.

Term Redeemable Non-Redeemable
1 year 0.55% 1.25%
2 year 1.25% 1.50%
3 year 1.25% 1.50%
4 year 1.45% 1.70%
5 year 1.85% 2.10%

In Our Community