Term Deposit Rates

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TERM DEPOSIT RATES

Scroll down for: Long Term Rates, TFSA Rates, USD Short Term Rates, USD Long Term Rates and Escalator Rates

Short Term

(RATES EFFECTIVE 2022-09-26)

List of rates for REDEEMABLE TERM DEPOSITS (WITH PENALTY)
REDEEMABLE TERM DEPOSITS (WITH PENALTY)	Rate
30- 59 days	0.40
60-89 Days	0.60
90-119 Days	0.75
120-179 Days	1.15
180-269 Days	1.75
270-364 Days	2.00

(RATES EFFECTIVE 2023-07-07)

List of rates for SHORT TERM NON-REDEEMABLE TERM DEPOSITS
SHORT TERM NON-REDEEMABLE TERM DEPOSITS	Rate
30- 59 days	0.75
60-89 Days	1.25
90-119 Days	1.50
120-179 Days	1.75
180-269 Days	2.50
270-364 Days	3.00

30 day to two year redeemable terms may be redeemed at a discount 29 days after the date of deposit
Short terms and 1 year terms pay interest at maturity date

Members have the option to have this interest paid into their account or back into their term.

All rates subject to change without notice.

Long Term

(RATES EFFECTIVE 2023-08-23)

List of rates for LONG TERM REDEEMABLE TERM DEPOSITS
LONG TERM REDEEMABLE TERM DEPOSITS	Rate
1 Year	3.50
18 Month	3.45
2 Years	3.40
3 Years	3.20
4 Years	3.00
5 Years	3.00

(RATES EFFECTIVE 2023-11-23)

List of rates for LONG TERM NON-REDEEMABLE TERM DEPOSITS
LONG TERM NON-REDEEMABLE TERM DEPOSITS	Rate
1 Year	4.80
18 Month	5.00
18 Month Variable Convertible Non-Redeemable	5.20
2 Years	4.70
3 Years	4.50
4 Years	4.55
5 Years	4.65

30 day to two year redeemable terms may be redeemed at a discount 29 days after the date of deposit
Three to five year redeemable term deposits will have a discount if redeemed within 364 days
Short terms and 1 year terms pay interest at maturity date
Two to five year terms pay interest annually on the anniversary date

Members have the option to have this interest paid into their account or back into their term.

All rates subject to change without notice.

Escalator Term Deposits

(RATES EFFECTIVE 2023-10-18 )

List of rates for 3 YEAR REDEEMABLE ESCALATOR TERM DEPOSIT
3 YEAR REDEEMABLE ESCALATOR TERM DEPOSIT	Rate
Escalating Term Deposit - 3 Yr Investment, Year 1	3.75
Escalating Term Deposit - 3 Yr Investment, Year 2	4.50
Escalating Term Deposit - 3 Yr Investment, Year 3	5.00

(RATES EFFECTIVE 2023-10-18 )

List of rates for 3 YEAR NON- REDEEMABLE ESCALATOR TERM DEPOSIT
3 YEAR NON- REDEEMABLE ESCALATOR TERM DEPOSIT	Rate
Escalating Term Deposit - 3 Yr Investment, Year 1	4.00
Escalating Term Deposit - 3 Yr Investment, Year 2	4.50
Escalating Term Deposit - 3 Yr Investment, Year 3	5.30

(RATES EFFECTIVE 2023-11-23)

List of rates for 5 YEAR REDEEMABLE ESCALATOR TERM DEPOSIT
5 YEAR REDEEMABLE ESCALATOR TERM DEPOSIT	Rate
Escalating Term Deposit - 5 Yr Investment, Year 1	3.50
Escalating Term Deposit - 5 Yr Investment, Year 2	4.00
Escalating Term Deposit - 5 Yr Investment, Year 3	4.50
Escalating Term Deposit - 5 Yr Investment, Year 4	4.75
Escalating Term Deposit - 5 Yr Investment, Year 5	5.25

(RATES EFFECTIVE 2023-11-23)

List of rates for 5 YEAR NON- REDEEMABLE ESCALATOR TERM DEPOSIT
5 YEAR NON- REDEEMABLE ESCALATOR TERM DEPOSIT	Rate
Escalating Term Deposit - 5 Yr Investment, Year 1	4.00
Escalating Term Deposit - 5 Yr Investment, Year 2	4.25
Escalating Term Deposit - 5 Yr Investment, Year 3	4.50
Escalating Term Deposit - 5 Yr Investment, Year 4	5.00
Escalating Term Deposit - 5 Yr Investment, Year 5	5.50

Sunshine Coast Escalator Terms are also RRSP eligible.

Minimum Deposit Required:

RRSP - $500
Non RRSP - $1,000

All rates subject to change without notice.

TFSA

(RATES EFFECTIVE 2023-11-23)

List of rates for TFSA TERM DEPOSITS
TFSA TERM DEPOSITS	Rate
1 Year Non-Redeemable	4.80
18 Month Non-Redeemable	5.00
18 Month Variable Non-Redeemable	5.20
2 Years Non-Redeemable	4.70
3 Years Non-Redeemable	4.50
4 Years Non-Redeemable	4.55
5 Years Non-Redeemable	4.65

List of rates for SAVINGS RATE OPTION
SAVINGS RATE OPTION	Rate
Variable Rate	1.60

All rates subject to change without notice.

USD Short Term

(RATES EFFECTIVE 2022-12-08)

List of rates for U.S. TERM DEPOSITS SHORT TERM REDEEMABLE
U.S. TERM DEPOSITS SHORT TERM REDEEMABLE	Rate
30- 59 days	0.35
60-89 Days	0.60
90-119 Days	0.70
120-179 Days	0.85
180-269 Days	1.10
270-364 Days	1.35

(RATES EFFECTIVE 2022-12-08)

List of rates for U.S. TERM DEPOSITS SHORT TERM NON-REDEEMABLE
U.S. TERM DEPOSITS SHORT TERM NON-REDEEMABLE	Rate
30- 59 days	1.00
60-89 Days	1.25
90-119 Days	1.35
120-179 Days	1.50
180-269 Days	1.75
270-364 Days	2.00

All rates subject to change without notice.

USD Long Term

(RATES EFFECTIVE 2022-12-08)

List of rates for U.S. TERM DEPOSITS LONG TERM REDEEMABLE
U.S. TERM DEPOSITS LONG TERM REDEEMABLE	Rate
1 Year	2.35
2 Years	2.60
3 Years	2.80
4 Years	2.85
5 Years	3.00

(RATES EFFECTIVE 2022-12-08)

List of rates for U.S. TERM DEPOSITS LONG TERM NON-REDEEMABLE
U.S. TERM DEPOSITS LONG TERM NON-REDEEMABLE	Rate
1 Year	3.00
2 Years	3.25
3 Years	3.45
4 Years	3.50
5 Years	3.65

^{Products, features and rates are subject to change without notice. In the event of a discrepancy between the rates posted on this website and the official rates posted in our branches, the latter shall prevail.}