| Checking & Savings |
| Effective Date: Saturday, March 6th, 2021 |
| Balance | APR* | APY** |
| Primary Savings |
| Minimum to open: $5.00. Minimum to earn dividends: $5.00 |
| All balances | 0.05% | 0.05% |
| Business Savings, Special Savings, Holiday Savings and IRA Savings |
| Minimum to open $5.00. Minimum to earn dividends: None |
| All balances | 0.20% | 0.20% |
| Secured Visa Savings |
| Minimum to open: Tied to VISA limit. Minimum to earn dividends: None |
| All balances | 0.20% | 0.20% |
| Checking and Business Checking |
| Minimum to open: $10.00. Minimum to earn dividends: None |
| Up to $24,999.99 | 0.00% | 0.00% |
| $25,000 and over | 0.25% | 0.25% |
Comparing the best CD rates—the annual percentage yield, or APY—is an excellent place to start when shopping for a certificate of deposit. But the best CDs are those that most closely align. Bank/Credit Union. Meridian Credit Union British Columbia and National GIC Rates. Laurentian Bank British Columbia and National GIC Rates. Plus, despite the fact that term deposit rates have dropped it is still possible to lock one in above 1%. If you’re looking for a more competitive term deposit rate, you won’t find it with the. Compare term deposit rates March 2021 We know interest rates aren't as high as they used to be. But a term deposit is still a low risk, safe way to earn a guaranteed return on your money while you.
Canadian Term Deposit Rates
| Money Market Savings & IRA Money Market Savings |
| Effective Date: Saturday, March 6th, 2021 |
| Minimum to open: $1,000.00 Minimum to earn dividends: None |
| Balance | APR* | APY** |
| Up to $9,999.99 | 0.15% | 0.15% |
| $10,000 - $24,999.99 | 0.20% | 0.20% |
| $25,000 - $49,999.99 | 0.25% | 0.25% |
| $50,000 - $99,999.99 | 0.30% | 0.30% |
| $100,000 and over | 0.40% | 0.40% |
| Share Certificates & IRA Certificates |
| Effective Date: Saturday, March 6th, 2021 |
| Minimum to open: $500.00 Minimum to earn dividends: $500.00 |
| Term | APR* | APY** |
| 6 Month | 0.30% | 0.30% |
| 12 Month | 0.40% | 0.40% |
| 24 Month | 0.65% | 0.65% |
| 36 Month | 0.75% | 0.75% |
| 48 Month | 0.85% | 0.85% |
| 60 Month | 1.00% | 1.00% |
| Certificate early withdrawal penalties may apply. The rate contracted for all certificates will remain in effect for the entire term of the certificate. Refer to the Universal Account Agreement for account details. |
| Promotional Share Certificates |
| Effective Date: Saturday, March 6th, 2021 |
| Term | APR* | APY** |
| Bump-Up 36 Month Certificate | 0.50% | 0.50% |
| Minimum to open: $5,000.00. Minimum to earn dividends: $5,000.00 |
| Certificate early withdrawal penalties may apply. The rate contracted for all certificates will remain in effect for the entire term of the certificate. Refer to the Universal Account Agreement for account details. |
If rates rise during the term of your certificate, a bump-up certificate allows you to increase your rate up to the currently advertised rate one time during your term. Bumped rate applies to remaining term on certificate. Certificate will automatically renew as a traditional 36-month certificate. Click here to learn more.
*APR=Annual Percentage Rate. Loan rates determined by individual creditworthiness, qualifications, term of loan and collateral conditions including age of vehicle. Rates, terms and conditions subject to change.
**APY= Annual Percentage Yield. Rates, terms and conditions are subject to change. Savings, Checking and Money Market accounts are variable rate. Fees and other conditions may reduce earnings on the account.
Term Deposit Interest Rates
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