INTEREST RATESEffective November 18th, 2022 |
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PRIME RATEEffective October 27th, 2022 |
5.95% | |
OVERDRAFT RATE |
Prime (5.95%) + 10% | |
PLAN 24 SAVINGS |
2.25% | |
IBC YOUTH / SERVICE CLUBS |
2.25% | |
IBC – tiered |
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| $0 to $999.99 | 0.00% | |
| $1,000.00 to $ 4,999.99 | 2.00% | |
| $5,000.00 to $9,999.99 | 2.10% | |
| $10,000.00 & OVER | 2.35% | |
TFSA Variable – tiered |
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| $0 to $4,999.99 | 2.00% | |
| $5,000.00 to $9,999.99 | 2.10% | |
| $10,000 & OVER | 2.35% | |
AGRI-INVEST – tiered |
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| $0 to 4,999.99 | 2.00% | |
| $5,000.00 to $9,999.99 | 2.10% | |
| $10,000.00 and OVER | 2.35% | |
TERM DEPOSITS |
Redeemable | Non-Redeemable |
| 30 – 59 days | 2.35% | |
| 60 – 89 Days | 2.50% | |
| 90 – 179 Days | 2.75% | |
| 180 – 269 Days | 3.00% | |
| 270 – 364 Days | 3.25% | |
TERM DEPOSITS – including TFSA |
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| 12 – 17 Months | 4.25% | |
| 18 – 29 Months | 4.45% | |
| 30 – 36 Months | 4.50% | |
| 48 Months | 4.55% | 4.60% |
| 60 Months | 4.60% | 4.75% |
RRSP |
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| Variable | 2.25% | |
| 12 – 17 Months | 4.25% | |
| 18 – 29 Months | 4.45% | |
| 30 – 36 Months | 4.50% | |
| 48 Months | 4.60% | |
| 60 Months | 4.75% | |
RRIF |
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| Variable | 2.25% | |
| 12 – 17 Months | 4.25% | |
| 18 – 29 Months | 4.45% | |
| 30 – 36 Months | 4.50% | |
| 48 Months | 4.60% | |
| 60 Months | 4.75% | |
| EARLY REDEMPTION PENALTY: The lessor of 3% of the principle amount of the term deposit or the accrued interest (plus interest already paid in the case of a 2, 3, 4 or 5 year term deposit)
INTEREST RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE |