1-3 YEAR TERM DEPOSITS

This is a longer term investment option that earns a higher rate of interest than a chequing account, savings account or short term deposit

Minimum deposit of $500.00

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FEATURES
BENEFITS
  • Term lengths of one, two and three years available
  • Interest rate is guaranteed for the whole rate of the term
  • Interest compounds annually in your deposit
  • Higher rate of return than savings accounts or short term deposits A maturity notice is sent out ten days before maturity
  • At maturity, deposits can be added to or wihdrawn from
  • Rolled over terms can have interest either compounded or deposited to an account
  • You can design your locked in deposit to suit your cash flow needs
  • Fluctuations in interest rates don't affect your locked in term
  • Interest is earned on interest already paid into your deposit - your money is working harder for you
  • A great way to earn more interest on your savings to help you achieve your long range goals
  • You can plan what your needs are at the time of maturity - no need to make hasty decisions and be sorry later
  • The flexibility to design your deposit to suit your personal needs and goals while earning the maximum interest rate available