Rates

All rates are provided for information purposes only and are subject to change without notice. Terms and conditions may apply.

ACCOUNT RATES

Personal Accounts Rates

No-fee Chequing Account0.00%
Savings Account0.25%
Daily Interest Savings Account0.25%
US Dollar Account0.01%
RRSP/RRIF (Variable)0.25%
TFSA (Variable)0.25%


Business Account Rates

Business Chequing Account0.00%
Business Savings Account0.25%

INVESTING RATES

Term Deposits (Non-redeemable)

1 year1.35%

2 years

1.50%

2-year promotional rate¹1.80%
3 years1.60%
4 years1.70%
5 years1.80%
¹Rate available on new funds transferred from another financial institution.


Term Deposits (Redeemable)

1 year1.00%


Growing Rate Term Deposit (Non-redeemable)²

1 year1.40%
2 years1.55%
3 years1.65%
4 years1.85%
5 years3.05%

Effective Yield

²Not redeemable before maturity, but with an option to redeem on 3-year anniversary.


1.90%

Growing Rate Term Deposit (Redeemable)³

1 year1.35%
2 years1.50%
3 years1.60%
4 years1.75%
5 years2.80%

Effective Yield

³Option to redeem every year on the deposit anniversary.

1.80%

BORROWING RATES

Moya Prime Rate      

3.45%


Residential Mortgage Rates

1 year (Open, starting at)3.50%
5 years (Open, starting at)3.50%
1 year (Closed, starting at)3.25%
2 years (Closed, starting at)3.50%
3 years (Closed, starting at)3.50%
4 years (Closed, starting at)3.50%
5 years (Closed, starting at)2.50%


Variable Mortgage Products

Variable Rate (Open, starting at)Prime + 0.20%
Variable Rate (Closed, starting at)Prime + 0.00%
Construction Mortgage (starting at)6.00%


Commercial Loans

Commercial Loans (starting at)4.75%


Borrowing

Student Financing (starting at)Prime + 1.00%
Overdraft Protection 19.50%
Unauthorized Overdrafts 24.50%
Line of Credit (Secured, starting at)Prime + 1.00%
Line of Credit (Unsecured, starting at)Prime + 3.25%
Personal Loans (starting at)Prime + 3.25%
Vehicle Financing (Variable, starting at)Prime + 1.00%
Bridge Loan (starting at)Prime + 2.30%
MeritLine (HELOC) (starting at)Prime + 1.00%