The WestEarner® RRSP Demand Account
At CWB, we make it easy to maintain your RRSP contributions. Featuring the ultimate in flexibility, this high-yield plan offers daily interest and annual compounding. Contributions and withdrawals can be made at any time, at your convenience. When your balance goes above $2,500 we'll automatically give you a superior rate on all your funds. Take advantage of our automatic contribution feature, so you can arrange to have regular transfers from your account on a timetable that suits your needs and maximizes interest potential.
The WestEarner® Convertible RRSP
With as little as $500, you can secure the flexibility of an interest rate that floats with the Canadian Western Bank prime rate, plus you have the option to convert at any time to a WestEarner® GIC RRSP or a WestEarner® Equity Builder RRSP (subject to availability). The term is 12 months, interest is compounded annually, paid at maturity and can be set to automatically renew for maximum convenience.
The WestEarner® Premium GIC RRSP
Canadian Western Bank's Premium Guaranteed Investment Certificate (GIC) is an excellent RRSP choice. This GIC offers you a competitive rate of interest guaranteed for the length of the term, with a minimum contribution of only $500. At maturity your funds can be automatically renewed or transferred to another RRSP option at no charge. By purchasing a GIC, you eliminate the possibility of seeing your investment earn less as interest rates drop; you always earn the originally contracted rate, regardless of market fluctuations. That's why it's guaranteed!
The WestEarner® High Rise GIC RRSP
This escalating rate investment is available for a 3 or 5 year term. The longer the term, the higher the interest rate, the higher the yield to you. Interest is compounded annually and paid at maturity. Plus, you have the flexibility to partially or fully convert to another Canadian Western Bank RRSP product on any anniversary date.
Self Directed RRSP
Canadian Western Bank offers customers the choice of a Self-Directed RRSP or Self-Directed RRIF through Canadian Western Trust. A Self-Directed registered plan allows you to choose from the full range of Canada Revenue Agency eligible investments including mutual funds, common stock, mortgages, private company shares and fixed income instruments.