Rates

GIC & Term Deposit

Effective Date: Thursday, May 23, 2013
Fixed Rate Long Term Canadian GIC
Term (Months)Annual Interest
(Min $1000)
121.450%
241.700%
361.850%
482.000%
602.200%
Term (Months)Monthly Interest1
(Min $1000)
121.200%
241.450%
361.600%
481.750%
601.950%
Term (Months)Gold Leaf Plus®
Monthly Interest2
(Min. $1000)
121.450%
241.700%
361.850%
482.000%
602.200%
Term (Months)Compound Annual Interest
(Min. $1000)
12N/A
241.700%
361.850%
482.000%
602.200%
High Rise® GIC - 3 Year Term3
1st Year0.900%
2nd Year1.500%
3rd Year2.000%
If held to maturity, the average yield will be 1.467% (based on annual interest)
High Rise® GIC - 5 Year Term3
1st Year1.000%
2nd Year1.150%
3rd Year1.400%
4th Year1.650%
5th Year4.000%
If held to maturity, the average yield will be 1.840% (based on annual interest)
Fixed Rate Short Term GIC
Term (Days)Canadian Dollar4
(Min. $5000)
300.500%
600.750%
901.000%
1201.050%
1801.150%
Term (Days)U.S. Dollar4
(Min. $5000)
300.250%
600.300%
900.500%
(May not exceed 90 days)
Floating Rate Redeemable Term Deposit
Canadian5
(Min. $1000)
30 Days to 3 Years0.750%
$U.S.4
(Personal Only)(Min. $1000)
30 Days to 1 Year0.100%
 
* All rates are subject to change without notice.
1 Monthly interest is to be deposited to a CWB® Account or electronically transferred to an account at another financial institution.
2A 0.25% rate reduction applies if monthly interest is not deposited into a CWB® Account.
3 Holder has the option to receive the interest annually or to have the interest compounded annually and paid at maturity.
4 Interest is paid at maturity.
5 For deposits maturing prior to 1 year, interest is paid at maturity. For deposits maturing in 1 year or longer, interest is compounded annually.

Arrows indicate a change from previous rate bulletin