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GIC specials* Fixed long-term GICs Fixed short-term GICs Floating rate redeemable CWB Prime RateGIC specials*
GIC specials*
Effective date: 30-June-2025
| Special terms* | Rates* |
| 13-month | 2.90% |
| 29-month | 3.10% |
*Offer available on 13-month and 29-month non-redeemable personal GICs denominated in Canadian dollars. Minimum deposit of $1000 required. Available to new and existing deposits, including renewals, for clients of CWB, CWB Trust Services and Valiant. Eligible deposit types include non-registered plans and registered plans such as RRSPs, RRIFs and TFSAs. Rates are calculated on a per annum basis, compounding annually, and paid at maturity. Rates are subject to change without notice. No additional discretionary rate increases or bonuses apply, including Gold Leaf Plus, Prestige or staff offers.
To learn more about this offer and GICs covered by CDIC fill out the form below.
Fixed long-term GICs
Fixed long-term GICs
Effective date: 30-June-2025
| Term |
Annual interest |
Monthly payment option; Annual interest1 |
Monthly payment option; Gold Leaf PLUS® Annual interest2 |
US Dollar Annual interest |
US Dollar Monthly payment option; Annual interest1 |
| 1-year | 2.80% | 2.55% | 2.80% | 3.90% |
3.65% |
| 2-year | 2.80% | 2.55% | 2.80% |
3.70% | 3.45% |
| 3-year | 2.95% | 2.70% | 2.95% | 3.55% | 3.30% |
| 4-year | 3.00% | 2.75% | 3.00% | 3.65% |
3.40% |
| 5-year | 3.20% | 2.95% |
3.20% | 3.65% | 3.40% |
| 6-year | 3.15% |
2.90% |
3.15% |
— | — |
| 7-year | 3.15% |
2.90% |
3.15% |
— |
— |
| 8-year | 3.15% |
2.90% |
3.15% |
— | — |
| 9-year | 3.15% |
2.90% |
3.15% |
— |
— |
| 10-year | 3.15% |
2.90% |
3.15% |
— | — |
Minimum $1,000 deposit. Posted rates available at Canadian Western Bank banking centres only. All rates are calculated on a per annum basis and subject to change without notice. CWB takes reasonable steps to provide up-to-date, accurate and reliable information but is not responsible for any errors or omissions contained herein.
Your deposit may be eligible for CDIC deposit insurance.
1For investments in Canadian dollars, monthly interest payment is available only if interest is deposited to a CWB account or processed via Electronic Funds Transfer. For USD deposits, interest must be deposited to a CWB USD account.
2The Gold Leaf Plus package is available to clients 57 and over, and the 0.25% rate reduction is waived for monthly interest payments. The rate reduction applies if monthly interest is not deposited into a CWB account.
Fixed short-term GICs
Fixed short-term GICs
Effective date: 30-June-2025
| Term (days) |
Canadian | US dollar |
| 1-6 | — |
0.15% |
| 7-20 | — |
0.15% |
| 21-29 | — |
0.15% |
| 30 | 2.55% | 2.00% |
| 60 | 2.55% | 2.00% |
| 90 | 2.55% |
2.00% |
| 120 | 2.55% | 2.00% |
| 180 | 2.80% |
2.00% |
| 270 | 2.85% |
2.00% |
Minimum $5,000 deposit. All rates are calculated on a per annum basis and interest is paid at maturity. Posted rates available at Canadian Western Bank banking centres only and subject to change without notice.
Your deposit may be eligible for CDIC deposit insurance.
Floating rate redeemable
Floating rate redeemable
Effective date: 30-June-2025
| Term | Canadian1 | US dollar2 |
| 30 days to 1 year | 2.25% | 2.25% |
| 1-3 years | 2.25% | — |
Minimum $1,000 deposit. Posted rates available at Canadian Western Bank banking centres only and subject to change without notice. Posted rates available at Canadian Western Bank banking centres only. All rates are calculated on a per annum basis. Funds redeemed prior to 30 days pay no interest.
1Linked to CWB Canadian Prime Rate
2Linked to CWB US Dollar Prime Rate
Your deposit may be eligible for CDIC deposit insurance.
CWB Prime Rate
CWB Prime Rate
Effective date: 30-June-2025
| CWB Prime Rate1 | 4.95% |
| CWB USD Prime Rate2 | 7.50% |
2CWB USD Prime Rate is the variable annual interest rate published by us from time to time and is the interest rate we will use as a reference to determine the variable interest rate paid on certain guaranteed investment certificates. This rate is not for US Dollar loans in Canada.
WestEarner® TFSA GIC
All the security you expect from a guaranteed investment certificate (GIC) bundled with the tax-free earnings of a tax free savings account (TFSA). Earn competitive, guaranteed interest rate and don’t pay tax on any interest earned. Set your account to renew automatically for maximum convenience.
Effective March 1st, 2025, the following CDIC member institutions have amalgamated: Canadian Western Bank (CWB) and National Bank of Canada (NBC). Upon the amalgamation of these entities, eligible deposits held at CWB migrated to NBC. Click the CDIC logo for more detailed information.