CWB GICs | Canadian Western Bank

Long term GICs

The perfect investment for your long term goals

Explore long term GIC options

Protect your principal, while growing your investment so that you can realize your long-term financial dreams. Save for a future expense such as a wedding, a down payment for a home or retirement, risk-free. Interest can be set to compound annually for terms over one year, and choose to renew your investment automatically at maturity. Canadian Western Bank is the right choice for your saving needs.

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Canadian Western Bank is a member of the Canada Deposit Insurance Corporation (CDIC).

What's included:

Minimum investment of $1000

Interest rate guaranteed for length of term

Interest paid monthly or annually

1 to 10 year terms

Working with your financial partner to weather volatility

Make smarter investments

Rising interest rates and soaring inflation – along with the lingering affects of the COVID-19 pandemic – are affecting every aspect of the Canadian economy, from prices at the pump and in the grocery store to higher shipping costs and a tighter labour market. Discover how businesses and investors can deal with volatility, and how CWB can help.

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Long-term GIC rates

Term	Annual interest	Annual interest, paid monthly¹	Gold Leaf Plus^® monthly interest²	Compound annual interest	Start investing
1-year	3.780%	3.530%	3.780%	N/A	Get rate
2 year	4.080%	3.830%	4.080%	4.080%	Get rate
3 year	4.150%	3.900%	4.150%	4.150%	Get rate
4 year	4.150%	3.900%	4.150%	4.150%	Get rate
5 year	4.280%	4.030%	4.280%	4.280%	Get rate
6 year	4.400%	4.150%	4.400%	4.400%	Get rate
7 year	4.600%	4.350%	4.600%	4.600%	Get rate
8 year	4.600%	4.350%	4.600%	4.600%	Get rate
9 year	4.600%	4.350%	4.600%	4.600%	Get rate
10 year	4.750%	4.500%	4.750%	4.750%	Get rate

Effective date: 26-September-2022

Minimum $1,000 CAD deposit. Posted rates available at Canadian Western Bank banking centres only. All rates are calculated on a per annum basis, applicable for deposits up to $5,000,000 CAD subject to change without notice, and interest is paid out at maturity. For deposits greater than $5,000,000, please contact your local banking centre. CWB takes reasonable steps to provide up-to-date, accurate and reliable information but is not responsible for any errors or omissions contained herein. To learn more about GICs covered by CDIC visit: Canada Deposit Insurance Corporation | Canadian Western Bank. To learn more about this offer, fill out the form below to talk to a Relationship Manager.
¹Monthly interest is available only if interest is deposited to a CWB account or electronically transferred to an account at another financial institution.
²The Gold Leaf Plus package is available to clients 57 and over, and waives the 0.25% rate reduction for monthly interest payments. The rate reduction applies if monthly interest is not deposited into a CWB account.