Long term GICs

Rates
Term (months)  Annual interest Monthly interest1 Gold Leaf Plus® monthly interest Compound annual interest 
12 2.130%  1.880% 2.130% N/A 
24 2.210%
1.960% 2.210%
2.210% 
36 2.270%  2.020%  2.270% 2.270%
48 2.290%  2.040% 2.290%
2.290%
60 2.340%  2.090%  2.340% 2.340% 

Effective date: 12-Nov-19

Minimum $1,000 deposit. Posted rates available at Canadian Western Bank branches only. All rates are calculated on a per annum basis, applicable for deposits up to $5,000,000 and subject to change without notice. For deposits greater than $5,000,000, please contact your branch.

1 Monthly interest is available only if interest is deposited to a CWB account or electronically transferred to an account at another financial institution.

2 A 0.25% rate reduction applies if monthly interest is not deposited into a CWB account. 

GIC annual interest calculation:$1,000.00

GIC monthly interest calculation Monthly interest is available only if interest is deposited to a CWB account or processed via Electronic Funds Transfer (EFT).

GIC monthly interest minimum $1,000.00

GIC GoldLeaf Interest calculation 0.25% rate reduction applies if monthly interest is not deposited to a CWB demand account.

GIC GoldLeaf minimum $1,000.00

GIC GoldLeaf minimum $1,000.00

CDIC bilingual