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Online Policy Statement
  1. Prime Rates

Prime Rates

Effective date: 21-May-2024

CWB Prime Rate1 7.20%
CWB USD Prime Rate2 8.50%

CWB CAD 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 (1) the variable interest rate that we will charge for loans provided by us in Canadian dollars in Canada and (2) the variable interest rate paid on certain guaranteed investment certificates.

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.