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Long-term GICs

Long-term GICs

You have long range savings goals — we can help

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Whatever you're saving for in the future, a long-term GIC can help you reach it faster:

Save for a future expense such as a wedding, a down payment for a home or retirement.
Choose to have your interest automatically paid into a CWB account monthly or annually.
Receive competitive, guaranteed interest rates.
Interest can be set to compound annually for terms over one year.
Choose to renew your investment automatically at maturity.

Features

Term	1 to 5 years
Minimum investment	$1,000.00
Interest rate	Guaranteed for the length of the term
Interest paid	Monthly or annually

Benefits

Take advantage of increased flexibility to select a term that fits your saving needs.
Receive competitive, guaranteed interest rates.
Ensure your funds are safe and secure.

Rates

Term (months)	Annual interest	Monthly interest¹	Gold Leaf Plus^® monthly interest²	Compound annual interest
12	2.290%	2.040%	2.290%	N/A
24	2.440%	2.190%	2.440%	2.440%
36	2.500%	2.250%	2.500%	2.500%
48	2.540%	2.290%	2.540%	2.540%
60	2.700%	2.450%	2.700%	2.700%
Effective date: 21-May-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.