| US Term Deposits/GICs: 30 to 270 days | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Financial Institution | Redeem- able |
Redeemable Term |
Minimum Deposit |
Term In Days | |||||
| 30 | 60 | 90 | 120 | 180 | 270 | ||||
| Alterna Savings | no | 500 | .0500 | .1000 | .1500 | .2000 | .2500 | .3000 | |
| BMO Bank of Montreal | no | 1,000 | 2.8000 | 2.8500 | 2.9000 | 2.9500 | 3.1000 | 3.1500 | |
| Bank of Nova Scotia | no | 1,000 | 2.8500 | 3.0000 | 3.1000 | 3.1000 | 3.5500 | 3.7500 | |
| CIBC | no | 5,000 | 3.5500 | 3.7500 | 3.8000 | 4.0500 | 4.7000 | - | |
| Desjardins - Caisses | no | 5,000 | 1.2500 | 1.3500 | 2.0000 | 2.2500 | 2.7500 | 3.2500 | |
| Equitable Bank | no | 1,000 | .0500 | 1.0000 | 3.4000 | 3.5000 | 3.6000 | 3.7000 | |
| Equitable Trust | no | 1,000 | .0500 | 1.0000 | 3.4000 | 3.5000 | 3.6000 | 3.7000 | |
| IC Savings | no | 10,000 | .0500 | .0500 | .0500 | .0500 | .1000 | .1500 | |
| Meridian Credit Union | yes | 5,000 | 2.8000 | 2.9000 | 3.0000 | 3.0000 | 3.2000 | 3.3500 | |
| National Bank | no | 5,000 | .1000 | .1500 | .2000 | .2000 | .4000 | .5000 | |
| yes | 5,000 | .0500 | .0500 | .1000 | .1000 | .2000 | .2500 | ||
| Royal Bank of Canada | no | 5,000 | 2.8000 | 2.8500 | 2.9000 | 2.9500 | 3.1000 | 3.1500 | |
| Steinbach Credit Union | yes | 500 | .5000 | .6500 | .8000 | - | - | - | |
| TD Canada Trust | no | 5,000 | 2.8500 | 2.9500 | 3.1000 | 3.2500 | 3.4000 | 3.5500 | |
| Tangerine | no | 1 | - | - | 3.3000 | - | 4.5500 | 4.9500 | |
|
Interest not compounded and paid at maturity.
Term deposits are investment products that offer a guaranteed rate of return for a pre-defined time period. The applicable interest rate varies according to the term of investment, the amount of money invested, the treatment of interest and whether or not the investment is redeemed prior to maturity. Term deposits are also known as GICs (Guaranteed Investment Certificates), or Accumulation Annuities when issued by an insurance company. These investments are purchased and held in US funds. |
|
Prepared by CANNEX on April 25, 2024 at 08:00:24 ET. This information is current as of the date and time posted and is subject to change without notice. © Copyright 2024 CANNEX Financial Exchanges Limited. All rights reserved. |