| US Term Deposits/GICs: 1 to 6 years | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Financial Institution | Redeem- able |
Redeemable Term |
Minimum Deposit |
Term In Years | |||||
| 1 | 2 | 3 | 4 | 5 | 6 | ||||
| Alterna Savings | no | 500 | .3500 | .4000 | .4500 | .5000 | .5500 | - | |
| BMO Bank of Montreal | yes | 1,000 | 4.7500 | 4.5500 | 4.5500 | 4.4500 | 4.4500 | - | |
| Bank of Nova Scotia | no | 1,000 | 4.0000 | 3.7000 | 3.6500 | 3.6500 | 3.5000 | - | |
| Desjardins - Caisses | no | 5,000 | 3.7500 | 4.0000 | 4.0000 | 4.0000 | 4.0000 | - | |
| Equitable Bank | no | 1,000 | 4.9500 | 4.7000 | 4.5000 | 4.4000 | 4.3000 | 3.2500 | |
| cashable | 30 days | 1,000 | 3.5500 | - | - | - | - | - | |
| Equitable Trust | no | 1,000 | 4.9500 | 4.7000 | 4.5000 | 4.4000 | 4.3000 | 3.2500 | |
| cashable | 30 days | 1,000 | 3.5500 | - | - | - | - | - | |
| Meridian Credit Union | no | 5,000 | 4.0000 | 4.0000 | 4.0000 | 4.0000 | 4.2500 | - | |
| Parama Credit Union | no | 500 | 2.0000 | - | - | - | - | - | |
| Royal Bank of Canada | no | 5,000 | 4.0000 | 4.3000 | 4.5500 | 4.4500 | 4.4500 | - | |
| SBI Canada Bank | no | 1,500 | 5.6000 | 5.1000 | 5.0000 | 4.5000 | 4.5000 | - | |
| yes | 1,000 | 5.5000 | 5.0000 | 4.9000 | 4.4000 | 4.4000 | - | ||
| T-D Mortgage | no | 1,000 | 4.7500 | 4.5500 | 4.3000 | 4.3000 | 4.3000 | - | |
| TD Canada Trust | no | 5,000 | 3.7000 | - | - | - | - | - | |
| Tangerine | no | 1 | 5.0000 | 3.4000 | 3.3000 | 3.1000 | 3.0500 | - | |
|
Interest not compounded and paid at annually.
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. |
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Prepared by CANNEX on April 18, 2024 at 08:00:21 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. |