Canada Day Holiday Hours

Please note, our branches and contact centre are closed on Wednesday, July 1 for Canada Day. Fireworks on a Wednesday? Yes, please.
 
 
Featured Rates

1.50%*

15-month term

Investing for the short term? Or the long term? Either way, we’ve got the term deposit for you. This is the most helpful product for you if:

  • you want to choose the exact length of the term, to mature right before the closing date, on your new home, for example.
  • you're looking for the peace of mind in knowing that your investment is guaranteed.

 

Why choose a Short & Long term deposit?

  • 1 month to 5 year terms
  • Have the interest paid out annually or enjoy compound interest
  • Only need $1,000 to get started
  • Available as an RRSP, RRIF, RESP, and TFSA
 

Short Term Deposit Rates

Rates effective April 10, 2015 Interest Rate
Short Term Deposits - 1 to less than 2 months 0.400%1
Short Term Deposits - 2 to less than 3 months 0.450%3
Short Term Deposits - 3 to less than 4 months 0.550%
Short Term Deposits - 4 to less than 6 months 0.600%
Short Term Deposits - 6 to less than 9 months 0.650%
Short Term Deposits - 9 to less than 12 months 0.950%
Short Term US Deposits - 1 to less than 2 months 0.100%
Short Term US Deposits - 2 to less than 3 months 0.150%
Short Term US Deposits - 3 to less than 4 months 0.150%
Short Term US Deposits - 6 to less than 9 months 0.200%
Short Term US Deposits - 9 to less than 12 months 0.250%
Short Term US Deposits - 9 to less than 12 months 0.250%
Short Term US Deposits – 12 months 0.300%

Long Term Deposit Rates

Rates effective April 10, 2015 Interest Rate
Long Term 1-Year term deposit 1.300%
Long Term 15-Month term deposit 1.500%
Long Term 18-Month term deposit 1.450%
Long Term 2-Year term deposit 1.400%
Long Term 3-Year term deposit 1.600%
Long Term 4-Year term deposit 1.700%
Long Term 5-Year term deposit 1.900%

Open a term deposit

To open a term deposit, log in to Online Banking and click Open an Account. Or call 1-888-517-7000 Mon-Sat, 8am-8pm.



*Interest rates are subject to change without notice and are calculated on a per annum basis.