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Redeemable Term Deposits

With terms ranging from 32 days up to 7 years, the Redeemable Term Deposit is ideally suited for members who prefer the flexibility of short-term deposits. You'll benefit from a guaranteed return on your investments and earn a higher rate than with regular savings accounts.

All deposits are insured for up to $100,000 per account through the Deposit Insurance Corporation of Ontario.

Effective November 3, 2007

32 - 59 days3.30%
60 - 89 days3.30%
90 - 119 days3.40%
120 - 179 days3.40%
180 - 269 days3.50%
270 - 364 days3.80%
1 to less than 2 years4.15%
2 to less than 3 years4.25%
3 to less than 4 years4.25%
4 to less than 5 years4.40%
5 to less than 7 years4.50%
7 years4.60%
US$ 32 - 365 days (min. $5,000)3.00%

earn a higher rate than regular savings plans