Current Rates & Charges:

Interest Rates

Rates effective from March 01, 2010

CANADIAN DOLLAR DEPOSITS

Interest Rates

ELIGIBLE FOR DEPOSIT INSURANCE

Savings Bank Deposits : 0.50%

Super Saver Deposit Account: 1.15%

TFSA Power Saving Account: 1.50%

Term Deposits (Non-Redeemable) & TFSA PowerGIC Accounts

  Period/Term

  Interest Rates

  1 Year

  1.30% for TD (NR) and 1.50% for TFSA GIC

  2 Years

  1.75% for TD (NR) and TFSA GIC

  3 Years

  2.50% for TD (NR) and 2.55% TFSA GIC

  4 Years

  2.60% for TD (NR) and 2.55% TFSA GIC

  5 Years and above

  3.10% for TD (NR) and 3.15% TFSA GIC

US DOLLAR DEPOSITS

NOT ELIGIBLE FOR DEPOSIT INSURANCE

Super Saver Deposit Account : 1.15%

Term Deposits (Non-Redeemable)

  Period/Term

  Interest Rates

  1 Year

  1.20%

  2 Years

  1.70%

  3 Years

  2.50%

  4 Years

  2.50%

  5 Years

  2.75%

ENCASHABLE GICs AVAILABLE AT 25 BASIS POINTS LOWER THAN THE RESPECTIVE INTEREST RATES BOTH IN CAD AS WELL AS USD DEPOSITS.

Note: Deposit Insurance eligibility is subject to maximum coverage limitations as outlined in CDIC’s brochure “Protecting Your Deposits” and provided the deposits are in Canadian dollars, are payable in Canada and have a term of no more than 5 years. Copies of the brochure are available on request.

Rates subject to change without notice