Guaranteed Investment Certificates (GICs)

A guaranteed investment to help you reach your short term savings goals. You'll earn a competitive rate and have the assurance that your deposits are protected up to $100,000 through the Deposit Insurance Corporation of Ontario.

  • Minimum deposit $1,000.
  • Lock in a great rate for terms of one to five years. Specific maturity dates are available upon request.
  • Interest is paid at maturity for 1-year terms and annually for terms over one year. The interest may be paid to your account or compounded back into the term deposit.
  • Non-redeemable prior to maturity.
  • A certificate is issued.
  • A renewal statement is sent to you quarterly detailing any maturing deposits.
  • No service charges.

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