Term Deposits

Promotional Rates (Rates effective 2019-05-23) Rates
120 Day Term Deposit 2.00%
18 Month Term Deposit 2.10%
32 Month Term Deposit 2.35%
120 Days: Special promotional rate may be changed or withdrawn at any time without notice. Available for new deposits only or new registered contributions which can include existing funds on deposit. Existing term deposits cannot be broken to receive this offer. Simple interest calculated on the principal amount for the number of days in the term deposit and paid at maturity (principal x rate x number of days / 365 days). Rate shown for annual interest. Minimum investment $500; Maximum investment $500,000. Cashable upon maturity only. Available to personal accounts only. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date.

18 and 32 Months: Special promotional rate may be changed or withdrawn at any time without notice. Existing term deposits cannot be broken to receive this offer. Rate shown for annual interest. Annual compound interest paid monthly or annually. Minimum investment $500 ; Maximum investment $500,000. Cashable upon maturity only. Available to personal and non-personal accounts. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date.
Long Term Non-Redeemable Term Deposit (RRSP, RRIF, TFSA eligible) (Rates effective 2019-05-23) Rates
1 Year 2.00%
18 Month 2.05%
2 year 2.10%
3 Year 2.15%
4 Year 2.25%
5 Year 2.50%
3 year Escalating Rate Term Deposit (RRSP eligible) (Rates effective 2019-05-23) Rates
Year 1 Annual Interest 1.20%
Year 2 Annual Interest 1.40%
Year 3 Annual Interest 1.90%
Average rate 1.50%
5 year Escalating Rate Term Deposit (RRSP eligible) (Rates effective 2019-05-23) Rates
Year 1 Annual Interest 1.10%
Year 2 Annual Interest 1.30%
Year 3 Annual Interest 1.80%
Year 4 Annual Interest 3.40%
Year 5 Annual Interest 5.40%
Effective Yield Rate 2.60%
Special promotional rate may be changed or withdrawn at any time without notice. 2.60% refers to the effective yield of the 5 year term. Annual compound interest paid annually or at maturity. Rate shown for annual interest. Minimum investment $500; Available to personal and non-personal accounts. Visit an Alterna Savings branch for details.

RateBuilder Term Deposits: Annual compound interest paid annually or at maturity. Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date.
 

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