Investment Products

Term Deposits

  • 30-364 Days and One to Five Years
  • All terms invested for one year or less are automatically renewed for same term at current interest rates. Minimum deposit of $100.
  • Interest paid at expiry for periods ≤ one year or annually to the account type of your choice.
  • Day terms, 1 & 2 year terms are redeemable with penalty – 3, 4 & 5 year terms are non-redeemable.
  • All terms are redeemable without penalty to an estate.
  • Early redemption penalty:
    • 1 – 30 days, no interest is paid.
    • 31 days plus, 2% interest rate reduction.

Registered Retirement Savings Plan

  • Tax deferred savings plans for retirement.
  • Variable or Fixed for One to Five Years.
  • No set-up or administration fees.

Registered Retirement Income Funds

  • Tax deferred savings plans for retirement.
  • Variable or Fixed for One to Five Years.
  • No set-up or administration fees.

Concentra Financial

  • Registered Education Savings Plan – RESP
  • Tax Free Savings Accounts – TFSA