Effective February 7, 2012
All rates subject to change without notice.
By investing in our Term Deposits or savings accounts, you not only get competitive rates, your deposits also qualify for our patronage rebate program. In 2010, we paid an additional 1.4% in patronage rebates! boomerang CREDIT UNION – where your money comes back to YOU!
Term Deposits
|
Features
|
Term
|
Rate
|
|---|---|---|
|
Non-redeemable. |
30 – 90 Days | 0.35 |
| 12 Months | 1.00 | |
| 24 Months | 1.15 | |
| 36 Months | 1.40 | |
| 48 Months | 1.60 | |
| 60 Months | 1.80 | |
| U.S. Term Deposit | 12 Months | 0.25 |
| Specials | 17 Months | 1.40 |
| 26 Months | 1.70 |
Step Rate Term Deposit
| Rate | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Effective |
|---|---|---|---|---|---|---|
| 3 Year | 1.10 | 1.10 | 2.30 | - | - | 1.50 |
| 5 Year | 1.10 | 1.15 | 1.25 | 2.25 | 5.00 | 2.15 |
| Step rate deposits may pay annually or accumulate to maturity. Registered and non-registered. They are fully redeemable on each anniversary. | ||||||
Savings Accounts
| Type | Factor | Range | Rate |
|---|---|---|---|
| Plan 24 | Calculated daily, paid monthly | $0-4,999 | 0.05 |
| >$5000 | 0.05 | ||
| Deposit | Calculated on minimum monthly balance, paid end of June/December | $0-4,999 | 0.05 |
| >$5,000 | 0.05 |
Investment Savings and Kirby Kangaroo Accounts
| Factor | Range | Rate |
|---|---|---|
| Calculated daily, paid monthly Interest is paid on full balance at the highest tier achieved |
$0-999 | 0.05 |
| $1,000-9,999 | 0.10 | |
| >$10,000 | 1.10 |
TFSA Investment Account
| Factor | Range | Rate |
|---|---|---|
| Calculated daily, paid monthly | $1 & over | 1.10 |
Save It Up Account
| Factor | Range | Rate |
|---|---|---|
|
Calculated daily, paid monthly |
$1 and up | 1.25 |
Premium Chequing and NCharge Network Chequing Accounts
| Factor | Range | Rate |
|---|---|---|
|
Calculated on daily closing balance and paid monthly |
$0-4,999 | 0.00 |
| $5,000-24,999 | 0.05 | |
| >$25,000 | 0.05 |
US Dollar Savings Account
| Factor | Rate |
|---|---|
| Calculated daily, paid end of June/December | 0.05 |
Investment Rates
RRSP, RRIF, TFSA
| Features | Term | Rate (Variable except TFSA @ 0.25) |
|---|---|---|
| Fixed Term Non-redeemable. Compounded & paid annually. Minimum $500. |
30 – 90 Days | 0.35 |
| 12 Months | 1.00 | |
| 24 Months | 1.15 | |
| 36 Months | 1.40 | |
| 48 Months | 1.60 | |
| 60 Months | 1.80 |
