Becoming a Member
Who should get this investment?
Savers who want to protect U.S. dollar savings from the fluctuations of changing interest rates.
Features
| Interest rate |
- Fixed.
- Guaranteed until maturity.
|
| Eligible for these plans |
Non-registered plans. |
| Minimum deposit |
US$5,000 |
| Redemption terms |
- Non-redeemable prior to maturity.
- The 1-year cashable fixed-rate term option can be redeemed in full or in part prior to maturity (partial withdrawals are subject to remaining balance).
|
| Other |
- Deposits in US currency are not insured by the Deposit Insurance Corporation of Ontario.
- Savings-Life Insurance available.
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