Meridian offers two great Escalator GIC products:

• 3-Year Escalator (registered or unregistered) - Flexible as it is cashable in whole or in part on each anniversary date and 30 days thereafter. At all other times, this product is non-redeemable.
• 5-Year Escalator (registered only) - Transferable to a 1 year term or longer on each anniversary date, or 30 days thereafter. At all other times, this product is non-redeemable.

Click Here to see our Rate Escalator rates

We recommend Rate Escalator GICs if:

• You're looking to invest in a guaranteed product for a longer term.
• You're saving for your retirement.
• You want some of the best guaranteed rates on the market.

Make More Money

• Your interest is guaranteed to increase for each of the 3 or 5 years of your investment's life.
• Interest is compounded annually to increase the return on your investment.

Peace of Mind

• Deposits insured up to $100,000 by the Deposit Insurance Corporation of Ontario.
  
  For further information on deposit insurance coverage,
  please call DICO at 1-800-268-6653 or www.dico.com.
• At Meridian Credit Union, registered savings plans are fully insured with no limit on the maximum amount (RRSP, RRIF, LIF, RESP, TFSA)

Things You Need to Know

• The minimum deposit is $500 — and $100 for youth and student members.
• With the 3-year Rate Escalator GIC, you can access your money on each anniversary date and 30 days thereafter without penalty.
• The 3-year Rate Escalator GIC is available as a registered or non-registered investment.
• The 5-year Rate Escalator GIC can be converted to another non-redeemable long-term product on each anniversary date without penalty and is only available as a registered investment.

Ask the Experts

To find out more or to get a Meridian financial Coach working for you, call 1.866.592.2226 or come into your local Meridian branch today.