™Trademarks of Meridian Credit Union Limited. Lengths of terms are subject to change. The principal amount of a Meridian Index-Linked GIC is guaranteed and repayable upon maturity. The principal amount and interest earned is covered by deposit insurance. Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA). Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA). Notwithstanding any guaranteed minimum rate of return, the amount earned, if any, is calculated at, accrued to, and paid at maturity as interest and will depend on the performance of the Equity Index. It is possible that the amount earned may be zero.
Meridian's 3 Year Financial Services Index-Linked GIC offers a minimum guaranteed cumulative rate of return of 1.00% over the entire term. The total interest earned, inclusive of the guaranteed minimum rate of return, will not exceed a Maximum Cumulative Return of 7.00% over the full term of the deposit.
Meridian's 5 Year Financial Services Index-Linked GIC offers a minimum guaranteed cumulative rate of return of 2.00% over the entire term. The total interest earned, inclusive of the guaranteed minimum rate of return, will not exceed a Maximum Cumulative Return of 15.00% over the full term of the deposit.
Data presented is for information purposes only. Past returns are not indicative of future performance. Offer valid until January 22, 2021. Meridian Index-Linked GICs are non-redeemable. Terms and conditions for Meridian Index-Linked GICs are available at your local Meridian branch. All other trademarks, registered trademarks, service marks and trade names are the property of their respective owners. 11/2020