NOTE: VersaBank does not solicit deposits over the phone. We only accept deposits through wealth management & licensed insolvency firms. Please contact us immediately at 1-800-213-4282 if you require assistance, have any questions or concerns.

VersaBank offers an attractive suite of investment products (GICs, RRSPs, TFSA), all of which are eligible for CDIC insurance and are made available through our nationwide network of deposit brokers, investment advisors and security dealers.

By building a “branchless” bank with an efficient system for raising deposits, we incur lower operating costs and can offer competitive interest rates along with the security that CDIC insurance provides.

Put our productivity to work for your investments.

Guaranteed Investment Certificates

Our competitive interest rate GICs are eligible for CDIC insurance. They are assignable, transferable* and available in terms from thirty days to five years. Please see our current interest rates. See Terms & Conditions for more information.

* A nominal fee may apply – refer to Fees

Registered Retirement Savings Plans

Registered GICs provide the benefit of tax-protected earnings to help build for your retirement in addition to a deduction on your tax return today. Registered GICs are available in terms from one to five years. See our current interest rates. See Terms & Conditions for more information.

Tax-Free Savings Account (TFSA)

Eligible products for our TFSA includes both our high interest Sunrise Savings Account and our one to five year compounding Guaranteed Investment Certificates. Please see our current interest rates for both products. Refer to our Tax-Free Savings Account Agreement for detailed Terms & Conditions.

Our TFSA Sunrise Daily Interest Savings Account offers you one of the most competitive interest rates in the country, the security of deposits eligible for CDIC insurance, and the flexibility of your funds being available at any time. Interest is calculated daily on the closing balance and paid monthly.

Key features include – no locked-in funds, no minimum balance, no monthly fees, and no reinvestment dates to remember.

Deposit Insurance

VersaBank is a member of the Canada Deposit Insurance Corporation.

For more information about what’s covered and how it works, click the digital symbol.

View list of Eligible Deposits products.