Deposits

Rates

Rates Effective: September 24, 2018 Print

Daily Interest Savings Account Rates:*

* Rates subject to change without notice.
Interest is payable monthly at the rate(s) per annum, as offered.
Interest is paid on the total daily closing balance.
Eligible for TFSA.

Short Term Guaranteed Investment Certificate Rates:*

Term Interest Rate
30-59 days 1.000%
60-89 days 1.000%
90-119 days 1.050%
120-179 days 1.600%
180-269 days 2.100%
270-364 days 2.200%

* Rates subject to change without notice.
Minimum deposit is $5,000.00.
Certificates are non-redeemable before maturity.

Guaranteed Investment Certificate Rates:*

Term Compounded Annually Paid Annually Paid Monthly Paid Semi-annually
1 years 2.260% 2.260% 2.060% 2.110%
2 years 2.610% 2.610% 2.410% 2.460%
3 years 2.810% 2.810% 2.610% 2.660%
4 years 2.960% 2.960% 2.760% 2.810%
5 years 3.010% 3.010% 2.810% 2.860%

* Rates subject to change without notice.
Minimum deposit is $1,000.00.
Minimum deposit on monthly certificates is $5,000.00.
Certificates are non-redeemable before maturity.
Eligible for TFSA – Compounded Annually only.

Registered Retirement Savings Plan Rates:*

Term New Business & Transfers Renewals Only
1 years 2.260% 2.260%
2 years 2.610% 2.610%
3 years 2.810% 2.810%
4 years 2.960% 2.960%
5 years 3.010% 3.010%

* Rates subject to change without notice.
Minimum deposit is $1,000.00.
Certificates are non-redeemable before maturity.


For more information, please call 1-800-213-4282 or 306-244-1868.
All rates are expressed in annual terms.
Deposits made in Canadian Dollars only.

410–22nd Street East, Suite 950, Saskatoon, Saskatchewan S7K 5T6
Tel: 306-244-1868 Fax: 306-244-4649 Toll-free: 1-800-213-4282
www.versabank.com

Deposit Insurance

VersaBank is a member of the Canadian Deposit Insurance Corporation.

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

cdic-badge

For more information on our Eligible Deposits products.