Deposit Services - Saving Accounts
INVESTOR
SAVINGS | US
INVESTOR SAVINGS PLAN | PLAN 24 | PRIORITY SAVINGS |
Investor Savings Plan
This no-fee interest-bearing plan is designed for
the high income, high volume and high activity investor. Offers higher interest rates
normally offered on locked-in investments, combined with the convenience and flexibility
of a chequing plan.
Features:
·
No minimum
balance required
·
2 free debits per
month
·
Tiered Interest
calculated cumulatively on the minimum daily balance
·
Interest paid
monthly
·
Chequing
privileges are available.
US Investor Savings Plan
This no-fee, interest-bearing plan is designed for the high income, high volume and high activity investor wishing
to deal in US currency. Offers higher interest rates normally offered on locked-in
investments, combined with the convenience and flexibility of a chequing account. Ideal for seasonal US travelers, individuals that are interested in holding US dollars for investment purposes,
or for businesses that utilize foreign currency for day to day operations. Cards
are not permitted. Same features as the Investor Savings Plan.
Plan 24
Earn interest on smaller balances.
Features:
·
Interest calculated
on the minimum daily balance
·
Interest paid
monthly
·
Service charges
apply on more than two debits per month.
·
Funds may be
withdrawn at any time
Priority
Savings Account
This account is an
excellent way to save for Christmas, RRSP’s, vacation or taxes. Its is similar
to a term deposit, with the following additional features
·
No minimum
balance
·
Deposits can be
made anytime
·
No restriction
on deposits.
·
6 month Term
·
Interest is paid
at the 90-day term rate and is paid on maturity
·
For your
convenience automatic transfers can be set up