Registered Deposits

Effective September 23, 2020

Long Term Rates

Long Term GIC
HMECU Posted Rate
1 Year 0.90%
2 Year 1.15%
3 Year 1.30%
4 Year 1.35%
5 Year 1.45%

Rate Riser Special - Available for GIC & RRSP Only

Rate Riser Special - 5 Year Term Rate in Each Year
1 Year 0.40%
2 Year 0.90%
3 Year 1.40%
4 Year 1.90%
5 Year 2.40%

Variable Rate Deposits

Deposit Accounts Rates
TFSA Variable 0.50%
RRSP/RRIF Variable - Less than $2,500 0.15%
RRSP/RRIF Variable - $2,500 or Greater 0.30%

Rates compounded annually. Rates are subject to change without notice. In the event of a discrepancy, rates posted in branches will prevail.