Registered Deposits

Effective April 2, 2020

Long Term Rates

Long Term GIC
HMECU Posted Rate
1 Year 1.35%
2 Year 1.45%
3 Year 1.55%
4 Year 1.75%
5 Year 1.90%

Rate Riser Special - Available for GIC & RRSP Only

Rate Riser Special - 5 Year Term Rate in Each Year
1 Year 0.75%
2 Year 1.25%
3 Year 1.75%
4 Year 2.25%
5 Year 2.75%

Variable Rate Deposits

Deposit Accounts Rates
TFSA Variable 0.65%
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.