DEPOSIT and MORTGAGE RATES
As part of our re-opening plan, MTL’s offices in Waldheim and Swift Current are open to walk in traffic while our Saskatoon office is open by appointment only. For those who prefer, we continue to offer remote and virtual means for meetings, but if your preference is to meet in person, we have safety standards in place and a full team ready to assist you.
Welcome back.
Rates updated as of 2020-08-04
all rates subject to change without notice
DEPOSIT RATES |
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| GIC Special – Minimum $500, New Money Only | RATE |
| 1 Year GIC | 1.45 |
| 5 Year GIC | 1.90 |
| GIC Rates | |
| 1 Year | 0.95 |
| 2 Year | 1.10 |
| 3 Year | 1.20 |
| 4 Year | 1.30 |
| 5 Year | 1.60 |
| Deposit Accounts | |
| Daily Interest Savings | 0.01 |
| Junior Daily Savings | 0.01 |
| Senior Daily Interest Savings | 0.01 |
| Church/Community Daily Interest | 0.15 |
| Investor’s Choice High Interest Savings Account | 0.05 |
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Deposits with Mennonite Trust Ltd are not insured by the Canada Deposit Insurance Corporation. Your deposits are safe with MTL. See our Guarantee. |
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MORTGAGE RATES* |
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Begin your mortgage application here. |
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| Residential Mortgages* | |
| Floating | 3.50 |
| 1 year fixed | 2.89 |
| 2 year fixed | 2.89 |
| 3 year fixed | 2.99 |
| 4 year fixed | 3.04 |
| 5 year fixed | 2.69 |
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To find out your maximum loan click here, using 4.94%. |
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| Farm/Business Mortgages* | |
| Floating | 4.50 |
| 1 year fixed | 3.64 |
| 2 year fixed | 3.64 |
| 3 year fixed | 3.74 |
| 4 year fixed | 3.79 |
| 5 year fixed | 3.44 |
| Church Rate | 3.25 |
*Rates are subject to the merits of your application and may be lower or higher than the posted rate.
