DEPOSIT and MORTGAGE RATES
MTL is accepting appointments for our services. While video and phone contacts are preferred, we invite anyone who wishes to make an appointment with any of our offices.
Safety protocols are in place, which include physical distancing, hand cleansers, and sanitizing of touched surfaces prior to each client meeting. Welcome back.
Rates updated as of 2020-06-01
all rates subject to change without notice
DEPOSIT RATES |
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| GIC Special – Minimum $500, New Money Only | RATE |
| 1 Year GIC | 1.75 |
| 5 Year GIC | 2.10 |
| GIC Rates | |
| 1 Year | 1.10 |
| 2 Year | 1.20 |
| 3 Year | 1.40 |
| 4 Year | 1.65 |
| 5 Year | 1.75 |
| 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 | 3.09 |
| 2 year fixed | 3.04 |
| 3 year fixed | 3.19 |
| 4 year fixed | 3.35 |
| 5 year fixed | 2.99 |
|
To find out your maximum loan click here, using 4.99%. |
|
| Farm/Business Mortgages* | |
| Floating | 4.50 |
| 1 year fixed | 3.84 |
| 2 year fixed | 3.79 |
| 3 year fixed | 3.94 |
| 4 year fixed | 4.10 |
| 5 year fixed | 3.74 |
| Church Rate | 3.25 |
*Rates are subject to the merits of your application and may be lower or higher than the posted rate.
