Minimum amount is $5000. Yearly interest rate of 2.55% is guaranteed and can be reinvested or distributed to you. Availability of this special rate GIC is subject to change without notice.
- A GIC is a “Guaranteed Investment Certificate”. Our five year GIC special rate returns 2.55% interest each year, which can be reinvested or distributed to you. Minimum investment is $5,000 for this special.
- As an example, if you invest $10,000 for the five year term and reinvest the interest each year, at the end of the term, you will receive $11,341.70.
- You can hold a GIC inside a TFSA, RRSP or RRIF for tax advantages.
- Yearly TFSA contribution room is $6,000 as of January 1. You may have up to $63,500 lifetime contribution room.
Call us to to open an account at 306-945-2080 or visit an office nearby (see below). We’ll be happy to help you!
Deposits with Mennonite Trust are not secured by the Canada Deposit Insurance Corporation.
Deposits with MTL are safe. MTL began service in Saskatchewan in 1917 and over that time has returned every dollar invested to our depositors. We invest conservatively and are provincially regulated. Find out more.
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