HOME |  ABOUT US |  LOCATION |  CONTACTSRATES |  SEARCH
DEPOSIT ACCOUNTSLOANSINVESTMENTSFINANCIAL TOOLSCARDS and ELECTRONIC SERVICES
Deposit Accounts

Daily Savings

Maybe it is a vacation or possibly home renovations? whatever you may be saving for, we can help.  With this savings account, interest is calculated daily and credited on a monthly basis.  You maintain full access to your accounts, and yet your balance will grow.  You will receive one free transaction per $500 minimum balance, excluding Interac and Plus/Cirrus. This account is designed to help you save.


Tax Free Savings Account

We are preparing to offer a ground-breaking Tax-Free Savings Account (TFSA) to you in 2009.  The purpose of the TFSA is to provide a savings vehicle for individuals to earn tax-free investment income.

Features of the new registered product:

  • Available to Canadian residents age 18 and older
  • Contributions will not be tax deductible
  • Contributions may only be made by the owner
  • Income earned and capital gains under a TFSA will be tax sheltered
  • Withdrawal of contributions and/or income will not be subject to tax
  • Maximum contribution limit for 2009 will be $5,000
  • Unused contribution room may be carried forward and contributed in a future year
  • Withdrawals (capital and income) will increase the unused contribution room
  • Unused contribution room will be reported on the annual CRA Notice of Assessment

For more information click here.


                            

                                 
                                                                        | home | sitemap | search | contacts | links |  |