Enjoy your retirement while keeping your investment tax sheltered and having maximum flexibility for your income.

RRIF Options

Non-Redeemable GIC
Short term 6 to 11 month terms
· minimum deposit of $500
· interest compounded at maturity
· competitive fixed interest rate

Non-Redeemable GIC
Long term 1-5 year terms
· minimum deposit of $500
· interest compounded annually
· competitive fixed interest rate

Escalator GIC
5 year term
· minimum deposit of $500
· fixed rate of interest that increases each year on anniversary date
· interest compounded annually
· Escalator is a time limited offer and may be cancelled at any time

Mortgage Investment Certificate (MIC)
5 year term
· minimum deposit of $20,000
· interest compounded quarterly
· variable rate adjusted monthly to Community Savings' residential mortgage portfolio less 2.5%

Variable Savings
· no minimum initial deposit
· tiered rate of interest calculated on closing daily balance
· interest compounded quarterly