GIC Rates

B2B Bank GIC Deposit Rates (%) - as of January 25, 2022

Short Term Deposits

(Minimum $25,000 for 30-89 days; $5,000 for 90-364 days)

30-59 Days 60-89 Days 90-119 Days 120-179 Days 180-269 Days 270-364 Days
Canadian Dollar 0.100 0.100 0.150 0.150 0.400 0.500

Long Term Deposits – GICs

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 1.300 2.000 2.250 2.350 2.450
Semi-Annual $ 1,000.00 1.050 1.750 2.000 2.100 2.200
Quarterly $ 1,000.00 0.925 1.625 1.875 1.975 2.075
Monthly $ 10,000.00 0.925 1.625 1.875 1.975 2.075

RRSP

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 1.300 2.000 2.250 2.350 2.450

RRIF

(Minimum deposit: $10,000 per portfolio)

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 1.300 2.000 2.250 2.350 2.450
CDIC Badge

 

B2B Bank is a member of the CDIC. Only deposits payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act. For more information about deposit protection, visit www.cdic.ca.

Laurentian Bank GIC Deposit Rates¹ (%) - as of January 25, 2022

Short Term Deposits

(Minimum $25,000 for 30-89 days; $5,000 for 90-364 days)

30-59 Days 60-89 Days 90-119 Days 120-179 Days 180-269 Days 270-364 Days
Canadian Dollar 0.100 0.100 0.150 0.150 0.400 0.500

Long Term Deposits – GICs

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 1.300 2.000 2.250 2.350 2.450
Semi-Annual $ 1,000.00 1.050 1.750 2.000 2.100 2.200
Quarterly $ 1,000.00 0.925 1.625 1.875 1.975 2.075
Monthly $ 10,000.00 0.925 1.625 1.875 1.975 2.075

RRSP

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 1.300 2.000 2.250 2.350 2.450

RRIF

(Minimum deposit: $10,000 per portfolio)

Minimum 1 Year 2 Years 3 Years 4 Years 5 Years
Annual Pay or Compound $ 1,000.00 1.300 2.000 2.250 2.350 2.450

¹Rates for terms sold through deposit brokers.