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Fixed Date Deposits:
Guaranteed Investment Certificates (GIC)
 A GIC is offered
to investors who wish to earn a higher rate of interest over a fixed
period of time while still providing flexibility in terms of investment
length and interest payment options.
Features:
- Guaranteed interest
rate for length of term
- Interest is determined
by the frequency of interest payments
- Interest is paid
either monthly, quarterly, semi-annually, or annual, and at maturity,
depending upon the amount, length of the term, and method of payment
- Minimum deposit
for term and interest payment plan:
| 30
to 364 days |
| interest
paid at maturity |
| 1
year to 5 years and 5 days |
| interest
paid semi-annually, annually and at maturity |
| 1
year to 5 years and 5 days |
| interest
paid quarterly |
| 1
year to 5 years and 5 days |
| interest
paid monthly into customer's ATB account |
| 1
year to 5 years and 5 days |
| interest
paid monthly by cheque |
- Only redeemable
at maturity, except in the event of death of the registered
owner(s).
- GICs are
non-transferable.
- You can
invest in GICs at anytime.
Options:
- Terms available
from 30 days to 5 years and 5 days
- Bonus rates available
for Priority Plan members (some restictions apply) or amounts over
$100,000
 For your convenience, ATBOnline banking customers
can purchase select GICs through our automated
system. If you would like more information, call us at
1-888-665-9282 or visit your local branch.
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