Rates

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List of rates for Prime Rate
Prime Rate Rates Effective: 2025-01-31	Rate
FNBC Prime Rate	5.20

Personal

Business

Mortgages

Registered Plans

Term Deposits

List of rates for First Nations High Interest Savings Account
First Nations High Interest Savings Account Rates Effective: 2022-04-20	Rate
$0.00 to $4,999.99	0.15
$5,000 to $9,999.99	0.15
$10,000 to $24,999.99	0.15
$25,000 to $59,999.99	0.15
$60,000 to $4,999,999.99	0.15
$5,000,000 and over	0.15

List of rates for Every Day Savings Account
Every Day Savings Account Rates Effective: 2022-04-20	Rate
$0 to $999.99	0.05
$1,000 to $4,999.99	0.05
$5,000 to $9,999.99	0.05
$10,000 to $24,999.99	0.05
$25,000 to $59,999.99	0.05
$60,000 and over	0.05

List of rates for High Interest Savings Account
High Interest Savings Account Rates Effective: 2022-04-20	Rate
$0.00 to $4,999.99	0.05
$5,000 to $9,999.99	0.15
$10,000 to $24,999.99	0.15
$25,000 to $59,999.99	0.15
$60,000 to $4,999,999.99	0.15
$5,000,000 and over	0.15

List of rates for Youth Account
Youth Account Rates Effective: 2022-04-20	Rate
$0.00 to $4,999.99	0.05
$5,000 and over	0.05

List of rates for Elders Plan
Elders Plan Rates Effective: 2022-04-20	Rate
$0.00 to $2,999.99	0.05
$3,000 to $4,999.99	0.05
$5,000 to $9,999.99	0.10
$10,000 to $24,999.99	0.10
$25,000 to $59,999.99	0.10
$60,000 to $99,999.99	0.10
$100,000 and over	0.10

List of rates for US Daily Interest Chequing and Borderless Plan
US Daily Interest Chequing and Borderless Plan Rates Effective: 2022-04-20	Rate
$0.00 to $499.99	0.00
$500 to $999.99	0.00
$1,000 to $2,999.99	0.01
$3,000 to $4,999.99	0.01
$5,000 to $9,999.99	0.01
$10,000 to $24,999.99	0.01
$25,000 to $59,999.99	0.01
$60,000 and over	0.01

Interest is paid in the currency of the account.
Interest is payable monthly at the rates per annum, as offered.
Interest for each tier is paid on your total daily closing balance.

List of rates for Business Savings Account
Business Savings Account Rates Effective: 2022-04-20	Rate
$0.00 to $9,999.99	0.150
$10,000 to $24,999.99	0.15
$25,000 to $99,999.99	0.15
$100,000 to $249,999.99	0.20
$250,000 to $499,999.99	0.20
$500,000 to $4,999,999.99	0.30
$5,000,000 and over	0.30

List of rates for Fixed Rate Mortgages
Fixed Rate Mortgages Rates Effective: 2025-02-13	Rate
1 year	6.64
1 year special rate	5.84
2 years	6.24
2 year special rate	5.44
3 years	6.39
3 year special rate	4.64
4 years	6.24
4 year special rate	4.59
5 years	6.39
5 year special rate	4.59
5 year CMHC insured	4.29

Term: 1, 2, 3, 4 and 5 years
Interest Rate: Fixed for the full term selected
Financing Available: Conventional and high-ratio
Payment Options: Weekly, biweekly, semi-monthly, monthly
Rapid Paydown: Payments can be increased by up to 100% over the term without charge
Prepayment Option: Up to 15% each year

List of rates for Open Mortgages
Open Mortgages Rates Effective: 2025-02-13	Rate
1 year	9.00

Term: 1 year
Interest Rate: Fixed for 1 year
Financing Available: Conventional and high-ratio
Payment Options: Weekly, biweekly, semi-monthly, monthly
Rapid Paydown: Payments can be increased by up to 100% over the term without charge
Prepayment Option: Full or partial prepayments on any date without charge

List of rates for Variable Interest Rate Mortgages Closed
Variable Interest Rate Mortgages Closed Rates Effective: 2025-02-13	Rate
VIRM 5 year closed	5.20

Rate is FNBC Prime +0.00%
Term: 5 years (closed)
VIRM where the rate is set on the first day of each month
Conventional and high-ratio
Weekly, biweekly, semi-monthly, monthly
Payments can be increased by up to 100% over the term without charge
Up to 15% each year
Fixed Rate Option: Convert to a fixed rate option at any time as long as the term is at least the lesser of 3 years or the current remaining term

List of rates for Variable Interest Rate Mortgages Open
Variable Interest Rate Mortgages Open Rates Effective: 2025-02-13	Rate
VIRM 5 year open	8.50

Rate is FNBC Primes +3.30%
Term: 5 years (open)
Interest Rate: VIRM where the rate is set on the first day of each month
Financing Available: Conventional and high-ratio.
Payment Options: Weekly, biweekly, semi-monthly, monthly
Rapid Paydown: Payments can be increased to any amount over the term without charge
Prepayment Option: Full or partial prepayments on any date. Full prepayment subject to an administration fee. First year = $500; Second year = $250; After two years = $0
Fixed Rate Option: Convert to a fixed rate option at any time

List of rates for Daily Interest Savings RRSP
Daily Interest Savings RRSP Rates Effective: 2020-07-22	Rate
$0.00 to $4,999.99	0.00
$5,000 to $24,999.99	0.05
$25,000 to $59,999.99	0.10
$60,000 and over	0.10

List of rates for High Interest TFSA Savings Account
High Interest TFSA Savings Account Rates Effective: 2020-07-22	Rate
$0.00 to $999.99	0.15
$1000 to $4,999.99	0.15
$5,000 to $9,999,99	0.15
$10,000 to $24,999.99	0.15
$25,000 to $59,999.99	0.15
$60,000 and over	0.15

Interest is payable monthly at the rates per annum, as offered.
Interest for each tier is paid on your total daily closing balance.

List of rates for Short Term Redeemable
Short Term Redeemable Rates Effective: 2022-04-20	Rate
30-59 days	0.30
60-89 days	0.30
90-119 days	0.35
120-179 days	0.40
180-269 days	0.45
270-365 days	0.45

List of rates for Long Term Redeemable
Long Term Redeemable Rates Effective: 2022-04-20	Rate
1 year	0.65
2 years	0.85
3 years	0.95
4 years	1.05
5 years	1.25

List of rates for Long Term Non-Redeemable
Long Term Non-Redeemable Rates Effective: 2022-04-20	Rate
1 year	1.05
2 years	1.20
3 years	1.35
4 years	1.50
5 years	2.00

List of rates for Wait and See Redeemable
Wait and See Redeemable Rates Effective: 2022-04-20	Rate
1 year	0.10

Key Benefits
Offers a guaranteed rate of interest for a specific term (short and long term) for customers who are prepared to lock in their funds or need the flexibility of a pre-encashment option. Diversify maturities by creating a laddering strategy using different "Term" lengths.

Cashability
Non-redeemable Term Deposits are not cashable prior to maturity. Early encashment will be subject to buyback pricing except in the case of death or financial distress. The buyback penalty reflects the cost to the Bank for cashing the investment prior to maturity. The penalty is applied to the principal amount of the deposit. All interest is paid up to the date of cashing.
Redeemable Term Deposits are cashable prior to maturity at a pre-encashment rate determined at the time of purchase. Must be held for at least 30 days to earn interest.
Wait and See Redeemable Term Deposits are redeemable after 30 days at the posted rate as of date of purchase. Must be held for at least 30 days to earn interest.