Guaranteed Investment Certificates (GIC)

HomeEquity Bank offers Guaranteed Investment Certificates to investors across Canada through a network of independent deposit brokers. Contact your investment advisor to purchase a HomeEquity Bank GIC. HomeEquity Bank's GICs are eligible for deposit insurance protection from CDIC for up to $100,000.

• Terms range from 1 to 5 years.
• The GICs are not redeemable prior to maturity except in the case of death of a registered owner.
• Interest rate is fixed for the length of the term chosen.
• Unless otherwise stated, all rates quoted are per annum.
• Interest is calculated daily and is paid either monthly, quarterly, semi-annually or annually by direct deposit or alternatively, interest can be compounded annually and paid at maturity.

Interest rates offered by HomeEquity Bank are updated frequently and changes can occur at any time. Our rates are posted on CANNEX and we advise our agents of all rate changes. Interest is calculated daily and is paid either monthly, quarterly, semi-annually or annually by direct deposit or alternatively, interest can be compounded annually and paid at maturity. The rates are dependent on term and the frequency of payment. Rates are subject to change without notice. Unless otherwise stated all rates are quoted per annum.

PAYMENT FREQUENCY	1 YEAR	2 YEAR	3 YEAR	4 YEAR	5 YEAR	MINIMUM DEPOSIT
Annually	3.85	3.79	3.78	3.63	3.81	$5,000
Semi-Annually	3.81	3.75	3.74	3.59	3.77	$5,000
Quarterly	3.78	3.72	3.71	3.56	3.74	$5,000
Monthly	3.76	3.70	3.69	3.54	3.72	$5,000