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Mutual Funds*
We provide access to over 3,000 leading mutual funds that provide a convenient method to diversify your savings in different types of investments. Choose from AIC, AIM/Trimark, AGF, CI,
Ethical Funds®
, Fidelity, Franklin Templeton, Mackenzie, and many more.
Redeemable Rate Builders
Redeemable Rate Builders let you build for the future faster with guaranteed growth over five years and the added advantage of penalty-free redemption on the anniversary date.
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Five Year
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Three Year
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7.00% year five
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5.05% year three
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4.00% year four
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4.05% year two
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3.45% year three
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3.05% year one
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3.25% year two
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3.10% year one
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Average yield of 4.15%
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Average yield of 4.05%
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For option 2 - All deposits, plus accrued interest, are 100% guaranteed by the Credit Union Deposit Guarantee Corporation. Minimum deposit of $1000. Rates are subject to change.
Pre Authorized Contributions (PAC)
Take the stress out of investing with monthly contributions to your RRSP. Through monthly RRSP contributions (versus making one annual RRSP contribution) you take advantage of the benefits including:
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your money is working for you sooner and it works harder for you because it earns more interest (compounding interest)
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you pay yourself first - rather than waiting until February to see how much you can afford during the last minute rush
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investing regularly can lower the cost of your investments (dollar cost averaging)
At Capital City Savings we understand the importance of saving for your retirement to secure your future. We have access to a number of RRSP investment options to provide a secure, independent source of income for your retirement. In addition, an RRSP offers other unbeatable advantages:
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your contribution to an RRSP can be deducted from your taxable income up to limits set by Canada Revenue Agency (CRA)
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your investment continues to grow in a tax-free environment until you withdraw it
If you don't have a retirement plan one of our representatives would be happy to assist you in choosing the right RRSP options for your lifestyle and needs. And if you'd like, we can test the performance of your mutual funds* and advise you on the value of diversification.
Contact us today for more details or to make an appointment with one of our Personal Bankers.
Phone 496-2000 or toll free 1-877-496-2151 or
email
RRSP loans
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Classic RRSP Loan
Under Prime
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One-year loan at 1/4% below Prime
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RRSP Authorized Overdraft
(AOD)
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If you are borrowing each year to supplement your RRSP, the RRSP AOD is quick and convenient, and you don't have to come into the branch each year to request financing. Save time and money with a rate at 1/4% below Prime
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RRSP Top-Up Loan
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an easy way to make a one-time catch-up on your RRSP, with up to 10 years to repay
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*Mutual funds and other securities are offered through Credential Securities Inc. and
Credential Direct®
, a division of Credential Securities Inc., which operates as a separate business unit. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, cash balances, mutual funds and other securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. Mutual Funds and other securities are not guaranteed, their values change frequently and past performance may not be repeated.
Credential Securities Inc.
is a Member - CIPF
.
®Ethical Funds
is a registered mark owned by Ethical Funds Inc. and is used under licence.
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