Smart Savings Plan
A great way to save! Designed as an alternative to Canada Savings Bonds, this convenient plan can be set up using automatic transfers to allow you to grow your savings.
Benefits:
- Save money with NO Monthly FEES
- No waiting period for an emergency withdrawal
- Matures just in time for holiday shopping
Features:
- Earn 3.5% return on your savings
- Compounded monthly interest
- ONE withdrawal* permitted per year (in-branch only)
- Convenient automatic transfer into the plan
Plan begins on November 1st of each year, with principal and accrued interest paid at maturity, on October 31st of the following year.
*Upon second withdrawal, the plan will collapse into a YOUR Savings Plan automatically, forfeiting accrued interest and assuming the YOUR Savings associated rates and fees.
*Upon second withdrawal, the plan will collapse into a YOUR Savings Plan automatically, forfeiting accrued interest and assuming the YOUR Savings associated rates and fees.
