Synergy::Agricultural - Non-Redeemable Term Deposit

Product in a Nutshell: (What is it?)

An investment account members can deposit money to for a certain length of time at a guaranteed rate of return.

Benefits

Features

Growth: “You know what your growth will be.”

- Competitive rates
- Premium rates for deposits $50,000 and over

“Your rate of return is guaranteed.”

“You can start your investment with a small amount.”

“You have the opportunity for a rate bonus through profit sharing.”

- Guaranteed rates until maturity

-Minimum amount of $500

- Eligible for ProfitShares program

Flexible: “You have multiple options to choose from.”

“You can choose to have the interest paid to an account of your choice.”

- Terms available 12 to 84 months

-Interest compounded annually*
or
Interest payout option

Immediate or detailed information: "You have multiple ways of accessing account information or history."

- In branch assistance
- Immediate access to online banking, telephone banking and mobile services
- Monthly detailed statements

Cost Savings: “You can use your investment as security to obtain a better loan rate.”

- Can be used as collateral

Security: "You can rest assured knowing your money is safe."

- Your funds are fully guaranteed through our unlimited deposit guarantee.

Additional Information:

* Monthly for Senior members

Who might benefit from this product/ service?

Any member with excess funds in their savings or chequing accounts.