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Hubert's Latest Rate Reductions - Effective Oct. 8th
October 7, 2020
12:45 pm
Dean
Slocan Valley, West Kootenays, British Columbia
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January 12, 2019
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.
From this morning's email . . .

    Rate Update
    .
    Our daily savings and term rates are decreasing on Thursday, October 8.
    .
    Our new rates will be:
    .
    Daily savings - 1.40%
    .
    1-year term - 1.50% average
    2-year term - 1.55%
    3-year term - 1.65%
    4-year term - 1.70%
    5-year term - 1.90%

.

Dean

sf-cool " Live Long And Prosper " sf-cool

October 7, 2020
2:44 pm
Norman1
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A 10 bps decrease except for the five year term:

Daily savings - 1.40% (-0.10%)
1-year term - 1.50% average (-0.10%)
2-year term - 1.55% (-0.10%)
3-year term - 1.65% (-0.10%)
4-year term - 1.70% (-0.10%)
5-year term - 1.90%

October 8, 2020
3:42 am
Briguy
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Norman1 said
A 10 bps decrease except for the five year term:

Daily savings - 1.40% (-0.10%)
1-year term - 1.50% average (-0.10%)
2-year term - 1.55% (-0.10%)
3-year term - 1.65% (-0.10%)
4-year term - 1.70% (-0.10%)
5-year term - 1.90%  

That's good news for people on the 5 yr GIC ladder, since they renew each year for 5 year GIC

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