1.30% -> 1.10% effective August 5, 2021 | Implicity Financial | Discussion forum

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1.30% -> 1.10% effective August 5, 2021
August 4, 2021
2:29 pm
dhb
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Implicity Financial values your business and wanted to notify you that our rates will be changing effective August 5, 2021.

High Interest Savings 1.10% (currently 1.30%)
TFSA Savings 1.10% (currently 1.30%)
RRSP Savings 1.10% (currently 1.30%)
RRIF Savings 1.10% (currently 1.30%)

GIC/ RRSP/ RRIF/ TFSA Term Deposits
1 Year 1.10% (currently 1.30%)
2 Year 1.40% (currently 1.45%)
3 Year 1.40% (currently 1.55%)
4 Year 1.50% (currently 1.60%)
5 Year 1.65% (currently 1.75%)

August 4, 2021
3:17 pm
lhsaid
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What a game ! they just moved to 1.30 !

August 4, 2021
3:21 pm
dhb
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lhsaid said
What a game ! they just moved to 1.30 !  

In the meantime, they announced that they are merging with Outlook Financial. That's what was the game about.

August 4, 2021
3:42 pm
BestBankerEver
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No doubt in my mind that this is a before/after ploy for the merger vote.

August 4, 2021
4:11 pm
Jowett
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So if we want revenge do we vote NO ?

August 4, 2021
4:59 pm
AltaRed
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CUs will need to bulk up to survive this decade. At circa #56 in Canada (ex Quebec) with less than $1B in assets, Implicity (Entegra) needs to do something to remain relevant.

August 4, 2021
5:23 pm
BestBankerEver
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Jowett said
So if we want revenge do we vote NO ?  

I planned to. But have you ever seen a merger vote fail?

You will note the vote procedure will say that not all logins will work and you have to contact Implicity. Mine did NOT work.

August 4, 2021
5:47 pm
BestBankerEver
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So vote here If any one has a problem of what number to use.....not your login ATM number.....let me know.

August 5, 2021
7:56 am
BestBankerEver
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Look at this....they are that sure the merger will happen....they are telling us....

Screen-Shot-2021-08-05-at-7.52.54-AM.png

In old speak that is putting the cart ahead of the horse.

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