Deposit Rates
Notice: Discontinuation of select Term Deposit products
Effective January 20, 2026, we will discontinue the following Term Deposit products:
- Non-redeemable Term Deposits (monthly interest option)
- Short-term CAD Term Deposits
- Redeemable Term Deposits (Note: 1-year non-registered redeemable option will remain available)
- Short Term USD Term Deposits
- Index-Linked Term Deposits
- Escalator 3- and 5-year Term Deposits
Please note: The discontinuation of these products applies to both registered and non-registered investment accounts, unless otherwise noted.
If you hold one of these products, no action is required at this time. Your existing Term Deposit(s) will remain in place until their maturity date. At that time, you can choose from our available Term Deposit options.
| Plan 24 | |
|---|---|
| $0 - $5000 | 0.250% |
| $5000.01 - $10,000 | 0.250% |
| $10,000.01 - $25,000 | 0.250% |
| $25,000.01 - $50,000 | 0.250% |
| $50,000.01 - $100,000 | 0.250% |
| Only funds to this tier $100,000.01 - $250,000 | 0.250% |
| Only funds to this tier $250,000 and over | 0.400% |
| Interest calculated on Closing Daily Balance Paid Monthly | |
| US Chequing | |
|---|---|
| $1,000 - $2,999.99 | 0.000% |
| $3,000 - $4,999.99 | 0.000% |
| $5,000 - $9,999.99 | 0.050% |
| $10,000 - $59,999.99 | 0.050% |
| $60,000 and over | 0.050% |
*Rates Effective: March 13, 2025
*Rates are subject to change without notice.
*Conditions may apply.
*Additional terms and rates are available upon request.
We are transparent with our members on account and service fees. Curious what our fees are? Take a look at our Service Charges and Fees. If you have questions please call us at 1-877-WESTOBA or visit a branch.