New Hours Tax-Free Savings Account:
January will bring the new Tax Free Savings Account, you invest your money
at a competitive rate and you pay no tax on the interest earned when you
withdrawal the funds. We offer a savings section or for even better interest
rates, 1 to 5 year terms. You can deposit to the account with a payroll
deduction or you can borrow the money to enable you to deposit the maximum
$5,000. allowed each year.
We also have a new service offered on your ATM card. When you make a
purchase with your card you can have the purchase rounded up to the nearest
1.00 or 5.00, your choice. The change over and above the purchase will go to
a savings account where it will accumulate until you need it.
Open a new chequing account and have direct deposit of your pay into the account and we will give you an automatic overdraft of $1,000.
The information in this article was current at 06 Dec 2011