Canadian Western Bank (CWB) AgriInvest Savings Account
Savings
Description:
The AgriInvest Savings Account enables farmers to save faster, benefitting from matching government contributions. The account also provides easy access to cash when needed.
Comments on Funding:
This account offers the following features and inclusions:
Rates:
– $0 – $25,000: 1.250%
– $25,001 and over: 1.600%.
Product Inclusions:
– Tier-based, market leading interest rates;
– Unlimited transactions;
– No minimum balance.
Continuous Intake
Eligibility:
Farmers, growers and other agribusinesses.
Application Steps:
Applicants must connect with the Relationship Manager using the bank’s online contact form.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
Interest is calculated on the daily closing balance at the applicable rate tier and paid on the last day of the month, for the period beginning on the last day of the previous month and ending on the second last day of the month. Interest and rate tiers are subject to change without notice. Interest is paid in the currency of the account. All rates are per annum and are subject to change without notice.
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Maurice