Deposit Broker Products

Guaranteed Investment Certificates (GIC)

Our fixed-term non-registered GICs are eligible for CDIC insurance. They offer a guaranteed rate of return and are transferable* and available in terms from thirty days to five years. Please see our current interest rates. Refer to Terms & Conditions for more information.

* A nominal fee may apply - refer to Fees

Registered Retirement Savings Plans (RRSP)

Our registered fixed-term GICs provide the benefit of tax-protected earnings to help build for your retirement in addition to a deduction on your tax return today. Registered GICs are available in terms from one to five years. Please see our current interest rates. Refer to Terms & Conditions for more information.

Tax-Free Savings Account (TFSA)

Eligible products for our TFSA include both our Sunrise Savings Account and our one to five year compounding Guaranteed Investment Certificates. Please see our current interest rates for both products. Refer to our Tax-Free Savings Account Agreement for detailed Terms & Conditions.

Our TFSA Sunrise Daily Interest Savings Account offers the security of deposits eligible for CDIC insurance, and the flexibility of your funds being available at any time. Interest is calculated daily on the closing balance and paid monthly.

Key features include:

  • no locked-in funds
  • no minimum balance
  • no monthly fees
  • and no reinvestment dates to remember

Deposit Insurance

VersaBank is a member of the Canada Deposit Insurance Corporation.

For more information about what’s covered and how it works, click the digital symbol.

CDIC Digital Membership Sign - This logo signifies that this institution is a CDIC Member

View list of VersaBank’s Deposit Register of Eligible Products.