Student Savings Account

Quick facts

• Main feature: redeemable before maturity
• Interest rate: fixed, guaranteed until maturity and higher than the regular savings account rate
• Term: 12 months
• Withdrawal: at any time; $300 minimum for partial withdrawals with account balance maintained above $500

Get this product Becoming a member

Who should get this investment?

Students age 24 and under,in a vocational program, CEGEP or university. Ideal if you want to make your income grow, as well as the loans and bursaries that you don't need to use right away.

Features

Interest rate	Fixed. Guaranteed until maturity. Higher than the regular savings account rate.
Deposit amount and frequency	Flexible. Frequency of transfers (the amount indicated for each frequency is the minimum amount accepted): Weekly: $10 Every 2 weeks: $20 Twice a month: $25 Monthly: $45
Minimum savings objective	$500 over 12 months.
Withdrawal	You may completely withdraw the money accumulated at any time before maturity1. Accrued interest will be paid to you in full as long as the withdrawal is made at least 90 days (3 months) after the investment issue date.
Other	Insured deposits up to $100,000. Eligible for potential member dividends. Savings-Life Insurance available.

	By phone (Members)	1-888-283-8333
	At the branch	Make an appointment with an advisor at a branch.

1. Some conditions apply.