GICs/Fixed Terms

A Guaranteed Investment Certificate (GIC) offers a guaranteed rate of return over a fixed period of time. GICs can help you diversify your portfolio and provide for a lower risk investment.


  • League Savings and Mortgage Guaranteed Investment Certificates (GICs) pay excellent rates of interest for terms of 1 to 5 years.
  • Interest can be paid annually, semi-annually, or monthly or left to compound until the maturity date of the term.
  • Minimum amount for monthly interest is $5,000; annual or semi-annual $500; compound $500.
  • Interest payments are deposited directly to your account at any financial institution.
  • GIC investments may be registered in single, joint, or multiple names or in the name of a corporation or an organization.
  • GICs may be transferred or pledged as loan collateral.
  • Redeemable in the event of death of the registered owner.
  • Interest accrues daily and is paid annually on the anniversary date, with the exception of monthly GICs, which are paid monthly.

A secure, high yield investment for:

  • Individuals
  • Trustees
  • Church Groups
  • Corporations

At League Savings and Mortgage, our qualified staff will be pleased to discuss any aspect of your investment requirements and explain our GICs features and options in more detail.