Rates that yield shared prosperity
Libro believes in fair and open pricing for all our products, services and that also includes the rates we offer. Our main goal is not to enrich ourselves but to grow prosperity in southwestern Ontario. This means that we invest our profits back into our communities, branches and staff to provide you with high quality service.
We want our Owners, their farms, local businesses and communities to succeed. In that spirit, we'll always provide the most competitive rates we can offer while keeping the shared well-being of all of us in mind.
If you have any questions, please contact us.
NOTICE: Due to the global impact of the COVID-19 pandemic, at this time Libro can only provide USD and EUR cash orders. Libro’s full range of currencies for wires are available as normal. This is a constantly evolving situation and we will share updates as we receive them.
All rates are subject to change without notice.
Investments
Term Deposits
Registered and Non-Registered
Updated: August 5, 2020 12:58 PM
Product
Range
Rates
Non-Redeemable
30 - 59 Days
0.400%
60 - 89 Days
0.400%
90 - 179 Days
0.400%
180 - 269 Days
0.500%
270 - 364 Days
0.500%
Patronage bonus rates on Term Deposits and GIC’s (registered and non-registered) are available to those who do significant business with Libro. To see if you qualify, please contact your Libro Coach or connect with our Contact Centre.
Guaranteed Investment Certificates (GIC)
Registered and Non-Registered
Updated: August 5, 2020 12:58 PM
Product
Range
Rates
Redeemable
1 Year Redeemable (excluding RIF, without penalty after 90 days)
0.400%
Product
Range
Rates
Non-Redeemable, Interest Paid Annually
1 Year
1.350%
2 Years
1.500%
3 Years
1.550%
4 Years
1.650%
5 Years
1.750%
Patronage bonus rates on Term Deposits and GIC’s (registered and non-registered) are available to those who do significant business with Libro. To see if you qualify, please contact your Libro Coach or connect with our Contact Centre.
Variable Deposits
Updated: August 5, 2020 12:58 PM
Product
Range
Rates
RRSP Variable Rate
0.400%
Product
Range
Rates
RRIF Variable Rate
$ 0 - 4,999
0.400%
$ 5,000 - 24,999
0.400%
$ 25,000 - 49,999
0.400%
$ 50,000 - 99,999
0.400%
$ 100,000 plus
0.400%
Product
Range
Rates
TFSA Variable Rate
Variable
0.400%
Mortgages / Loans
Residential Mortgages
Updated: August 5, 2020 12:58 PM
Product
Range
Rates
1st Mortgage Variable 5 Year. Closed from
2.450%
Product
Range
Rates
6 Month Closed
4.750%
1 Year Closed
2.390%
2 Year Closed
2.440%
3 Year Closed
2.490%
4 Year Closed
2.540%
5 Year Closed
2.590%
5 Year Closed (2.5% Cash Back)*
3.290%
7 Year Closed
3.990%
120 day rate guarantee
On approved credit for owner-occupied residential properties. Ask for full details.
*Cash Back Mortgage full terms and conditions.
Rate discounts may apply, talk to a Libro Coach today.
Consumer Loans
Updated: August 5, 2020 12:58 PM
Product
Rates
MeritLine (Home Equity line of credit) from
3.450%
Product
Rates
Personal Loans from
3.450%
Product
Rates
Overdraft Protection - up to $5,000
19.490%
Product
Rates
Collabria VISA® Credit Cards from
9.900%
Day-to-Day Banking
Savings Account
Updated: August 5, 2020 12:58 PM
Product
Range
Rates
Regular, Youth
$ 0 - 4,999
0.125%
$ 5,000 - 24,999
0.250%
$ 25,000 - 49,999
0.250%
$ 50,000 - 99,999 *
0.350%
$ 100,000 plus *
0.400%
Product
Range
Rates
Investment Savings
$ 0 - 999
0.000%
$ 1,000 plus
0.400%
Product
Range
Rates
Tax Accounts
0.125%
Chequing Account
Updated: August 5, 2020 12:58 PM
Product
Range
Rates
Go Free, Basic, Simplify, Premium
$ 0 - 4,999
0.125%
$ 5,000 - 24,999
0.125%
$ 25,000 - 49,999
0.125%
$ 50,000 - 99,999 *
0.250%
$ 100,000 plus *
0.250%
Product
Range
Rates
US $ Account
$ 0 - 4,999
0.125%
$ 5,000 - 99,999
0.125%
$ 100,000 - 499,999
0.250%
$ 500,000 plus
0.500%
*Interest is paid on the portion of the balance within the tier.
Business / Agriculture
Agricultural Chequing Account
Updated: August 5, 2020 12:58 PM
Product
Range
Rates
Current Account (all packages, incl. Community One)
$ 0 - 1,999
0.000%
$ 2,000 - 9,999
0.125%
$ 10,000 - 99,999
0.125%
$ 100,000 plus
0.250%
Product
Range
Rates
US $ Account
$ 0 - 4,999
0.125%
$ 5,000 - 99,999
0.125%
$ 100,000 - 499,999
0.250%
$ 500,000 plus
0.500%
Agricultural Savings Account
Updated: August 5, 2020 12:58 PM
Product
Range
Rates
AgriInvest Accounts
$ 0 - 4,999
0.400%
$ 5,000 - 24,999
0.400%
$ 25,000 - 49,999
0.400%
$ 50,000 - 99,999
0.400%
$ 100,000 plus
0.400%
Product
Range
Rates
Regular Savings
$ 0 - 4,999
0.125%
$ 5,000 - 24,999
0.250%
$ 25,000 - 49,999
0.250%
$ 50,000 - 99,999 *
0.350%
$ 100,000 plus *
0.400%
Product
Range
Rates
Investment Savings
$ 0 - 999
0.000%
$ 1,000 plus
0.400%
Business Chequing Account
Updated: August 5, 2020 12:58 PM
Product
Range
Rates
Current Account (all packages, incl. Community One)
$ 0 - 1,999
0.000%
$ 2,000 - 9,999
0.125%
$ 10,000 - 99,999
0.125%
$ 100,000 plus
0.250%
Product
Range
Rates
US $ Account
$ 0 - 4,999
0.125%
$ 5,000 - 99,999
0.125%
$ 100,000 - 499,999
0.250%
$ 500,000 plus
0.500%
Business Savings Account
Updated: August 5, 2020 12:58 PM
Product
Range
Rates
Regular Savings
$ 0 - 4,999
0.125%
$ 5,000 - 24,999
0.250%
$ 25,000 - 49,999
0.250%
$ 50,000 - 99,999 *
0.350%
$ 100,000 plus *
0.400%
Product
Range
Rates
Investment Savings
$ 0 - 999
0.000%
$ 1,000 plus
0.400%