Rates

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.


Foreign Exchange Rates


All rates are subject to change without notice.

Agricultural Chequing Account

Updated: July 20, 2018 12:34 PM

Product

Range

Rates

Current Account (all packages, incl. Community One)
$ 0 - 1,999
0.000%
$ 10,000 - 99,999
0.125%
$ 100,000 plus
0.400%
$ 2,000 - 9,999
0.125%

Product

Range

Rates

US $ Account
$ 0 - 4,999
0.125%
$ 100,000 - 499,999
0.400%
$ 5,000 - 99,999
0.125%
$ 500,000 plus
0.750%

*Interest is paid on the portion of the balance within the tier.

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Agricultural Savings Account

Updated: July 20, 2018 12:34 PM

Product

Range

Rates

AgriInvest Accounts
$ 0 - 4,999
1.250%
$ 100,000 plus
1.250%
$ 25,000 - 49,999
1.250%
$ 5,000 - 24,999
1.250%
$ 50,000 - 99,999
1.250%

Product

Range

Rates

Investment Savings
$ 0 - 999
0.000%
$ 1,000 plus
1.250%

Product

Range

Rates

Regular Savings
$ 0 - 4,999
0.125%
$ 100,000 plus *
0.750%
$ 25,000 - 49,999
0.250%
$ 5,000 - 24,999
0.250%
$ 50,000 - 99,999 *
0.350%

Commercial Chequing Account

Updated: July 20, 2018 12:34 PM

Product

Range

Rates

Current Account (all packages, incl. Community One)
$ 0 - 1,999
0.000%
$ 10,000 - 99,999
0.125%
$ 100,000 plus
0.400%
$ 2,000 - 9,999
0.125%

Product

Range

Rates

US $ Account
$ 0 - 4,999
0.125%
$ 100,000 - 499,999
0.400%
$ 5,000 - 99,999
0.125%
$ 500,000 plus
0.750%

Chequing Account

Updated: July 20, 2018 12:34 PM

Product

Range

Rates

Go Free, Basic, Simplify, Premium, Golden
$ 0 - 4,999
0.125%
$ 100,000 plus *
0.250%
$ 25,000 - 49,999
0.125%
$ 5,000 - 24,999
0.125%
$ 50,000 - 99,999 *
0.250%

Product

Range

Rates

US $ Account
$ 0 - 4,999
0.125%
$ 100,000 - 499,999
0.400%
$ 5,000 - 99,999
0.125%
$ 500,000 plus
0.750%

*Interest is paid on the portion of the balance within the tier.

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Commercial Savings Account

Updated: July 20, 2018 12:34 PM

Product

Range

Rates

Investment Savings
$ 0 - 999
0.000%
$ 1,000 plus
1.250%

Product

Range

Rates

Regular Savings
$ 0 - 4,999
0.125%
$ 100,000 plus *
0.750%
$ 25,000 - 49,999
0.250%
$ 5,000 - 24,999
0.250%
$ 50,000 - 99,999 *
0.350%

*Interest is paid on the portion of the balance within the tier.

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Guaranteed Investment Certificates (GIC)

(Registered, Non-registered)

Updated: July 20, 2018 12:34 PM

Product

Range

Rates

Non-Redeemable, Interest Paid Annually
1 Year
1.900%
2 Years
2.200%
3 Years
2.300%
4 Years
2.500%
5 Years
2.750%

Product

Range

Rates

Redeemable
1 Year Redeemable (excluding RIF, without penalty after 90 days)
1.000%

Patronage bonus rates on Term Deposits and GIC’s (registered & 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.

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Consumer Loans

Updated: July 20, 2018 12:34 PM

Product

Rates

MeritLine (Home Equity line of credit) from
4.700%

Product

Rates

Overdraft Protection - up to $5,000
19.490%

Product

Rates

Personal Loans from
4.700%

Product

Rates

Collabria VISA® Credit Card
9.900%

Residential Mortgage Rates

Updated: July 20, 2018 12:34 PM

Product

Range

Rates

3 Year Protected Prime*
3.950%

Product

Range

Rates

1 Year Closed
3.700%
2 Year Closed
3.700%
3 Year Closed
3.700%
4 Year Closed
3.740%
5 Year Closed
3.790%
6 Month Closed
4.250%
6 Month Open
5.350%
7 Year Closed
5.250%

Product

Range

Rates

1st Mortgage Variable 5 Year. Closed from
3.700%

*120 day rate guarantee

**On approved credit for owner-occupied residential properties. Ask for full details.

Rate discounts may apply, talk to a Libro Coach today.

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Prime Rate

Updated: July 20, 2018 12:34 PM

Product

Rates

Prime Rate
3.700%

Variable Rates

Updated: July 20, 2018 12:34 PM

Product

Range

Rates

RRIF Variable Rate
$ 0 - 4,999
1.250%
$ 100,000 plus
1.250%
$ 25,000 - 49,999
1.250%
$ 5,000 - 24,999
1.250%
$ 50,000 - 99,999
1.250%

Product

Range

Rates

RRSP Variable Rate
1.250%

Product

Range

Rates

TFSA Variable Rate
Variable
1.250%

Savings Account

Updated: July 20, 2018 12:34 PM

Product

Range

Rates

Investment Savings
$ 0 - 999
0.000%
$ 1,000 plus
1.250%

Product

Range

Rates

Regular, Youth, Golden
$ 0 - 4,999
0.125%
$ 100,000 plus *
0.750%
$ 25,000 - 49,999
0.250%
$ 5,000 - 24,999
0.250%
$ 50,000 - 99,999 *
0.350%

Product

Range

Rates

Tax Accounts
0.125%

Term Deposits (Registered, Non-Registered)

Updated: July 20, 2018 12:34 PM

Product

Range

Rates

Non-Redeemable
180 - 269 Days
1.350%
270 - 364 Days
1.350%
30 - 59 Days
1.250%
60 - 89 Days
1.250%
90 - 179 Days
1.250%

Patronage bonus rates on Term Deposits and GIC’s (registered & 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.

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