Rates

Rates are on the rise, and this can make decisions complicated. We can help! Reach out to a Libro Coach today.

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Rates for all your banking needs

Libro believes in fair, transparent, and competitive pricing, knowing it’s more than just a rate.
We want our Owners, their farms, local businesses and communities to succeed, so we invest our profits back into our communities, branches and staff to provide you with high quality service and coaching.

FOREIGN EXCHANGE RATES

All rates are subject to change without notice.

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.

Libro Prime Rate

Product

Rates

Libro Prime Rate
5.950%

INVESTMENTS (GICs & TERM DEPOSITS)

Short Term Rates

Product

Range

Rates

Non-Redeemable
30 – 59 Days
2.000%
60 – 89 Days
2.050%
90 – 179 Days
2.100%
180 – 269 Days
2.750%
270 – 364 Days
3.000%
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 contact Libro Connect. No additional bonuses are available on special rates.

Long Term Rates

Product

Range

Rates

Redeemable
1 Year Redeemable (excluding RIF, without penalty after 90 days)
2.750%

Product

Range

Rates

Non-Redeemable, Interest Paid Annually
1 Year
4.150%
2 Year Special Rate
4.500%
3 Years
4.150%
4 Years
4.400%
5 Years
4.500%
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 contact Libro Connect. No additional bonuses are available on special rates.

Variable Rates

Product

Range

Rates

RRSP Variable Rate
2.000%

Product

Range

Rates

RRIF Variable Rate
$ 0 – 4,999
2.000%
$ 5,000 – 24,999
2.000%
$ 25,000 – 49,999
2.000%
$ 50,000 – 99,999
2.000%
$ 100,000 plus
2.000%

Product

Range

Rates

TFSA Variable Rate
Variable
2.000%

MORTGAGES / LOANS

Residential Mortgage Rates

Product

Range

Rates

1st Mortgage Variable 5 Year Closed from (Prime – 0.30%)
5.650%

Product

Range

Rates

6 Month Closed
5.250%
1 Year Closed
5.550%
2 Year Closed
5.550%
3 Year Closed
5.550%
4 Year Closed
5.640%
5 Year Closed
5.640%
5 Year Closed (2.5% Cash Back)*
6.240%
7 Year Closed
6.690%
120 day rate guarantee

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

*Cash Back Mortgage full terms and conditions. View more information on our Cash Back Mortgage offer.

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

Consumer Loans

Product

Rates

MeritLine (Home Equity line of credit) from
6.950%

Product

Rates

Personal Loans from
6.950%

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

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 *
0.300%
$ 100,000 plus *
1.000%

Product

Range

Rates

Investment Savings
$ 0 – 999
0.000%
$ 1,000 plus
2.000%

Product

Range

Rates

Tax Accounts
0.125%

Chequing Account

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 *
0.200%
$ 100,000 plus *
0.500%

Product

Range

Rates

US $ Account
$ 0 – 4,999
0.125%
$ 5,000 – 99,999
0.125%
$ 100,000 – 499,999
0.600%
$ 500,000 plus
1.000%
*Interest is paid on the portion of the balance within the tier.

BUSINESS / AGRICULTURE

Agricultural Chequing Account

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
0.900%

Product

Range

Rates

USD Business Chequing Account
$ 0 – 1,999
0.000%
$ 2,000 – 9,999
0.125%
$ 10,000 – 99,999
0.125%
$ 100,000 plus
0.800%
*Interest is paid on the portion of the balance within the tier.

Agricultural Savings Account

Product

Range

Rates

AgriInvest Accounts
$ 0 – 4,999
2.000%
$ 5,000 – 24,999
2.000%
$ 25,000 – 49,999
2.000%
$ 50,000 – 99,999
2.000%
$ 100,000 plus
2.000%

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 *
0.300%
$ 100,000 plus *
1.000%

Product

Range

Rates

Investment Savings
$ 0 – 999
0.000%
$ 1,000 plus
2.000%

Commercial Chequing Account

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
0.900%

Product

Range

Rates

USD Business Chequing Account
$ 0 – 1,999
0.000%
$ 2,000 – 9,999
0.125%
$ 10,000 – 99,999
0.125%
$ 100,000 plus
0.800%

Commercial Savings Account

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 *
0.300%
$ 100,000 plus *
1.000%

Product

Range

Rates

Business Investment Savings Account
$ 0 – 999
0.000%
$ 2,000 plus
2.000%
*Interest is paid on the portion of the balance within the tier.