Terms & Conditions

Deposit Register Expand/Collapse

Deposit Register

The following instruments and/or products are deposits eligible for deposit insurance from the Canada Deposit Insurance Corporation, subject always to maximum coverage limitations as outlined in their brochure "Protecting Your Deposits" and provided they are in Canadian Funds, are payable in Canada, and have a term of no more than 5 years.

Guaranteed Investment Certificates

a) Non-redeemable

 b) Redeemable

R.R.S.P. Guaranteed Investment Certificate

a) Non-redeemable

 b) Redeemable


Savings Account

a) Daily Interest Savings Account

 b) RRSP Daily Savings Account

 c) PHT Share Account


Chequing Account

a) Chequing - Personal

 b) Chequing - Business

 c) Cash Management Account

 d) Spirit 55

 e) PHT Share Account

The following items are also eligible for deposit insurance but are not available to depositors to use as accounts in the normal course of their banks: outstanding payment items including suspense accounts, (G.I.C. Suspense, RRSP GIC Suspense, ATM Clearing), items in transit, certified cheques, drafts, official cheques, unclaimed cheques, and mortgage tax accounts.

For further information, please contact CDIC at 1-800-461-CDIC (2342) or visit the CDIC website at www.cdic.ca