Ganaraska GIC 4% for 4 years | GIC discussions | Discussion forum

Thank you SO much, gicjunkie!
I posted earlier that I was in need of a great four year rate, and have held off, hoping one would still emerge.

Definitely worth the drive to Port Hope for me!

toto, I believe you have to show up in person to open a membership.

Thanks Loonie,

I'm in BC, too bad I wanted to get this term.

Maybe if it stays the same for my next trip to Toronto or Niagara Falls 🙂 Great deal but not easy to get.

I went to Cobourg to open an account. Took Via from Union. It's a 3 minute cab ride or about 15 minute walk from the station in Cobourg to the branch.

It's probably best to cab it in the winter, but I would like to share something fun: I walked from the station to the branch (I like walking when the weather allows), and one thing I noticed over and over again, is that if a car was pulling out of a driveway or parking lot and was covering some/all of the sidewalk, the driver would actually reverse so that I could pass. Each time, the driver waved at me (more of an apology than a hello).

This happened about 5 separate times during my little walk. It was hilarious. That never happens in Toronto, where you are just happy enough to be seen by drivers when you're a pedestrian.

It was such a quaint, small town thing, and as you can see it stuck in my memory. Way to go Cobourg.

thisusernameforlease said
I went to Cobourg to open an account. Took Via from Union. It's a 3 minute cab ride or about 15 minute walk from the station in Cobourg to the branch.

It's probably best to cab it in the winter, but I would like to share something fun: I walked from the station to the branch (I like walking when the weather allows), and one thing I noticed over and over again, is that if a car was pulling out of a driveway or parking lot and was covering some/all of the sidewalk, the driver would actually reverse so that I could pass. Each time, the driver waved at me (more of an apology than a hello).

This happened about 5 separate times during my little walk. It was hilarious. That never happens in Toronto, where you are just happy enough to be seen by drivers when you're a pedestrian.

It was such a quaint, small town thing, and as you can see it stuck in my memory. Way to go Cobourg.  

There is a significant community of retirees in Cobourg, so perhaps they are more aware of the difficulties faced by pedestrians. At least they're in less of a hurry.

Many years ago, the first time I went to Vancouver, I was startled at how the cars would come to a dramatic halt in the middle of the road if I ventured to jaywalk. - normal in TO. I had intended to wait for them to pass, but to their way of thinking, anyone in the road must be intending to march right into traffic. I'm sure this doesn't happen any more, but it was so strange to me that I was embarrassed to have caused such disruption. I kept doing it, of course, because it was my habit, and, every time, they would come to a screeching halt in front of me. I finally got the hang of it, but was then unprepared for my return to TO!

Thanks Koogie - your point is well taken.

I was also aware of this issue, but am comfortable with staying within DICO limits (this applies to all Ontario CU's I deal with, not just Ganaraska).

My expectation in a worst case scenario for Ganaraska is that they would be absorbed by a larger CU like Meridian or First Ontario. The CU system is very integrated and damage to one CU affects the reputation of all of them. Though they aren't a collective, I expect mutual self-interest would clog up any holes before DICO would need to kick in.