GIC rate decreases effective August 20, 2020 | Oaken Financial | Discussion forum

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GIC rate decreases effective August 20, 2020
August 13, 2020
10:22 am
Laertes
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Just got this email:

Please note that effective Thursday, August 20, 2020, we will be decreasing the interest rates of our long-term GICs (registered and non-registered) as follows:

Long-term GICs
• 1 Year GIC – 1.65% (currently 1.85%)
• 18 Months GIC – 1.95% (currently 2.10%)
• 2 Years GIC – 1.75% (currently 1.95%)
• 3 Years GIC – 1.90% (currently 2.05%)
• 4 Years GIC – 2.00% (currently 2.15%)
• 5 Years GIC – 2.10% (currently 2.30%)

All other Oaken rates will remain unchanged.

August 13, 2020
10:46 am
Bud
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current rates good till aug 20

August 13, 2020
1:25 pm
Dean
Valhalla Mountains, British Columbia
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Bud said

current rates good till aug 20  

Yup ... Seven (7) Days Notice ❗

One of the Many things I like about Oaken.

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

August 13, 2020
7:22 pm
Bud
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Appreciate Oak given notice other FIs take note.

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