GIC products

Guaranteed Investment Certificates (GICs) form the basis of an investment portfolio by offering safety and security.

GIC benefits

• You’ll enjoy preferred rates with GICs, provided by Bridgewater Bank, a wholly owned subsidiary of AMA 
• The value of your GIC remains constant throughout the term and grows when interest is paid.
• Bridgewater Bank is a member of the Canadian Deposit Insurance Corporation (CDIC), making your deposits eligible for deposit insurance, up to $100,000.
• Flexible terms ranging from 30 days to 5 years.

Non-Redeemable Long-Term GICs

• Generally earns the best rate of return because they are locked in for the term selected and cannot be redeemed prior to the maturity date.

Terms:

• One to five years

Flexibility:

• At the end of your term, you can rollover your GIC into the same term, a different term or you can redeem.

Minimum Deposit:

• $1,000

Interest payment options:

• Monthly*, annually or compound

* Monthly interest GICs are discounted .25% off the annual certificate rate