Investments
Funds placed with Forest & Marine earn the following interest rates:
| Investment | Rate |
|---|---|
| Preferred Rate** (Compounded Monthly) (Prime + 1.00%) | 3.25% |
| Standard (Compounded Monthly) (Prime - .50%) | 1.75% |
| Standard (Compounded Yearly) (Prime Rate) | 2.25% |
| Amounts > $1,000,000 (Prime + 0.50%) | 2.75% |
| 6-Month Fixed | 3.50% |
| 1-Year Fixed | 4.00% |
* Please note that standard and preferred interest rates float with the CIBC Prime rate and are subject to change if there is a prime rate change (CIBC Prime rate is currently 2.25%).
** for shareholders who have purchased treasury shares during the past 5 years
Please contact us for further information.
Get In Touch
Forest & Marine Financial Group
500-345 Wallace Street
Nanaimo,
BC
V9R 5B6
Phone:
250.753.0141
Toll-Free:
877.772.0022
Fax:
250.753.0173
