MONTHLY SAVING PLAN

A great way to save! Designed as a bond alternative, this convenient plan can be purchased through a payroll savings plan or automatic transfers.

Benefits:

• Save money with NO FEES
• Available anytime during the year
• Withdrawal flexibility – funds available at anytime
• ONE withdrawal permitted per month without collapsing plan

Features:

• The Monthly Savings Account is a convenient way to save for that special purchase, vacation, children’s education, or maybe for Christmas expenses.
• The interest rate is competitive with Canada Savings Bonds.
• Funds can be paid via payroll deductions, direct deposit, over the counter, via MemberDirect or ATM.
• Goal amounts can be set in multiples of £50.00.
• You can cancel at any time without penalty.
• Interest is calculated on the minimum, daily balance and is paid monthly.
• Regular deposits do not need to be maintained.
• One free withdrawal may be made each month.
• Unlimited access via MemberDirect and TeleService.
• MemberCard debit cards are not permitted on this account.
• Passbook option is available.

SAMPLE MSP PAYMENT SCHEDULE

*numbers are rounded