Effective date: May 4, 2023

ProductDurationInterest RateMinimum Opening DepositAnnual Percentage Yield
30 Day
Certificates
30 days0.10%$2,5000.10%
90 Day
Certificates
90-179 days0.10%$2,5000.10%
180 Day
Certificates
180-364 days0.30%$2,5000.30%
One Year Variable Rate IRA Savings1 year0.30%$500.30%
11 Month Certificates**4.01%$25,0004.01%
1 Year
Certificates
12-17 months0.40%$500*0.40%
24 Month
Certificates and IRA
-0.45%$500*0.45%
36 Month
Certificates and IRA
-0.53%$500*0.53%
48 Month
Certificates and IRA
-0.57%$500*0.57%
60 Month
Certificates and IRA
-0.60%$500*0.60%

Product: 30 Day
Certificates

  • Duration
  • Interest Rate
  • Minimum Opening Deposit
  • Annual Percentage Yield
  • 30 days
  • 0.10%
  • $2,500
  • 0.10%

Product: 90 Day
Certificates

  • Duration
  • Interest Rate
  • Minimum Opening Deposit
  • Annual Percentage Yield
  • 90-179 days
  • 0.10%
  • $2,500
  • 0.10%

Product: 180 Day
Certificates

  • Duration
  • Interest Rate
  • Minimum Opening Deposit
  • Annual Percentage Yield
  • 180-364 days
  • 0.30%
  • $2,500
  • 0.30%

Product: One Year Variable Rate IRA Savings

  • Duration
  • Interest Rate
  • Minimum Opening Deposit
  • Annual Percentage Yield
  • 1 year
  • 0.30%
  • $50
  • 0.30%

Product: 11 Month Certificates**

  • Duration
  • Interest Rate
  • Minimum Opening Deposit
  • Annual Percentage Yield
  • 4.01%
  • $25,000
  • 4.01%

Product: 1 Year
Certificates

  • Duration
  • Interest Rate
  • Minimum Opening Deposit
  • Annual Percentage Yield
  • 12-17 months
  • 0.40%
  • $500
  • *0.40%

Product: 24 Month
Certificates and IRA

  • Duration
  • Interest Rate
  • Minimum Opening Deposit
  • Annual Percentage Yield
  • -
  • 0.45%
  • $500
  • *0.45%

Product: 36 Month
Certificates and IRA

  • Duration
  • Interest Rate
  • Minimum Opening Deposit
  • Annual Percentage Yield
  • -
  • 0.53%
  • $500
  • *0.53%

Product: 48 Month
Certificates and IRA

  • Duration
  • Interest Rate
  • Minimum Opening Deposit
  • Annual Percentage Yield
  • -
  • 0.57%
  • $500
  • *0.57%

Product: 60 Month
Certificates and IRA

  • Duration
  • Interest Rate
  • Minimum Opening Deposit
  • Annual Percentage Yield
  • -
  • 0.60%
  • $500
  • *0.60%

Penalty for early withdrawal
*APY for CDs one year or more are based on quarterly interest

**APY shown valid only on new money not currently on deposit with 1st National Bank of Scotia. At maturity, the CD will revert to a six month certificate of deposit.