An anonymous director reports

NATIONAL BANK LAUNCHES NEW HIGH INTEREST SAVINGS ACCOUNT

National Bank of Canada has added a new high-interest savings account to its range of savings solutions. The new account offers a promotional interest rate of 1.5 per cent on accounts with a balance of at least $5,000 -- a much higher annual rate than the one offered on traditional savings accounts. The account allows holders one free ABM (automated banking machine) withdrawal per month and unlimited free electronic transfers. This product is eligible for Canada Deposit Insurance Corp. (CDIC) coverage.

"National Bank is always striving to meet its clients' expectations by offering accessible savings solutions tailored to their needs. We are also encouraging Canadians to focus on savings," said Yann Jodoin, vice-president, retail products.

In addition to the high-interest savings account, the bank also offers the Altamira High-Interest CashPerformer savings account, a high-interest investment vehicle that has been very successful. This product is available at National Bank branches and from investment advisers at the bank's securities brokerage subsidiaries.

Starting April 3, 2013, clients can open a high-interest savings account on-line, in branches, or by calling TelNat. Do not hesitate to contact National Bank for more information on this account.