This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Laurentian Bank launches presale of TFSA 2009-11-25 06:57 ET - News Release Ms. Mary-Claude Tardif reports TFSA PRE-SALE AT LAURENTIAN BANK: OFFERING SAVERS A BIT OF A HEAD START
In view of the high demand for Laurentian Bank's tax-free savings account (TFSA), the bank is providing savers with an opportunity to invest early by launching a TFSA presale.
Between now and Dec. 31, 2009, savers can make a contribution to their TFSA via one of three of the following featured products:
- 29-month GIC Xtra offering a rate of 1.85 per cent, reinvestable as of
Jan. 1, 2010, in another term deposit product whose term is equal
to or longer than the term remaining;
- 47-month non-redeemable GIC offering a rate of 2.60 per cent;
- Term deposit offering a rate of 1.10 per cent that is redeemable without
penalty after six months.
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