Farm Management Deposit

Elegibility requirements
must have another product
other requirements
individual
business / company
Amount of investment
minimum
maximum
Term
minimum
maximum
Interest ( view rates)
when interest is calculated
interest can be reinvested at maturity
penalty interest applicable for early redemption
penalty redemption rate applicable
minimum redemption amount
Interest payment options
monthly
quarterly
six monthly
annually
maturity
Other
fees
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Farm management deposit
Designed to help farmers set aside cash reserves in good years to help meet costs during low income years.
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must be a primary producer
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$1,000
$800,000
12 months
12 months
daily
 1
Christmas club 2
$1,000
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n/a
none

1. Interest must be paid to the depositor's account. Once this has occurred it can then be added to the FMD for another term as a new investment.
2. Product no longer available