Farms and Agri-Business Accounts
Your farm is your passion and we care about your success. Libro has a deep connection to agriculture in southwestern Ontario, it’s in our roots.
Libro Prime Rate: 5.450%
All rates are subject to change without notice.
Coaching Advice
A chequing account is right for you if you want to pay bills, transfer money, write cheques, or conduct other cash flow activities.
Product
Range
Rate
Basic Business, Business 60, Business 200, Community
$ 0 – 1,999
0.000%
$ 2,000 – 9,999
0.125%
$ 10,000 – 99,999
0.125%
$ 100,000 plus
0.750%
USD Business Chequing Account
$ 0 – 1,999
0.000%
$ 2,000 – 9,999
0.125%
$ 10,000 – 99,999
0.125%
$ 100,000 plus
1.000%
Tiered rates apply to full balance.
All interest rates described are annual interest rates. They follow a simple interest calculation. Interest is calculated daily on the closing balance and paid monthly.
Coaching Advice
A savings account is right for you if you want to save cash for projects, seasonal fluctuations or to handle liabilities.
Product
Range
Rate
AgriInvest Accounts
$ 0 – 4,999
1.250%
$ 5,000 – 24,999
1.250%
$ 25,000 – 49,999
1.250%
$ 50,000 – 99,999
1.250%
$ 100,000 plus
1.250%
Regular Savings
$ 0 – 4,999
0.125%
$ 5,000 – 24,999
0.250%
$ 25,000 – 49,999
0.250%
$ 50,000 – 99,999 *
0.500%
$ 100,000 plus *
1.000%
Investment Savings
$ 0 – 999
0.000%
$ 1,000 plus
1.250%
*Interest is paid on the portion of the balance within the tier.
