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List of Canadian Banks
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Major Markets At A Glance

Schedule I banks
These are banks that are not a subsidiary of a non Canadian bank
Schedule II banks
These are Canadian banks which are subsidiaries of foreign banks
These are the 22 domestic Canadian banks as of October, 2010 according to Wikipedia
  1. Bank of Montreal
  2. Bank of Nova Scotia
  3. Bank West
  4. Bridgewater Bank
  5. Canadian Imperial Bank of Commerce
  6. Canadian Tire Bank
  7. Canadian Western Bank
  8. Citizens Bank of Canada (the bank has become a 'non-deposit taking bank' and therefore no longer offers savings and loans products.)
  9. CS Alterna Bank
  10. DirectCash Bank
  11. Dundee Bank of Canada
  12. First Nations Bank of Canada
  13. General Bank of Canada
  14. HomEquity Bank
  15. Jameson Bank
  16. Laurentian Bank of Canada
  17. Manulife Bank of Canada
  18. National Bank of Canada
  19. Pacific & Western Bank of Canada
  20. President's Choice Bank
  21. Royal Bank of Canada
  22. Toronto-Dominion Bank (operating as "TD Canada Trust")
These are the 22 domestic Canadian banks as of October, 2010 according to Wikipedia
As of October 2010, there were 25 of these banks in Canada, however 4 are in liquidation.
  1. AMEX Bank of Canada
  2. Bank of America Canada
    (in voluntary liquidation)
  3. Bank of China (Canada)
  4. Bank of Tokyo-Mitsubishi UFJ (Canada)
  5. Bank One Canada
    (in voluntary liquidation)
  6. BNP Paribas (Canada)
  7. Citco Bank Canada
  8. Citibank Canada
  9. CTC Bank of Canada
  10. Habib Canadian Bank
  11. HSBC Bank Canada
  12. ICICI Bank Canada
  13. Industrial and Commercial Bank of China (Canada)
  14. ING Bank of Canada
  15. J.P. Morgan Bank Canada
  16. J.P. Morgan Canada (in liquidation)
  17. Korea Exchange Bank of Canada
  18. MBNA Canada Bank
  19. Mega International Commercial Bank (Canada)
  20. Mizuho Corporate Bank (Canada)
  21. Royal Bank of Scotland (Canada) (In Voluntary Liquidation)
  22. Shinhan Bank Canada
  23. Société Générale (Canada)
  24. State Bank of India (Canada)
  25. Sumitomo Mitsui Banking Corporation of Canada
  26. UBS Bank (Canada)
  27. Walmart Canada Bank

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It costs money to get new accounts so Banks often give you a deal if you are ready to walk out the door with a chashier's check after you close your CD.  Print out our "Highest CD Rate Survey" and bring it in with you to better negotiate for top rates

A Certificate of Deposit or CD is certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest.  Often there is a penalty for early withdrawal (taking your money out before the specified period of time.)

Note:  Rates and terms may change at any time.  Contact the  bank for their current rates.  Information is from Wikipedia and other sources.

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