Menu Search

New! Earn 2.40% with our High Interest Savings Account

January 23, 2019

Attention CAOs and Finance Officers:

The dedicated team at the Alberta Urban Municipalities Association (AUMA) has been working hard to develop a new savings product designed specifically for the needs of Alberta’s municipalities.  We have partnered with CIBC Commercial Banking and the Government Finance Officers’ Association (GFOA) of Alberta to bring you our High Interest Savings Account (HISA).

The HISA captures the power of our members’ pooled funds to generate greater growth. AUMA’s HISA offers several key benefits:

  • Grow your money. Earn a market-leading 2.40% annual effective interest rate until June 30, 2019 and pay no fees. You earn the interest and you keep it.  It’s as simple as that.
  • Move your money. Your money is fully-liquid and remains easily accessible. Simply make a deposit or withdrawal with a single email request.
  • Secure investment. The HISA is a steady growth product that has CDIC deposit protection and is compliant with the Municipal Government Act requirements.

There are some terms and conditions that apply to this product. Our team is happy to walk you through the details so you can start earning higher returns. Contact us via email at HISA@auma.ca or call 310-AUMA (2862) to learn more.