AgriInvest
AgriInvest is a farm savings program overseen by Agriculture and Agri-Food Canada (AAFC). It’s designed to help farmers like you capitalize on your successes and manage periods of reduced income. Market fluctuations happen, and AgriInvest helps you plan for lean times and roll with every change.
With AgriInvest, you can deposit 100% of your Allowable Net Sales (ANS) each year and the provincial and federal governments will match 1%, up to a maximum of $10,000 each year. You’d need to deposit $1 million to realize the full government contribution.
Benefits of AgriInvest:
- There’s no monthly fee.
- Printed monthly statements and eStatements are both available.
- Your money isn't locked in, so you can withdraw it anytime.
- You can view your account through the SwiftCapital mobile app*, online banking and phone banking.
- Your deposits are fully guaranteed by the Credit Union Deposit Guarantee Corporation.
Your AgriInvest account can’t be overdrawn, assigned or given as security. You can transfer your account to SwiftCapital from another bank or credit union. Contact AAFC and they’ll get you started. Some transfer fees may apply.
*The SwiftCapital mobile app is available only for Retail Online Banking at this time, not for Business Online Banking.