Pooled High Interest Savings Account

The Municipal Finance Authority of BC now offers access to a Pooled High Interest Savings Account (PHISA) program as an additional investment option for your portfolio.

We have negotiated a superior rate for deposits in an MFA-sponsored high interest savings account.

NOTICE: Please email invest@mfa.bc.ca to receive the current rate for all PHISAs.

MFA Pooled High Interest Savings Account 

Highlights:

• Earn competitive interest income based on the Prime Rate
• Obtain easy access to your money – within one or two business days at no charge
• Access your account online to transact or view balances and historical account activity
• Execute secure transactions
• Maintain full liquidity in safe and highly-rated Canadian chartered bank
• Diversify your investment portfolio out of BC-centric deposits

If you have additional questions or would like to APPLY for an account, please email us!

CIBC PHISA

• Frequently Asked Questions
• Add New User
• Transfer, Replace or Remove User

National Bank PHISA

• Frequently Asked Questions
• Add New User
• Remove User

Scotiabank PHISA

• Frequently Asked Questions
• Add New User
• Remove User

Additional Documents​

• CIBC - Business Account Service Fees
• CIBC - Commercial and Corporate Banking Agreement
• NBC  - Fee Guide Commercial Banking
• NBC - Agreement Respecting Business Accounts
• Scotiabank - Guide to Fees
• Scotiabank - Financial Services Agreement