Alberta Municipalities | GFOA Alberta
High Interest Savings Account
+4.30%*
Interest at CWB Prime Rate – 1.65%
(Equal to 4.30% based on a 5.95% CWB Prime Rate*)
*CWB’s prime rate may change without prior notice. The current CWB prime rate is available on CWBank.com
**Please note that the slides and downloadable documents below, while accurately informing the process and general characteristics of the HISA, may not reflect the most current interest rate as shown above.
It’s your move.
Investing with us is your local option—with funds and support going back to Alberta’s municipalities and related organizations. In partnership with Alberta Municipalities, we currently offer a High-Interest Savings Account.
Solid partnerships developed with credible, successful organizations are the foundation of our Investment Services. These partnerships are formed only after rigorous due diligence is conducted on behalf of our members. Partners in this program include: Alberta Municipalities, Aon Hewitt, Canadian Western Bank, Alberta Investment Management Corporation (AIMCo) and GFOA Alberta.
We offer our members a pooled High-Interest Savings Account (HISA). HISA offers a competitive interest rate, secured principal, and the ability to move your money at any time without penalty, regardless of the amount invested. Your deposits are held in your own account.
- Grow your money: Create your account now and earn competitive interest.
- Move your money: Your money is fully-liquid and remains easily accessible.
- Secure investment: HISA offers steady growth, Municipal Government Act compliance, and CDIC deposit protection.
Want to learn more about the key features of HISA? Contact us via email: hisa@abmunis.ca or call 310-MUNI (6864) if you have any questions.
HISA Enrollment Steps
1. Download the HISA Enrollment Package
Fill out Form 0 in the Synergy section of the package which will grant you access to Synergy, our secure customer portal, and email it to HISA@auma.ca.
(Note: You will be able to add additional users to the Synergy site in Form 4).
2. The authorized representative identified to have Synergy access in Form 0 will be notified by e-mail once Synergy access is granted. The representative will then follow the steps in the Synergy Information and Instruction Manual to gain access to the Synergy site.
3. Fill out Forms 1 through 6 in the Enrolment Forms section of the package and have your authorized representative upload Forms 1 through 6 to your Synergy site under the folder titled Onboarding – Initial (just drag and drop – it’s that easy). Note: Form 7 is just for your information and does not need to be uploaded.
4. Once Alberta Municipalities has reviewed Forms 1-6 and there are no issues, you will receive a confirmation e-mail stating that your HISA account has been set up. If there are issues you will be contacted to make corrections. (Note: The e-mail will not contain any account numbers or sensitive information. You will then be able to access your account number in Synergy under the folder titled Onboarding – Initial). The bank account number is required for the Deposit/Withdrawal Forms and Instructions section of the package (Forms 8 and 9). You are now able to start making deposits and withdrawals.
HISA Forms & Instructions
About Us
GFOA Alberta is a professional organization whose purpose is to enhance the practice of governmental finance in the Province of Alberta. Our objectives include:
- Promote networking opportunities for all government finance officials within all levels of government
- Support and promotion of Provincial, Canadian and International GFOA Conferences and training programs
- Communication with membership on financial issues
- Liaison with Municipal Affairs
- Enhance the profile of GFOA Alberta.
Our Association is affiliated with the International Government Finance Officers Association (GFOA) and maintains contact with its staff to promote training opportunities and participation in annual international GFOA conferences.
Quick Connect to GFOA Alberta
Quick Connect to GFOA Alberta
About Us
GFOA Alberta is a professional organization whose purpose is to enhance the practice of governmental finance in the Province of Alberta. Our objectives include:
- Promote networking opportunities for all government finance officials within all levels of government
- Support and promotion of Provincial, Canadian and International GFOA Conferences and training programs
- Communication with membership on financial issues
- Liaison with Municipal Affairs
- Enhance the profile of GFOA Alberta.
Our Association is affiliated with the International Government Finance Officers Association (GFOA) and maintains contact with its staff to promote training opportunities and participation in annual international GFOA conferences.