IN Focus - Preferred Banking Packages Available to Group Savings Plans

By sponsoring a group savings plan for your employees, you ensure that they have access to a comprehensive suite of investment choices and personalized advice to help them manage their RRSPs. But there are a number of additional products that you can set up for your employees — all with preferred group rates — that they also might find valuable.

Benefits for your employees through group banking packages your employees can enjoy:

• Personal account services that offer online, telephone, and ABM access to RBC Royal Bank accounts along with enhanced features and/or reduced fees. Royal V.I.P. Service, for instance, provides unlimited debits and no-charge Interac and Plus System network access on up to three Canadian-dollar accounts and one U.S.-dollar account.
• Preferred-rate mortgages* and guidance on finding the most appropriate mortgage solution.
• Rate reductions of up to half a percentage point on secured loans* of $5,000 or more.
• A full range of no-fee credit cards* with low introductory rates and other features.

And benefits for you:

Providing access to preferred-rate packages sends a clear message to employees — that their financial health matters to you, and you are committed to providing them with the personal financial management tools they need. Value-added extras like these can play an important role in employee retention and satisfaction.

Talk to your Group Financial Services representative to arrange for an education seminar in your office.

* All credit facilities are subject to credit approval.