A Guaranteed Way To Save Your credit union offers a variety of Term Deposits with a guaranteed return and competitive rates. They earn higher interest than a regular savings account and are eligible for registered plan investments.

Certificate terms range from 30 days to 5 years.

To view our RATE SHEET, CLICK HERE.

TERM DEPOSIT BENEFITS AND FEATURES

• They're secure! Your investment has a guaranteed return and is protected by the Deposit Insurance Corporation of Ontario up to $100,000.
• Competitive rates! Your credit union offers a variety of rates and terms
• Low minimum balance! Only $1,000, compared to some banks at $5,000
• Convenient term lengths! Certificates range from 30 days to 5 years.
• Interest is paid at maturity on Term Deposits one year and less
• Two to five year Term Deposits are paid interest annually (interest can compound in the term deposit or be deposited directly into a credit union account of your choice)
• Funds cannot be withdrawn before maturity, however, low interest rate loans are available