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TERM DEPOSITS

Grow your savings with a no risk short or longer-term investment. 

Why Choose a Term Deposit?

​✔  Guaranteed interest rate
​✔  Can be held within your TFSA and RRSP
✔  Deposits are 100% guaranteed*


What is a Term Deposit?

A term deposit is a 100% secure interest-earning investment that you hold for a specific amount of time. Terms range from 1 to 5 years.


How Does it Work?

You invest money into one of our term deposits. You earn a set interest rate on your money. We can help you build a laddered strategy to help grow your investments even faster. 


Open a Term Deposit

Login to online banking and open a term deposit today.

Types of Term Deposits


Redeemable

You can redeem your term deposit at anytime and don’t have to wait until the maturity date.


Non-Redeemable

You earn a higher interes rate because your money is invested until the maturity date.


Escalator

The interest you earn increases each year until the maturity date.

*Deposits are 100% guaranteed. Protection provided by the Credit Union Deposit Insurance Corporation of British Columbia.

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