Term Deposits

A Term Deposit also called a Guaranteed Investment Certificate (GIC) is a safe and secure way to grow your savings. Your principal investment is 100% guaranteed with your credit union.

Benefits of Term Deposits

  • Your original investment and interest payments are protected, which means lower risk.
  • Short-term or long, redeemable or non-redeemable, registered or non-registered, guaranteed interest rate or market-based, the choice is up to you!
  • You have the freedom to choose fixed or variable interest rates, whichever is right for you.
  • Term Deposits offer competitive interest rates.
 

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