Term Deposits

 

Term Deposits (TFSA eligible) provide a secure, worry-free investment for short or long-term funds. With flexible interest rates, investment terms, and automatic renewal options, Term Deposits provide a great way to save and earn money with a guarantee of principal and interest. Plus, deposits are insured under the terms of the Credit Union Deposit Insurance Corporation.

 

1 - 5 years - $1000 minimum deposit

 

  • Simple rate of return
  • Compounding rate of return
  • Interest can be paid monthly

 

Index-Linked Term Deposits

 

The beauty of these products is that they allow you to invest in stock markets without any risk to your principal. With no fees or commissions, your principal is guaranteed and you chose a fixed term of 3 or 5 years. Rate of return is calculated on the performance of the TSE or G7 countries. (Global Index-Linked Term Deposits are only available at specified periods of time).

 

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