SHORT TERM OPTIONS

Short Term Non-Redeemable

This type of term deposit is ideal if you don’t have immediate plans for your money but want to earn some interest on it.

Key features & benefits:

• Available for periods up to 364 days
• $500 minimum deposit with no maximum limit
• Tax sheltered growth: RSP, TFSA, RESP, RIF & LIF eligible
• Interest is paid at maturity
• Choice of maturity options
• Deposits are 100% guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia.†

U.S. Dollar Short Term Non-Redeemable

U.S. dollar term deposits are available for terms of up to 364 days. This is a great option if you want to make short-term investments in U.S. dollars. Since your money is kept in U.S. dollars, you save money on foreign currency exchange fees, making it easier to budget and pay for U.S. dollar expenditures.

Key features & benefits: 

• Interest is paid at maturity in U.S. funds
• $500 minimum deposit with no maximum limit
• Deposits are 100% guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia.†

LONG TERM OPTIONS

Long Term Non-Redeemable

This type of term deposit is the best way to maximize your guaranteed return. The longer you choose to invest, the greater your interest rate will be.

Key features & benefits:

• Period of one to five years
• $500 minimum deposit with no maximum limit
• Available as a registered product so you can tax shelter the interest you earn
• Interest is paid annually to the term deposit so you can earn more because of compounding interest (interest compounds annually if registered; interest paid annually or monthly if non-registered)
• Choice of maturity options
• Deposits are 100% guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia.†

†The Credit Union Deposit Insurance Corporation of British Columbia, a statutory corporation, fully guarantees all BC credit union deposits. Credit Union equity shares and investments such as mutual funds or RRSP equity plans are not covered by deposit insurance.

SHORT TERM OPTIONS

12-Month Cashable

Our 12-Month Cashable term deposit allows you to invest your money for a short period of time and still earn a decent interest rate.

Key features & benefits:

• Fully cashable after the first 30 days so that you can access your money at any time for unexpected emergencies or other investment opportunities
• $500 minimum deposit with no maximum limit
• Available as a registered product so you can tax shelter the interest you earn
• Automatic renewal
• Interest is paid annually to the term deposit so you can earn more because of compounding interest
• Deposits are 100% guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia.†

LONG TERM OPTIONS

StepUp® 6Plus6  /  StepUp® 9Plus9  /  StepUp® 18Plus18 

StepUp® term deposits offer guaranteed growth with a two-tiered escalating interest rate.

Key features & benefits: 

• Two-tiered interest rate with an increase halfway through the term
• Fully cashable
• Interest paid annually
• $500 minimum deposit with no maximum limit
• Deposits are 100% guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia†

PRIMECONNECT™ Term Deposit

Get the security of a guaranteed deposit with a prime-linked interest rate. Wherever prime goes, your returns follow.

Key features & benefits:

• Fully redeemable on the anniversary date
• $500 minimum deposit with no maximum limit
• Tax sheltered growth: TFSA, RSP, RIF and LIF eligible Interest paid annually
• Deposits are 100% guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia†

​†The Credit Union Deposit Insurance Corporation of British Columbia, a statutory corporation, fully guarantees all BC credit union deposits. Credit Union equity shares and investments such as mutual funds or RSP equity plans are not covered by deposit insurance.

winwin® TERM DEPOSIT

winwin® is an index-linked term deposit ideal for those seeking higher returns than a traditional term deposit without risking their initial investment in the market.

Key features & benefits:

• Term length is 3 or 5 years
  
• 100% initial investment guaranteed
• $500 minimum deposit with no maximum limit
• Minimum guaranteed interest paid annually
• Choice of maturity options
• This product is not RRIF eligible
• This product is strictly non-redeemable before its maturity date
• Deposits are 100% guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia.†

How winwin® term deposit works

Guaranteed interest is calculated from the purchase date. Return is determined by the growth of the index from the opening index to the closing index.

Even if the closing index value is lower than the opening index level, you'll still have your entire principal investment paid out at maturity. If the closing index value is higher than the opening index value, the winwin® term deposit will pay your principal investment plus all index-related returns above the minimum guaranteed return at maturity.

†The Credit Union Deposit Insurance Corporation of British Columbia, a statutory corporation, fully guarantees all BC credit union deposits. Credit Union equity shares and investments such as mutual funds or RSP equity plans are not covered by deposit insurance.

OUR RATE SPECIALS

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