This is a demo site built on the Forge Digital Banking Platform. Learn More >

Skip to main content

Term Deposit

A guaranteed, worry-free investment 

A Term Deposit (also known as a Guaranteed Investment Certificate, or GIC) gives you a competitive return and the flexibility to still access your money after the term is over. It’s a win-win.


  • Guaranteed returns on your initial investment

  • Good for low maintenance investing

  • An easy way to start saving

  • Select between redeemable and non-redeemable terms from 1 year to 10 years.

​Redeemable Term Deposit

  • Redeemable with full accrued interest after 30 days
  • Benefit from Credit Union Deposit Insurance
  • Use in registered and non-registered accounts 

​Non-Redeemable Term Deposit  

  • Use in non-registered accounts
  • Benefit from Credit Union Deposit Insurance

​Market-Linked Term Deposit  

  • Get a higher return in relation to stock market index performance
  • Interest is compounded annually, paid at maturity
  • Use in registered and non-registered accounts
  • Your choice of globally diversified or Canadian term deposit
  • Benefit from Credit Union Deposit Insurance

​Rate Climber Term Deposit 


Year 1 


Year 2


Year 3 

  • Redeem your money on each year anniversary without a penalty
  • Use in registered and non-registered accounts
  • Earn compound or annual interest – your choice
  • Benefit from Credit Union Deposit Insurance 


Take a look at our current term deposit rates.

​Need a hand?

Make an appointment with an experienced member of our investment team today.  

They can help with:

  • Investment Planning
  • Education Planning
  • Retirement Planning 

How much can I save?

Our handy Savings Calculator will help you estimate how your investments will grow over time. 

Helpful articles and resources  

​How to Create a Rainy Day Fund

​Quick tips to pay off debt with goals, a budget, and a plan.

​Create a Winning Budget

​Keep your spending in line with these helpful budgeting tips.

​Investing for Beginners

​Learn more about the different investment products and how to balance them like a pro.

Contact us 

Have a question? Connect with a member of our team by phone, in-person or online. The choice is yours.