Term Deposits

Redeemable Term Deposits

  • Suitable for someone who wants to take advantage of higher interest rates and to have redeemable options
  • Guaranteed returns at a very competitive rate
  • Available in terms from 30 days to one (1) years
  • Redeemable before maturity with interest penalty

Non-redeemable Term Deposits (GIC)

  • Suitable for someone who is willing to commit their investment for a longer term
  • Available for terms of one (1) to five (5) years
  • Non-redeemable before maturity
  • You may choose different interest options, either paid into a sub-account of your choice or compounded within the GIC

Deposits are insured for up to $250,000 per Member through the Financial Services Regulatory Authority (FSRA). (www.fsrao.ca).