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Term Deposits

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When you have a savings goal, there’s nothing more satisfying than watching your money grow. 

Secure and reliable, a term deposit is simply money you deposit with us for a set period of time, earning a guaranteed fixed interest rate that’s typically higher than a savings account. 

 
 

Features & Benefits

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  • Flexible terms: short (30-365 days) & long (1-5 years)
  • Interest rates guaranteed for the term length
  • Redeemable and non-redeemable options available
    (Note: if the former, funds withdrawn before maturity may be at a lower interest rate)
  • Interest can be paid monthly, quarterly, annually or at maturity
  • Minimum deposit requirements vary depending on term type
  • No trustee or administrative fees
  • Term deposits can be used as security for a low-interest loan
  • Deposits 100% guaranteed by the Credit Union Deposit Insurance Corporation (CUDIC)
 

​Make the most of professionally managed mutual funds

We offer a variety of mutual fund options designed to meet your investment needs.

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Get in touch! We’ll be happy to help determine the term deposit for you.

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Whatever your goal, we’ll help create a plan to get you there.

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Take a look at our current interest rates for term deposits. 

 

​Have a question?

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

 
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250.428.5351 

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See Branches

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support@cdcu.com