Term Deposits

Term Deposit Receipts (TDR) provide a secure, worry-free investment for long-term funds. With flexible interest rates, investment terms, and automatic renewal options, TDRs 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 Guarantee Corporation.

  • $500 minimum deposit
  • Simple rate of return
  • Compounding rate of return
  • Interest can be paid monthly
  • Available as a Tax-Free Savings Account (TFSA) - optional
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