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

Index-Linked Term Deposits

The beauty of these products is that they allow you to invest in stock markets without any risk to your principal. With no fees or commissions, your principal is guaranteed and you chose a fixed term of 3 or 5 years. Rate of return is calculated on the performance of the S & P / TSX 60 which tracks sixty top companies in leading industries in Canada.  This index provides economic diversity over market sectors such as...

  • Basic Materials
  • Capital Goods
  • Communication Services
  • Consumer Cyclical
  • Consumer Staples
  • Energy
  • Financials
  • Health Care
  • Technology
  • Transportation
  • Utilities
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