Business

Skip to main content
 

Term Deposits

With your initial investment 100% guaranteed, lock in your savings and watch them grow – worry free

Select Image
 

Why invest in a term deposit?

Select Icon

Worry-free investment

Earn guaranteed interest on your investment without any risk of losing your principal.

Select Icon

Flexible options

Choose from a variety of investment terms and interest rates to suit your specific needs.

Select Icon

Deposit Insurance

Feel secure in your investment with insurance provided by the Credit Union Deposit Guarantee Corporation.

Access the funds you need whenever you need them

Term Deposit (GIC)

Perfect for you if…

You're looking to lock in an interest rate for a set amount of time – low risk investing at its best.

Key features
  • $1,000 minimum deposit
  • Simple rate of return
  • Compounding rate of return
  • Interest can be paid monthly

Deposits are insured under the terms of the New Brunswick Credit Union Deposit Insurance Corporation.

 
 

Get your term deposit more ways

Not sure which term deposit is right for you?

We’ll be happy to help you pinpoint the option that best suits your goals.

Select Image

We have a card to fit your life

Find out more about our suite of personal credit cards

Take your credit union on the go.

Access your accounts wherever you are on your mobile device.

 

Investing rates

Take a look at the latest, competitive rates on offer for our term deposits.

Select Image
 

Level up your financial know-how

Guide to saving & investing, opens in a new tab

Want to learn more about investing? Wish you could save more and spend less? This guide has you covered. 

Ethical investing: What is it? , opens in a new tab

What are ethical investments? We’re here to explain the basics and debunk some myths you may have heard.

 

FEE SCHEDULE: REGISTERED ACCOUNTS & PRODUCTS

Transaction Services (Charged at time of occurrence)

Cash Partial Withdrawal/Transfer
(Including unscheduled Registered Retirement Income Fund (“RRIF”) withdrawal)
$35.00
Pre-Approved redemption of a non-redeemable fixed deposit prior to maturity $100.00 per transaction + 50% interest penalty
Statement of Account / e-Statement Free
Registered Plan Pension Legislated Special Withdrawal Request $150.00
Account Closed(LIF transferred back to LIRA) $150.00
Transfer Out $100.00
Estate Administration $275.00 per hour
Search Charges (Minimum time charge 1 hour) $30.00 per hour

*Some exemptions or discounts may apply.  Contact your financial services representative for more information