Term Deposits

Term Deposit and Credit Union Deposit Receipts (CDR's) provide a secure, worry-free investment for short and long-term funds. With flexible interest rates, investment terms, and automatic renewal options, Term Deposits and CDR's 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  Insurance Corporation.


Term Deposit $1000 minimum deposit 
CDR's $500 minimum deposit 

Term Deposits:

  • Funds are held on deposit for a specific period of time (1-5 years)
  • Interest is paid monthly on deposits ($5,000 or more)
  • Owners age 59 of better qualify for 1/4% bonus on a minimum deposit of $5,000 over one year

CDR - Consolidated Deposit Receipt:

  • Funds are required to be deposited for at least 90 days to receive interest
  • The interest rate is set monthly on the first business day of each month
  • Interest is payable semi-annually on March 31st and September 30th

Index-Linked Term Deposits

With Index-Linked Term Deposits, you can invest in the Stock Market 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 TSE or G7 countries. (Global Index-Linked Term Deposits are only available at specified periods of time).