Term Deposits

TCU Term deposits provide low risk, flexibility and competitive rates. They are ideal to balance out your savings and investment portfolio as well as providing an extra sense of security for those requiring some fixed investment income.

Non-registered term deposits or term deposits held inside of a Tax Free Savings Account (TFSA) can be used for security on a loan.

Our current rates can be found on our Investment Rates page

TCU offers the following options:

Non-Redeemable Term Deposits Expand/Collapse

For members wanting an investment option with a guaranteed rate of return and secure principal, a non-redeemable term deposit is the answer.


Cashable Term Deposits Expand/Collapse

Not sure if you are going to need access to your funds but want to earn more interest than a savings account offers? A cashable term may be the solution for you.


Long Term (Term/RRSP/TFSA/RRIF) Rates
1 Year Cashable 0.30%
1 Year Non-Redeemable 0.55%
2 Year Non-Redeemable 0.95%
3 Year Non-Redeemable 1.25%
4 Year Non-Redeemable 1.45%
5 Year Non-Redeemable 1.65%
Variable Rate (RRSP/TFSA/RRIF) Rates
Variable Rate RRSP/RRIF 0.250%
Variable Rate TFSA 0.25%

*Some conditions apply. Limited time offer. Contact us for more details.