Term Deposit Receipts (TDR) and Debentures provide a secure, worry-free investment for long-term funds. With flexible interest rates, investment terms, and automatic renewal options, TDRs and Debentures 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.
TDR: $500 minimum deposit
Debenture: $100 minimum deposit
Index-Linked Term Deposits
Index-Linked Term Deposits are fixed term deposits that pay a return based on the performance of the S&P/TSX 60 Index*. Index-Linked Term Deposits have the security of principal protection. No matter what happens to the stock market, you are guaranteed the return of your principal when your investment matures.You chose a fixed term of 3 or 5 years. Rate of return is calculated on the performance of the TSX.
*Standard & Poor's® and S&P® are trademarks of The McGraw-Hill Companies, Inc.
Wealth Management Advisor
Financial Planner, Credential Asset Management Inc.
341 Freshwater Road
St. John’s NL A1C 1B7
(709) 758-8253
(709) 693-4110
dhalleran@nlcu.com
Wealth Management Advisor
Financial Planner, Credential Asset Management Inc.
38 Main Street
Corner Brook NL A2H 1C3 (709) 634-5341
(709) 632-0363
tskinner@nlcu.com
Wealth Management Insurance Advisor
Finacial Planner, Credential Asset Management Inc.
51 Commonwealth Avenue
Mount Pearl NL A1N 1W7 (709) 747-9415
(709) 690-4990
gmurray@nlcu.com
Wealth Management Insurance Advisor
Wealth Management Advisor, Credential Asset Management Inc.
1 Pinsent Drive
Grand Falls-Windsor NL A2A 2S8 (709) 489-9051
(709) 486-4958
pbishop@nlcu.com
Wealth Management Advisor
341 Freshwater Road
St. John’s NL A1C 1B7 (709) 754-2312
dmcgrath@nlcu.com
Wealth Management Advisor
6 Roe Avenue
Gander NL A1V 1W5 (709) 256-3537
sfudge@nlcu.com
Term Deposits and Debentures | Rate |
---|---|
Short Term Deposit - 7-29 Days |
0.250
|
Short Term Deposit - 30-59 Days |
0.350
|
Short Term Deposit - 60-89 Days |
0.350
|
Short Term Deposit - 90-179 Days |
0.400
|
Short Term Deposit - 180-364 Days |
0.600
|
Long Term - 1 Year |
2.000
|
Long Term - 2 Years |
2.200
|
Long Term - 3 Years |
2.400
|
Long Term - 4 Years |
2.750
|
Long Term - 5 Years |
2.900
|
Long Term - 7 Years |
3.200
|