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.
|Term Deposits and Debentures||Rate|
|Short Term Deposit - 7-29 Days||
|Short Term Deposit - 30-59 Days||
|Short Term Deposit - 60-89 Days||
|Short Term Deposit - 90-179 Days||
|Short Term Deposit - 180-364 Days||
|Long Term - 1 Year||
|Long Term - 2 Years||
|Long Term - 3 Years||
|Long Term - 4 Years||
|Long Term - 5 Years||
|Long Term - 7 Years||