Crossroads Credit Union - Personal & Business Banking

Invest worry-free with a term deposit.

A Term Deposit (also known as a Guaranteed Investment Certificate, or GIC) gives you a competitive return and the flexibility to access your money after the term is over. It’s a win-win.

Flexterm

Redeemable without penalty at anytime
No interest is paid if cashed out within 30 days of purchase
$1,000 minimum deposit
$1,000 balance must be maintained
100% Guaranteed through the Credit Union Deposit Insurance
Can be non-registered investments and TFSA

Bonus Builders

Rates increase each year
Redeemable only on the anniversary or maturity date
$1,000 minimum deposit
100% Guaranteed through the Credit Union Deposit Insurance
Can be registered investments

Non-Redeemable Term Deposits

Used in registered and non-registered accounts
Interest is paid annually and can be either compounded or paid to your account
$1,000 minimum deposit
100% guaranteed through the Credit Union Deposit Insurance