Term Deposits

Our members save for many reasons, which is why we offer numerous term deposit options. Some give you instant access to your money. Others reward you for leaving it alone for a while. All guarantee your principal deposit for the term of the investment.

Redeemable deposits give you full access to your money at any time.
Non-redeemable term deposits are locked-in for the term but offer a higher interest rate.
Flexible term deposits offer a mix of good rates, redeemability and term length.
Shared Growth and Shared World term deposits offer competitive rates and benefit local and international communities.
Index-linked term deposits let you participate in stock market gains while preserving your capital.

Savings Builder Term Deposit

Start with initial deposit of as little as $25
Transfer a minimum of $25 at least once a month and you’ll earn rates normally reserved for guaranteed term deposits. It’s that simple!
Redeem at six months or at maturity
Interest paid at CWCU prime lending rate less 2.5% at date of initial deposit

Short Term Wealth Builder Deposits

If you want your money to be working for you, but want access to it in the near future, this may be the answer.

Available for terms from 30 days to one year with interest paid at maturity
Minimum deposit of $500 (trust accounts require a $100 minimum)
Special rates for 30 to 364 day terms in excess of $100,000

Long Term Wealth Builder Deposits

Term, RRSP, and RRIF eligible
Available for terms from one to seven years
Minimum deposit of $500 (trust accounts require a $100 minimum)
Interest paid on anniversary date to account of your choice or can be compounded back into the term
Seniors can receive monthly interest payments