We C.U. to reduce your risk and maximize your return.

We C.U. so you can take advantage of multiple maturity dates to reduce risk from fluctuating interest rates. Laddered Term Deposits are convenient, safe and flexible and pay a bonus so you can take advantage of a higher interest rate while spreading your interest risk over a 5 year period.

Now is the ideal time to get your investment strategy in place, so you don’t need to worry about chasing high interest rates or waiting out the low ones.

Laddered Term Deposits Offer Higher Rates!

Click here for the Laddered Term Deposit calculator

Safety in numbers

Here’s how Laddered Term Deposits work:

• Minimum total investment of $5,000.
• The initial deposit is divided into 5 equal portions and invested in 1, 2, 3, 4 and 5 year terms. Each year, one of the terms matures and the proceeds are used to purchase a new 5 year term deposit, keeping your money where it’s earning the biggest return at the same time as reducing your risk from interest rate fluctuations.
• An interest bonus is paid on the initial purchase with interest paid annually.
• While each term is automatically renewed for an additional 5 year period at the current rate, should you need to collapse a term upon maturity you can.

Laddered Term Deposits from The Credit Union are protected by the Deposit Insurance Corporation of Ontario (DICO). Funds deposited into registered accounts are insured with the Deposit Insurance Corporation of Ontario, regardless of the amount in your account. All non-registered funds are insured up to $100,000.

It's easy to apply!

To purchase a Laddered Term Deposit click on the APPLY button now, call Member Assistance or contact your Personal Account Manager today.