Non-Registered Products
A term deposit is an investment for a fixed period of time (one to five years). A term deposit usually earns a higher rate of interest than regular savings accounts.
Your Credit Union also offers the Index-Linked Term Deposit. These deposits are fixed term deposits that pay a return based on the performance of an Index. Registered and non-registered terms are available. The principal is 100% protected through Deposit Insurance Corporation of Ontario.
