Term Deposits
Grow your business savings worry-free with your initial investment and returns 100% guaranteed.
Why invest in a term deposit?
Secure investment
Invest with peace of mind that your business savings are secure while still earning guaranteed interest.
Flexible options
Select from a variety of investment terms and interest rates to fit your specific business goals.
Fully insured
Feel secure in your investment with insurance provided by the Credit Union Deposit Guarantee Corporation.
Find the right term deposit for your business needs
Non-Redeemable Term Deposits
Perfect for you if…
you prefer a low-risk investment and are looking for a guaranteed return.
KEY FEATURES
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Funds are deposited for a designated term ranging from 1 to 5 years
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A higher interest rate compared to standard savings accounts
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Access to competitive and exclusive rates
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Interest is calculated daily and paid out annually
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Your principal remains risk-free
Escalator Term Deposits
Perfect for you if…
you're saving for a goal that's a few years away and want the security of growing interest rate over time.
KEY FEATURES
- Term duration is 3 years
- Annual increase in interest rate
- Daily interest accrual, paid out annually
- Minimum deposit requirement of $1,000
- Applicable for registered investments
- Access to funds on each anniversary date
- Principal amount is fully protected
Index-Linked Term Deposits
Perfect for you if…
you are looking for a safer, more conservative investment that offers the potential for higher returns
KEY FEATURES
- Invest in the stock market while protecting your principal from any risk.
- Your principal is guaranteed.
- There are no fees or commissions involved.
- Choose a fixed term of either 3 or 5 years.
- The return rate is based on the performance of the TSE or G7 countries. (Global Index-Linked Term Deposits are only accessible during specific periods.)
- Click on the year to see the historical performance of the 3-year and 5-year Index-Linked products.
Redeemable Term Deposits
Perfect for you if…
you want a fixed return but still need some flexibility.
KEY FEATURES
- The term lasts for one year.
- You can access your funds whenever necessary.
- Interest accumulates daily and is paid out annually.
- There is no risk to your principal amount.
Get your term deposit more ways
Not sure which term deposit is right for your business?
We’ll be happy to help you pinpoint the option that best suits your business goals.
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Building a plan for your future
CU Financial Management supports every stage of life. Services include financial planning, investing, protection, legacy planning and business solutions. We offer customized solutions for individual and business requirements, guaranteeing a secure and thriving financial future.
Whatever your financial goals, we're here to help.
Online banking designed for small businesses
Managing your finances easier, faster, and more secure. Send e-transfers, pay bills, and transfer funds anytime, anywhere—plus, with option of dual-signature approval, you get added security and control.
Investing rates
Take a look at the latest, competitive rates on offer for our term deposits.
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Copyright 2025 Provincial Credit Union Ltd. All rights reserved.
Security Legal Site Map Privacy Ombudservice
Copyright 2025 Provincial Credit Union Ltd. All rights reserved.