Term Deposits
Lock in your savings and watch them grow, worry free.
Why invest in a term deposit?
Worry-free investment
Earn guaranteed interest on your investment without any risk of losing your principal.
Flexible options
Choose from a variety of investment terms and interest rates to suit your specific needs.
Fully insured
Feel secure in your investment with insurance provided by the Credit Union Deposit Insurance Corporation.
Maximize your funds
Non-Redeemable Term Deposits
Perfect for you if…
you prefer a low-risk investment and are looking for a guaranteed return.
KEY FEATURES
-
Funds are deposited for a designated term ranging from 1 to 5 years
-
A higher interest rate compared to standard savings accounts
-
Access to competitive and exclusive rates
-
Interest is calculated daily and paid out annually
-
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.
Investing rates
Take a look at the latest, competitive rates on offer for our term deposits.
Select Image
Get your term deposit more ways
Not sure which term deposit is right for you?
We’ll be happy to help you pinpoint the option that best suits your goals.
Select Image
Talk to someone invested in you.
We provide financial expertise along with a comprehensive selection of investment options designed to help you reach your goals, which include:
- Registered Retirement Savings Plans (RRSPs)
- Tax-Free Savings Accounts (TFSAs)
- First Home Savings Accounts (FHSAs)
- Registered Education Savings Plan (RESPs)
Grow Your Wealth
Invest smart, grow strong—explore our top-performing mutual funds today!
Level up your financial know-how
Savings & Investing 101
Whether you are planning for school, your first home, travel, or for retirement it is never too early to start saving for your future.
Make your home buying journey a little easier
Designed to help Canadians save for a first home, the First Home Savings Account (FHSA) makes purchasing your first home a little easier.
TFSA 101: Key Benefits Every Canadian Should Know
Saving for your future doesn’t have to be complicated — and a Tax-Free Savings Account (TFSA) is a simple way to help your money grow over time. Learn about the benefits and how it can help you reach your financial goals faster.
Credit Card
Qtrade Direct Investing
Protected by 
Security Legal Site Map Privacy Ombudservice
Copyright 2026 Provincial Credit Union Ltd. All rights reserved.
Security Legal Site Map Privacy Ombudservice
Copyright 2026 Provincial Credit Union Ltd. All rights reserved.