Term Deposits

At Coastal Community, we offer a variety of Term Deposit products to meet your needs. Whether you’re saving for long-term or short-term goals, we can find a solution that offers:
  • Flexible terms
  • Non-Registered and RRSP, RIF, RESP, RDSP, LIF and TFSA eligible options 
  • Redeemable or non-redeemable
  • Minimum deposit as low as $500

What’s more, our experts can help make sure your money earns a competitive rate, is 100% guaranteed, and is invested locally to help people buy homes, grow businesses and live their dreams.

If you’d like to learn more, visit us at any branch or call 1.888.741.1010 today.

Catch the Rate Rocket

For a limited time, you can earn a bonus rate of 1.50%± on a 1 year Redeemable GIC on all new money not previously held with Coastal Community Credit Union. With a minimum contribution of $500, you will be on your way to meeting your investing goals.

Popular Term Deposits

We offer a variety of Term Deposit to meet a wide range of needs. However, here’s a snapshot of some of our more popular term deposits.

90 Day Convertible Term Deposit
Our 90 Day Convertible Term Deposit is available at a competitive rate.  It’s a great place to park some money for the short term.

Rate Option Term Deposit
Our Rate Option Term Deposit is available in 2year, 3year and 5year terms, is a non-redeemable product with the option to take advantage of rising rates one time during the term. This is optimal when rates are rising as you can lock into something that already provides an attractive rate and still be able to take advantage of an even higher rate should interest rates rise.

Rate Climber Term Deposit
Another option is the Rate Climber Term Deposit. This is also available in 3 year and 5 year terms as a redeemable product that provides guaranteed rates that escalate with each year of the term. With the Rate Climber, you receive a flexible product that allows you to redeem on the anniversary date without penalty.

Deposits are 100% guaranteed. Protection provided by the Credit Union Deposit Insurance Corporation of British Columbia.


*Mutual funds are offered through Credential Asset Management Inc., and mutual funds and other securities are offered through Credential Securities Inc.  The information above is provided as a general source of information and should not be considered personal tax advice, investment advice or solicitation to buy or sell any mutual funds ®Credential is a registered mark owned by Credential Financial Inc. and is used under licence.

±Rates subject to change without notice. Some conditions apply. Ask for details.