Maximize your cash holdings
Along with competitive rates for your money, these benefits come standard with all our term deposits.
Invest in your business's best interests
Safe and secure term deposit solutions
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Stress free
Guaranteed interest rates means you always know how your money's doing
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Zero risk
Depositors are 100% protected by the Credit Union Deposit Insurance Corporation of BC
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Flexibility
Short & long-term positions + redemption options to meet any purpose
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More time, higher rate
Time = money. The longer you save, the better rate you'll receive
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Easy tax reporting
Annual T5 statements - mailed or accessed online
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Support local
Local deposits are re-invested as loans to Island residents & businesses
RATE CLIMBER TERM DEPOSIT
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The flexible solution with built-in growth
The perfect choice if your business is looking for a flexible investment with guaranteed escalating rates.
Key features:
Rates increase each and every year
Choice of a 3 or 5 year term
​ Fully or partly cashable on each anniversary
NON-REDEEMABLE TERM DEPOSIT
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Lock into a term but enjoy a higher rate
The perfect choice if you want higher returns for the funds you're able to set aside for the short, medium or long-term.
Key features:
Options from 30 days to 5 years
The longer the term, the higher the interest
​ Have the interest earned returned to your cash flow or have it compound
RATE OPTION TERM DEPOSIT
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Take advantage of rising rates
The perfect choice for excess cash. Plus, enjoy peace of mind knowing you're able to lock into a new rate when rates are rising.
Key features:
2, 3 or 5-year terms
Funds are locked in to ensure you get the best rate
​ Option to convert to a higher rate once during the term
90-DAY CONVERTIBLE TERM DEPOSIT
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Guaranteed rates combined with flexibility
The perfect choice when you want to put extra capital to work for the short-term. Comes with the option to convert to a different term deposit at any time.
Key features:
Convertible to another term deposit at any time
Invest as little as $500
​ Have the interest earned returned to your cash flow or have it compound
US DOLLAR TERM DEPOSIT
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Save and earn in US Dollars
The perfect choice if you want a safe and secure way to protect your business's US funds against exchange rate changes.
Key features:
Save and earn interest without converting your US funds
Terms from 30 days to 5 years
​ The longer the term, the more you earn
FROM THE LEARNING CENTRE
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Building a solid succession plan for your business
It might seem like a long way off, but there's no time like the present to plan your exit strategy.
What does a solid succession plan look like?
Why start planning sooner rather than later?
​ The steps to building a succession plan
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