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Non-Registered Products: One Year Cashable Term Deposit

Product in a Nutshell: (What is it?)

A term deposit that can be redeemed anytime.

Benefits

Features

Flexible: “You have access to your investment anytime.”
- Redeemable anytime
- Interest paid at maturity or when redeemed after 30 days

“You can choose to have the interest paid to an account of your choice.”

- Interest payout option
Growth: “You can start your investment with a small amount.”

“Your rate of return is guaranteed.”

“You have the opportunity for a rate bonus through profit sharing.”

“You know what your growth will be if held to maturity.”
-Minimum amount of $500


- Guaranteed rates until maturity

- Eligible for ProfitShares program


- Competitive rates
Immediate or detailed information: "You have multiple ways of accessing account information or history."
- Monthly detailed statements
- In branch assistance
- Immediate access to online banking, telephone banking and mobile services
Security: "You can rest assured knowing your money is safe."
- Your funds are fully guaranteed through our unlimited deposit guarantee.

Who might benefit from this product/ service?

Any member who has a minimum of $500 to invest for one year but wants the flexibility to access their funds.