Term Deposits

A term deposit, also known as a Guaranteed Investment Certificate (GIC), is a low-risk investment where a fixed amount is deposit with Christian Credit Union for a set period of time at a predetermined interest rate.

You may choose to invest through a term deposit because it offers guaranteed returns and principal protection, making it a safe and predictable way to grow your savings. Because it’s a low-risk option, your money is shielded from market fluctuations while providing fixed interest over a set period. Additionally, your deposit is 100% guaranteed due to the Credit Union Deposit Guarantee Corporation.