Invest worry-free with a term deposit.

Term Deposits (also known as Guaranteed Investment Certificates, or GICs) are perfect for anyone looking for a safe investment with a guaranteed rate of return. You can choose terms between 1 and 5 years and are rewarded with a higher rate than most conventional savings accounts.

Index-Linked Term Deposit*

Performance driven
Index-Linked Term Deposits are fixed term deposits that pay a return based on the performance of the S&P/TSX 60 Index**

Security
Index-Linked Term deposits have the security of principal protection. No matter what happens to the stock market, you are guaranteed the return of your principal when your deposit matures.

Benefits

100% principal protection
Provincial deposit insurance
RRSP and TFSA eligible
No fees or commissions

*some conditions may apply
**past performance of the Index does not guarantee future performance. The return on deposit will fluctuate in relation to the performance of the stocks underlying the Index. The value of the Index used to determine the return on the Index-linkeds term Deposit will be determined by the Credit Union Central of Ontario Limited or its designee.