Term Deposits

  • Options range from 1 year to 5 years.
  • Redeemable and Non Redeemable term options
  • Interest compounded or paid annually

You can count on credit union GICs (Guaranteed Investment Certificates) to earn competitive interest rates. You will enjoy peace of mind knowing your investment is solid and secure. We can work with you to determine the amount and frequency of your deposits and help you select the terms that suit you best.

Plus, we'll guarantee the interest rate for whatever length of term you choose.

SCU's Target GIC

When you've got specific goals in mind, then SCU's Target GIC is for you. It offers you the flexibility to save at your pace. Simply choose a desired Target amount for a 1-year GIC and throughout the year we will automatically transfer funds from your account to the term deposit. Features of the Target GIC:

  • Non-redeemable
  • Minimum deposit $25.00/month
  • Transfers can be weekly, biweekly, monthly, etc.

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