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Investments
- Guaranteed Investments
- Index-Linked term deposits
- Mutual funds
- Ethical Funds
- Tax Free Savings Account
- Investment specialists
- Deposit protection
Investment Products
Our line-up of investment products includes:
- Guaranteed Investment Certificates (GICs)
- Index-Linked term deposits
- Mutual funds*
- Ethical Funds Inc.
- Tax Free Savings Account (TFSA) options including high-interest savings account, term deposits (GICs) and Index-Linked term deposits
YNCU has investment specialists available at every branch to help you start reaching your financial goals. Contact your branch for more information on rates.
Security - How your deposits are protecetd
The Deposit Insurance Corporation of Ontario (DICO) is an Ontario Provincial Agency established under the Credit Unions and Caisses Populaires Act, 1994. DICO's role is to protect depositors of Ontario credit unions and caisses populaires from loss of their deposits. Deposit insurance is part of a comprehensive depositor protection program for all Ontario credit unions which is backed by provincial legislation.
DICO helps keep Ontario's credit unions safe and sound by providing deposit insurance and regulating their activities.
- Each depositor in Your Neighbourhood Credit Union is insured to a maximum of $100,000 for the combined principal, interest, and dividends relating to that Member's total deposits* (unlimited on registered plans) ;
- Your deposits are automatically insured;
- You don't have to pay for deposit insurance; premiums are paid to DICO by credit unions and caisses populaires;
- Most - but not all - types of deposits are insured. * See What's Covered, What's Not Covered at www.dico.com
- For detailed information about your deposit protection coverage visit www.dico.com or obtain a copy of "How Your Deposits Are Insured" from any of our branches.
Financial Planning Strategies
If you'd like assistance planning your investment strategy, we can help you through Credential Financial Strategies Inc., a financial planning service that is FREE to credit union Members.