Term Deposits
Investing with YNCU means both saving money and making money. You can be assured you will have access to one of the widest ranges of investment products available in the industry.
A redeemable term deposit allows you to access your money at any time, should the need arise, with a slightly lower rate of return than non-redeemable term deposits.
A non-redeemable term deposit does not allow you to access your money prior to maturity of the term, with a higher rate of return than redeemable term deposits.
Our term deposits offer a competitive interest rate for the entire term and a guaranteed return on your principal investment.
Market-Linked GICs are a unique investment option where returns are linked to the performance of the stock market. The performance in the stock market or sector to which the GIC is “linked” determines the rate of return, but the principal investment is always secured and guaranteed.
Feature Product:
3 and 5 year terms available through Responsible Investments.
Your investment will be automatically reinvested in a similar product with comparable terms and conditions.
Safe and Secure
Deposits insured by the Financial Services Regulatory Authority of Ontario (FSRA), making sure your money is protected.
Capital Guaranteed
Capital 100% guaranteed at maturity
Return
Return on the investment is based on the appreciation of the benchmark securities and can only be known at maturity. Return could be nil at maturity.
Minimum Deposit
Minimum $1000 deposit required.
A long term deposit is a great option for growing your money, with the security of knowing your principal is protected. YNCU offers both redeemable and non-redeemable long term deposits.
Rate
Enjoy the security of a guaranteed rate.
Term
Feature Product:
1 to 5 year terms available.
To simplify the renewal process, this investment will automatically renew into the same investment at the posted rate.
Safe and Secure
Deposits insured by the Financial Services Regulatory Authority of Ontario (FSRA), making sure your money is protected.
Interest & Principal Guaranteed
Guaranteed growth and 100% principal protection.
Interest
Interest can be paid annually, or at maturity.
Minimum Deposit
Minimum $1000 deposit required.
If you’re looking for a safe, secure and guaranteed investment that pays you regularly (rather than at maturity), consider our monthly interest Guaranteed Investment Certificate (GIC).
Rate
Tiered interest rates begin at balances of $20,000 or more: a great opportunity to earn more as your balances grow.
Term
1 to 5 year non-redeemable terms available.
To simplify the renewal process, this investment will automatically renew into the same investment at the posted rate.
Safe and secure
Deposits insured by the Financial Services Regulatory Authority of Ontario (FSRA), making sure your money is protected.
Interest and Principal Guaranteed
Guaranteed growth and 100% principal protection.
Interest is paid monthly.
Minimum $1000 deposit required.
The YNCU Pay Yourself Guaranteed Investment Certificate (GIC) is ideal for anyone trying to find a way to start working towards his or her financial goals by creating a monthly savings plan.
Make it part of your portfolio and start saving with a simple to set up, easy to use, monthly savings plan. Invest in yourself!
Rate
Enjoy the security of a guaranteed rate.
Term
1 year term available.
To simplify the renewal process, this investment will automatically renew into the same investment at the posted rate.
Safe and Secure
Deposits are insured by the Financial Services Regulatory Authority of Ontario (FSRA), making sure your money is protected.
Interest & Principal Guaranteed
Guaranteed growth and 100% principal protection.
Interest
Interest paid at maturity.
No Minimum Deposit
No minimum monthly preauthorization contribution (PAC) is required.
It's up to you. Choose the dollar amount that is right for you!
A short term deposit is a great option for growing your money when you have a short-term goal or need access to your savings. The 1 Year Cashable GIC offers the peace of mind of knowing your principal and rate of return are guaranteed. YNCU offers redeemable short term deposits.
Rate
Rate is guaranteed for the entire term, unless redeemed prior to maturity.
Term
1 Year Redeemable
To simplify the renewal process, this investment will automatically renew into the same investment at the posted rate.
Safe and Secure
Deposits insured by the Financial Services Regulatory Authority of Ontario (FSRA), making sure your money is protected.
Interest & Principal Guaranteed
Guaranteed growth and 100% principal protection.
Interest
Interest is paid at maturity.
Minimum Deposit
Minimum $1000 deposit is required.
A Step Up Term Deposit is a great option for growing your money at an escalating rate, with the security of knowing your principal is protected.
Rate
Enjoy earning a higher interest rate year after year. Rate subject to change at any time. Promoted rates are offered for a limited time only.
Term
3 year terms available.
To simplify the renewal process, this investment will automatically renew into the same investment at the posted rate.
Safe and Secure
Deposits insured by the Financial Services Regulatory Authority of Ontario (FSRA), making sure your money is protected.
Interest & Principal Guaranteed
Guaranteed growth and 100% principal protection.
Interest
Interest can be paid annually, or at maturity.
Minimum Deposit
Minimum $1000 deposit is required.
Both your principal and your return are guaranteed, regardless of what happens to interest rates. Our investments are protected by the Financial Services Regulatory Authority of Ontario (FSRA).
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Term Deposit Terms (PDF - 90.33 KB)
Download our simplified list of all term deposit products here.
