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.

An Index-Linked Term Deposit is a safe way to benefit from the potential growth of investing in the stock market. Your initial investment is 100% guaranteed, and the interest on your investment is based on the performance of the S&P/TSX 60 Index.

We use an index is an indicator to measure and report value changes in a selected group of stocks. The S&P/TSX 60 Index is designed to represent leading companies in leading industries.



Rate

Your rate offers the potential for a higher return. 
The investment return on your deposit will be based on the participation rate multiplied by the average return of the S&P/TSX 60* Index over the term of the deposit.

Term

3 and 5 year non redeemable terms available. 
The term does not automatically renew.

Safe and Secure

Deposits are insured by the Deposit Insurance Corporation of Ontario, making sure your money is protected.

Principal Guaranteed

100% principal protection.

Interest

Interest is paid at maturity.

Minimum Deposit

Minimum $1000 deposit is required.

Performance

Check out how your investment is doing or see performance history by visiting the links below:

Three-Year Term Deposits

Five-Year Term Deposits 

To learn about all of the investment options available to you, click here to review our full suite of investment products.

* "Standard & Poor's®" and "S&P®" are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Central 1 Credit Union and sublicensed by the Credit Union. "TSX" is a trademark of the Toronto Stock Exchange and has been licensed for use by Central 1 Credit Union and sublicensed by the Credit Union. The Index-Linked Term Deposits are not sponsored, endorsed, sold or promoted by Standard & Poor's or the Toronto Stock Exchange and neither party makes any representation regarding the advisability of investing in these deposits.

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 Deposit Insurance Corporation of Ontario, 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 Deposit Insurance Corporation of Ontario, 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 Deposit Insurance Corporation of Ontario, 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!


To learn about all of the investment options available to you, click here to review our full suite of investment products.

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 Deposit Insurance Corporation of Ontario, 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.

To learn about all of the investment options available to you, click here to review our full suite of investment products.

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 Deposit Insurance Corporation of Ontario, 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 Deposit Insurance Company of Ontario.

Contact Us to start growing your savings today!