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.

What is an Index-Linked GIC?
Index-Linked GICs are a type of GIC where returns are linked to the performance of stock market indexes. 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.

Why should I invest in an Index-Linked GIC?
Investing in an Index-Linked GIC gives you the potential to earn a higher return than you would with other fixed income products. Plus, you can feel secure knowing that no matter how the market performs, your principal amount is guaranteed.

There’s a little more risk involved in an Index-Linked GIC because while you could earn a great return if the market performs well; you also take the chance that if the market doesn’t perform well, you’re not guaranteed a return.

Index-Linked GIC Key Features

• 100% principal investment guaranteed – at minimum, your initial investment will be returned to you at the end of the term

• Higher potential returns based on stock market performance

• No fees or commissions

• Deposits insured by Financial Services Regulatory Authority of Ontario (FSRA)

• Non-Registered, RRSP and TFSA eligible

• $1,000 minimum required

To learn more or to start investing in an Index-Linked GIC, contact your local branch or book an appointment online today.

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).

Contact Us to start growing your savings today!