Term Deposits

Term deposits offer competitive rates, guaranteed returns, flexibility, and control for the investor.

You have the option to choose redeemable or non-redeemable terms. Non-redeemable terms offer a higher rate of interest. Redeemable terms offer a secure investment with the flexibility to cash in your deposit and move your investments around. You've also got the option to choose from long or short term investments.

100% Deposit Guarantee

100% Deposit Guarantee

At First Credit Union, depositors are 100% protected by the Credit Union Deposit Insurance Corporation of British Columbia.

More than one million British Columbians enjoy the solid security and peace of mind that comes from saving at their credit union. The Credit Union Deposit Insurance Corporation of British Columbia, a statuatory corporation, protects all British Columbia credit union depositors. Security, dependability, and trust - that's the unbeatable combination you will find at First Credit Union.

In addition, each year, First Credit Union offers a very competitive alternative to the Canada Savings Bond, a product that was for years, very popular among Canadian investors. First Credit Union Term Deposits not only offer the same high degree of investment security as Canada Savings Bond, but they often offer higher rates of return and more options. With choices like this, you can be sure that we've got the right term for you!

term deposit rates