Term Deposits

Achieve your short term goals and future retirement dreams

Your money stays local: funding your neighbour's mortgage, your favorite retailer's expansion and important community initiatives.

Explore the benefits of a Term Deposit:

Guaranteed interest rates
A variety of terms and redemption options
Competitive rates
Can be part of a registered plan (RRSP, TFSA, RRIF)
Your deposits support people and businesses on the Sunshine Coast in the form of loans

Find the right term deposit for you

Please visit our Rates page to find out more about current rates and product offerings.

Regular Term Deposits

Regular Term Deposits

fixed terms: 30 days to 5 years (redeemable and non-redeemable options)
non-redeemable terms generally pay higher than redeemable
interest paid at maturity, annually, semi-annually, quarterly or monthly

Escalator Term Deposits
With our Escalator Term Deposits you earn a higher rate of interest each successive year throughout the life of the term deposit.

Take advantage of market performance

TAKE ADVANTAGE OF MARKET PERFORMANCE

MarketConnect Term Deposits offer unlimited earning potential with zero risk to your principal investment. Like a term deposit, your investment is locked in for a defined period of time. Your return is linked to the stock market rather than a guaranteed rate.

Benefits of MarketConnect Term Deposits:

No risk to your principal investment
No fees
Low minimum investment of $1000
Unlimited potential
Flexibility of 3 or 5-year terms
Choose a non-registered term or RRSP, TFSA

MarketConnect Term Deposits are a great fit if you want to earn a potentially higher return, without the risk of losing your principal investment. The return is calculated by the growth of the market index over the term.

Track the performance of MarketConnect term deposits here:

Contact Us

Coast Accumulator Term Deposits

Contract to deposit a fixed amount over a specific period of time
Interest is calculated on a closing daily balance and paid annually
Non-redeemable fixed rate terms: 1 -5 years
Minimum deposit/installment amount of $25.00 per month
RRSP eligible
Minimum overall contractual amount $500 for registered plans and $1000 for non-registered plans

Special Term Deposits

offered at specific times during the year
special rates and terms apply

Speak with an Advisor

Our local team of experts can help you determine:

How term deposits can help you achieve your financial goals
How to use multiple term deposits to your advantage
How terms deposits may or may not be suitable for your RRSP

Get a personal investment plan

Grow Your Wealth

Sunshine Coast Financial is part of the Coast Capital Savings Federal Credit Union family of brands. Coast Capital Savings Federal Credit Union is a member of the Canada Deposit Insurance Corporation (CDIC). More CDIC information.

_{Only deposits payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.}