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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
  • 100% deposit guarantee. At Sunshine Coast Credit Union, depositors are 100% protected by the Credit Union Deposit Insurance Corporation (CUDIC) of British Columbia

Find the right term deposit for you

​Take advantage of rising rates over time

Take advantage of rising rates over time

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

Rates effective 2019-09-06

3 Year Non-Redeemable Escalator Term Deposit

rates*

Escalating Term Deposit - 3 Yr Investment, Year 11.75%
Escalating Term Deposit - 3 Yr Investment, Year 22.20%

Escalating Term Deposit - 3 Yr Investment, Year 3


2.75%
Rates effective 2019-09-06

3 Year Redeemable Escalator Term Deposit     

Rates*

Escalating Term Deposit - 3 Yr Investment, Year 11.75%
Escalating Term Deposit - 3 Yr Investment, Year 22.15%
Escalating Term Deposit - 3 Yr Investment, Year 32.70%


Rates effective 2019-09-06

5 Year Non-Redeemable Escalator Term Deposit

RATES*

Escalating Term Deposit - 5 Yr Investment, Year 11.75%
Escalating Term Deposit - 5 Yr Investment, Year 22.15%
Escalating Term Deposit - 5 Yr Investment, Year 32.35%
Escalating Term Deposit - 5 Yr Investment, Year 42.75%
Escalating Term Deposit - 5 Yr Investment, Year 53.50%


Rates effective 2019-09-06

5 Year Redeemable Escalator Term Deposit

RATES*

Escalating Term Deposit - 5 Yr Investment, Year 11.75%
Escalating Term Deposit - 5 Yr Investment, Year 22.00%
Escalating Term Deposit - 5 Yr Investment, Year 32.30%
Escalating Term Deposit - 5 Yr Investment, Year 42.50%
Escalating Term Deposit - 5 Yr Investment, Year 53.50%

Note:

Sunshine Coast Escalator Terms are also RRSP eligible.

Minimum Deposit Required:

  • RRSP - $500
  • Non RRSP - $1,000

All rates subject to change without notice.

Open a Term Deposit

​Save for a short term goal

Save for a short term goal

Rates effective 2019-06-19

SHORT TERM REDEEMABLE TERM DEPOSITS                  

RATES*

30-59 Days0.35%
60-89 Days0.45%
90-119 Days0.55%
120-179 Days0.65%
180-269 Days0.70%
270-364 Days0.75%


Rates effective 2019-09-06

SHORT TERM NON-REDEEMABLE TERM DEPOSITS       

RATES*

30-59 Days0.50%
60-89 Days0.60%
90-119 Days0.70%
120-179 Days0.80%
180-269 Days0.85%
270-364 Days0.90%
  • 30 day to two year redeemable terms may be redeemed at a discount 29 days after the date of deposit
  • Three to five year redeemable term deposits will have a discount if redeemed within 364 days
  • Short terms and 1 year terms pay interest at maturity date
  • Two to five year terms pay interest annually on the anniversary date

Members have the option to have this interest paid into their account or back into their term.

All rates subject to change without notice.

Open a Term Deposit

​Save for a longer term goal

Save for a longer term goal

Rates effective 2019-09-06

LONG TERM REDEEMABLE TERM DEPOSITS       

Rates*

1 Year1.25%
18 Months1.30%
2 Years1.40%
3 Years1.50%
4 Years1.50%
5 Years1.65%


Rates effective 2019-09-06

LONG TERM NON-REDEEMABLE TERM DEPOSITS

Rates*

1 Year1.70%
18 Months1.80%
18 Month Variable Convertible Non-Redeemable2.45%
2 Years1.90%
3 Years2.10%
4 Years2.20%
5 Years2.40%


Open a Term Deposit

Note:

  • 30 day to two year redeemable terms may be redeemed at a discount 29 days after the date of deposit
  • Three to five year redeemable term deposits will have a discount if redeemed within 364 days
  • Short terms and 1 year terms pay interest at maturity date
  • Two to five year terms pay interest annually on the anniversary date

​Save while making a social impact

IMPACTFUL TERM DEPOSITS                    

RATES*

Year 11.75%
Year 21.90%
Year 32.30%
Year 43.00%
Year 54.50%
AVG2.69%
  • Invest in what matters
  • Impactful term deposits offer a financial and social return
  • Minimum investment $1,000
  • ​Limited time offer


Contact Us

​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:

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:

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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