*Rates are calculated on a per annum basis and subject to change at any time.
1Valid for a limited time and available to Prospera Credit Union members making new deposits only. Additional terms, conditions and restrictions apply.
Personal investing
Term deposits
Get guaranteed returns, whether you want flexibility or can lock in longer to benefit from a higher rate.
Protect your savings
Market ups and downs aren’t for everyone — or for all your money. For security and stability, choose term deposits that are 100% guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia. You’ll benefit your local community too, because we invest term deposits locally.
With term deposits, you get:
- Higher interest rates
- Guaranteed rates
- Short or long terms
With savings accounts, you get:
- Lower interest rates
- Market rates
- Access to your savings anytime
Not sure which to choose?
Non-redeemable
Get a better interest rate if you don’t need to touch your money before the maturity date.
Shorter term
Non-redeemable term deposit (up to 12 months)
Park money and earn interest for a short time.
- Invest $5000 or more
- Terms of 30 to 364 days
- Not redeemable before maturity
- Interest paid at maturity
Longer term
Non-redeemable term deposit (12 to 60 months)
Invest towards a cost that’s a few years away.
- Invest $1000 or more
- Terms of 1 to 5 years
- Not redeemable before maturity
- Interest paid monthly or annually
Cashable
Stay flexible with the option to withdraw your money anytime after 30 days.
Not locked in
Cashable term deposit
Invest for one year without locking in your money.
- Invest $1000 or more
- Term of 1 year
- Redeemable after 30 days
- Interest paid at maturity
Rate climber
Enjoy higher rates the longer you stay invested — but you can cash out at the end of each year.
Medium term
Rate climber term deposit (3 years)
Invest for an adventure three years from now, with an annual opportunity to redeem.
- Invest $1000 or more
- Term of 3 years
- Redeemable on annual anniversary
- Interest paid annually
Re-investable
If interest rates rise, you can cash out early and re-invest in a non-redeemable term deposit of equal or greater length.
Shorter term
Re-investable term deposit (15 months)
Lock in for 15 months, with the option to switch to a higher-rate term deposit during your term.
- Invest $1000 or more
- Term of 15 months
- Can switch to non-redeemable
- Interest paid at maturity
Longer term
Supersaver (18 months)
Build savings faster with an interest rate advantage.
- Invest $1000 or more
- Term of 18 months
- Redeemable every 6 months
- Interest paid semi-annually
Non-redeemable US dollar
Earn interest on extra US dollars without converting currencies.
Shorter term
Non-redeemable US term deposit (up to 12 months)
Park your US dollar savings until your next cross-border shopping trip.
- Invest $5000 or more
- Terms of 30 to 364 days
- Not redeemable
- Interest paid at maturity
Longer term
Non-redeemable US term deposit (12 or 24 months)
Grow your US dollar savings for travel or spending that’s a year or two away.
- Invest $1000 or more
- Terms of 1 or 2 years
- Not redeemable
- Interest paid annually
Local banking means investing in the next generation.
We want to build a nurturing and supportive environment for all the children in our communities.
Ways to bank with us
The many ways you can access your accounts, documents, statements, and more:
Wealth planning
Wealth planning
Wealth services aren’t just for the ultra wealthy. Your bank balance shouldn’t determine whether or not you get access to financial planning advice. Ask us about wealth planning, because it’s never too late or too early to start.
How to reach us
Call our Member Service Centre
Contact tech support
Available 24/7
1 888 884 4430
Send a support email