Rapid Riser Escalator Term Deposit

The Rapid Riser 18 month redeemable term deposit gives you investment flexibility if you are waiting for rates to rise but also provides the growth and security of earning an attractive rate when held to maturity.

Term Highlights

  • 18 Month term
  • Rate increases every 6 months.
  • Redeemable after 12 months.
  • Convertible on the 6 month anniversary date.
  • View rates
To open this term deposit or for more information, please contact us today or visit a Community Savings branch.

Features and benefits:

  • Flexible Term - 18 month term lets you earn competitive interest without locking away funds for a long time.
  • Escalating Rate – Watch your rate rapidly rise every 6 months. Interest rate is compounded annually.
  • Redeemable - The Escalator term can be redeemed after 12 months with no penalty.
  • Registered product - Available as both a registered and non-registered product.
  • Deposits are 100% guaranteed. Protection provided by the Credit Union Deposit Insurance Corporation of British Columbia. Detail

Minimum Deposit

  • Minimum $500 ($100 for Junior members)