In addition to a high rate of return, the Redeem-A-Term offers the flexibility to redeem your investment at a moments' notice. The interest within the term is based on a sliding scale where the longer you leave the term deposit the higher the interest rate.

Term Highlights

  • 18 & 36 month terms
  • Redeemable
  • Registered & non-registered
  • Unlimited deposit insurance
  • View rates

To open this term deposit or for more information, please contact us today or visit a Community Savings branch.


  • Interest - interest is paid annually and at maturity. At time of purchase, you can choose to have funds automatically roll over or transfer to a deposit account.
  • Redeemability - the 18-month term is redeemable after 30 days and the 36-month term is redeemable at any point in the term's life. The term earns a higher rate of interest the longer it remains invested.
  • Registered product - also available as a registered RSP product.
  • Unlimited Deposit Insurance - The Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), a statutory corporation, protects all deposits of all British Columbia credit union members. Detail

Minimum Deposit

  • Minimum $500 ($100 for Junior members)