Term Deposits
Grow your business savings worry-free with your initial investment and returns 100% guaranteed.
What are Term Deposits for Your Business
A Term Deposit (also known as a GIC) is an easy way to grow your business's savings. It's a secure, worry-free investment where not only is your initial deposit safe, but you're also guarenteed to generate a return.
Your investments are in safe hands with us. Up to $250,000 in deposits are protected by the Credit Union Deposit Guarantee Corporation (CUDIC) so you can invest in confidence knowing your business's savings are safe and sound.
Your investments are in safe hands with us. Up to $250,000 in deposits are protected by the Credit Union Deposit Guarantee Corporation (CUDIC) so you can invest in confidence knowing your business's savings are safe and sound.
Why invest in a term deposit?
Secure investment
Invest with peace of mind that your business savings are secure while still earning guaranteed interest.
Flexible options
Select from a variety of investment terms and interest rates to fit your specific business goals.
Fully insured
Feel secure in your investment with insurance provided by the Credit Union Deposit Guarantee Corporation.
Find the right term deposit for your business needs
Non-Redeemable Term Deposit (GIC)
Perfect for your business if…
You're looking to lock in a higher interest rate for a set amount of time – low risk investing at its best.
Key features
- Guaranteed rate of return with no risk of losing the princile
- Various term lengths to support any investment horizon
- Interest paid annually and/or at maturity
Redeemable Term Deposit (GIC)
Perfect for your business if…
You're looking for a guarenteed rate of return with the flexibility to cash out any time – low risk investing at its best.
Key features
- Guaranteed rate of return with no risk of losing the princile
- Cash your investment at any time
- Various term lengths to support any investment horizon
- Interest paid annually and/or at maturity
CF Wealth Maximizer
Perfect for your business if…
You're looking for a flexible, 3-year tiered-rate Term Deposit (GIC) with rates that increase each year.
Key features
- Guaranteed rate of return with no risk of losing the princile
- Rates increase each year
- Access to your funds annually
- Interest paid annually and/or at maturity
Invest in Your Business and Community with Coastal Financial Credit Union Term Deposits
When you choose a Coastal Financial Credit Union Term Deposit for your business, you're not just securing a competitive financial product; you're also contributing to the prosperity of Southwest Nova Scotia. Unlike traditional banks, our profits are reinvested locally, enhancing the products and services we offer to our members and fostering the growth of our communities.
We're committed to supporting more than just financial gains. From addressing housing and food insecurity to promoting financial literacy and backing local cultural events, Coastal Financial is proud to support over 75 local organizations and initiatives annually. By partnering with us, your business plays a pivotal role in our mission to uplift and improve the social and economic wellbeing of the communities we serve.
Discover the dual benefits of a Coastal Financial Term Deposit today—where your business investment yields returns for you and your community.
Get your term deposit more ways
Book a chat
Call 902.742.7322
Come in-branch
Investing rates
Take a look at the latest, competitive rates on offer for our term deposits.
Not sure which term deposit is right for your business?
We’ll be happy to help you pinpoint the option that best suits your business goals.
Select Image
Security Legal Site Map Privacy Ombudservice
Copyright 2024 Coastal Financial Credit Union. All rights reserved.
Copyright 2024 Coastal Financial Credit Union. All rights reserved.
