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Investments

 Home > Personal Banking > Investments > GICs

Guaranteed Investment Certificates (GICs)
and Term Deposits

Choosing a YNCU guaranted investment is a sure way to watch your money grow safely. No matter what you're saving for, we have a term and cashable option to suit your needs. Our rates are very competitive and your investment is protected by the Deposit Insurance Corporation of Ontario (DICO).

All of our GICs with terms of 90 days or longer are RRSP and RRIF eligible.

  • Short-term deposits:
    Terms from 30 to 364 days, with a minimum deposit of $2,500 and fixed rate of interest.
  • Cashable deposit
    One-year term at a fixed rate of interest, with a minimum deposit of $1,000. This GIC may be cashed, without penalty, after 30 days.
  • Long-term, Non-cashable
    Deposits with terms of one to five years earn a higher rate of interest but are non-cashable. Minimum deposit is $500.
  • Monthly Interest GIC
    For term deposits of a minimum of $5,000, for periods of one to five years, at a fixed rate of interest, with interest paid monthly. Seniors (59+) earn an additional 0.15% interest.
  • Bond Beater Season - Amacing Rate Offers!
    A popular alternative to savings bonds, available during October and November each year.