Turtleford Credit Union offers a variety of term deposits to suit member investment needs, combining high yield and guaranteed security. All term deposit interest participates in any patronage return, thus increasing the overall yield of the term deposit.
Short Term
- 30 - 365 days
- Interest paid on maturity
- No early redemption
Long Term
- 1 – 5 year terms
- Interest on anniversary date to the term deposit or account of choice
- Can be used as security at a preferred rate
- Redeembable subject to an early redemption penalty
RateRaiser Term
- 5 year term
- Interest paid annually to term deposit or account of choice
- Interest rate can be changed once, on any anniversary date to the current posted 5 year rate for the remaining frame of the original five years
- Can be used as security at a preferred rate
- No early redemption
