The Fire Department Employees Credit Union - Toronto, Ontario
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Term Deposits & Savings Certificates

Term Deposits - Long Term

  • 1 year or 3 year terms (minimum $2,000) for regular savings and registered plans (RRSPs, RRIFs and TFSAs)
  • Tiered rates for maximum returns on your investment – 1-year or 3-year terms.
  • Experience the value of compounding interest
  • Bonus interest for deposits over $50,000
  • Interest rate is fixed at the time of deposit for the duration of the certificate and is renewable at the prevailing interest rate upon maturity
  • Term deposits may be pledged as security on loans to lower your interest rate
  • Details of term deposits available through online banking
  • Statements are mailed twice yearly after June 30th and December 31st and available online
  • Special 90 day term deposits just for our Junior Firefighters available with a minimum deposit of $100
Savings Certificates - Short Term
  • Higher interest rates to maximize your savings ability
  • 30 day GIC with a minimum $2,000 deposit available for non-registered funds
  • Bonus interest for deposits over $10,000, the more you deposit, the higher the rate!
  • Statements are mailed twice yearly after June 30th and December 31st and available online
  • Details of certificates available through online banking
Rates

 

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