GIC/Term Deposits are an investment tool for investors who wish to achieve peace of mind of guaranteed rates for a specific guaranteed time frame. Investment options for GIC's range from cashable fixed rate GIC's to locked-in fixed rate GIC's that range from 1 to 5 years in length.
Some of the features of a Unity GIC/Term Deposit are:
- Canadian and U.S. short term deposits from 30 days to 1 year
- Canadian long term deposits of 1-5 years
- Have your interest added to your principal at maturity and enjoy the power of compounding
- Have your interest paid monthly, annually or on maturity to an account of your choice
- Available as an RRSP or RRIF
- You can feel secure knowing that your Canadian dollar deposits are protected up to a maximum of $100,000 through the Deposit Insurance Corporation of Ontario (DICO). To learn more about Deposit Insurance coverage, contact Your Credit Union or visit DICO
Contact your Unity Financial Advisor for more information
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