Term Deposits

Term Deposits
Funds are deposited for a specific period of time and interest rates are guaranteed for the duration of the term. Spiritwood Credit Union also offers competitive interest rates.

Redeemable Term Deposits are offered for 1 to 5 year terms, interest paid annually, cashable any time with a 1% interest penalty. Minimum deposit of $100.00.

Non-Redeemable Term Deposits are offered for terms of 30 days to 364 days (minimum deposit $5000.00) and 1 to 5 years (minimum deposit of $500.00), interest paid annually and cannot be redeemed until maturity.