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Grow Your Savings

Take advantage of our limited time offers!

    Grow your savings, while growing your community, with our investment offers

    Don't delay, these offers are only available for a limited time.

    Earn 5.00% for 6 Months!

    Available until March 1, 2024

    Invest your TFSA or RRSP contribution and you can earn 5.00% in a 6 month term locked in term deposit. Offer available for new contributions to Northern Savings only.

    • For new TFSA/RRSP contributions deposited to Northern Savings Credit Union
    • Minimum investment amount of $500
    • Available until March 1, 2024
    6 month term deposit is applicable to new funds to Northern Savings only. Some restrictions apply. Rates are subject to change without notice. Rates shown are calculated on a per annum basis.

    Receive up to $500 Cash Back!

    Available until March 1, 2024

    Transfer a minimum of $10,000 from another financial institution to Qtrade Advisor or Qtrade Asset Management at Northern Savings and you will receive up to $500 cash back!

    • Funds must be deposited into a TFSA/RRSP plan
    • Minimum of $10,000
    • Transfers must be initiated by March 1, 2024
    • Funds must remain in the account for 12 months+

    Terms & conditions

    Members will receive up to $500 when they transfer their Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) to Qtrade Advisor or Qtrade Asset Management at Northern Savings Financial Services Ltd. (NSFS).

    1. The following conditions need to be met in order for the member to receive the cash back offer:
    2. This offer is only available to members of Northern Savings Credit Union.
    3. Transfers need to be a minimum of $10,000 (Canadian dollars).
    4. Transfers must be initiated through NSFS by March 1, 2024.
    5. Members will receive a 1% cash bonus on the funds transferred to Qtrade Advisor or Qtrade Asset Management via NSFS, up to $500.
    6. Multiple transfers in by the same member do not qualify for more than one cash back offer (i.e., the maximum amount per member is $500).
    7. Funds must be invested with Qtrade Advisor or Qtrade Asset Management.
    8. Transfers must come from other financial institutions and transfers from Northern Savings Credit Union are not eligible.
    9. The member will be responsible to pay any transfer or early redemption fees the transferring financial institution may charge for the transfer.
    10. Funds must remain in the account for a minimum of 12 months (an early cash-out will result in members being required to repay the bonus amount and corresponding interest earnings to NSFS).
    11. The cash bonus will be deposited into the client's credit union account.
    12. No portion of the cash bonus may be used to subscribe for Class A shares (i.e., membership shares) in Northern Savings Credit Union.
    13. Cash bonuses will be paid by NSFS no later than April 1, 2024, at 5:00 p.m. PST.
    14. Mutual funds, other securities and securities related financial planning services are offered through Qtrade Advisor, a division of Credential Qtrade Securities Inc. Mutual funds and related financial planning services are offered through Qtrade Asset Management (a tradename of Credential Asset Management Inc)
     

    Make saving easier!

    Set up automatic contributions from your account directly to your savings and cruise into your savings goals! Consider setting up a savings plan that deducts a monthly or biweekly amount from your paycheque or your account.
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    Don't miss the deadline

    The RRSP deadline is February 29. If you have an RRSP savings account already set up, transfer your contribution from your account to your RRSP savings account online. Contact us when you have time to review your investment options.
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    Should I borrow to invest?

    Borrowing to invest could be a great strategy. Maximize your annual RRSP or TFSA contribution or catch up on unused contribution room with a Northern Savings low rate investment loan.
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    Have a question or want to become a member?

    Send us a note and we'll reach out to you.
     
     
     
     
     

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