- Term availability: 30 days - 5 years
- Interest paid annually or at maturity
- Available as registered (RRSP, TFSA, RRIF) or non-registered
- Competitive interest rates, guaranteed for length of term
- Minimum investment amount: $500 ($100 for youth)
Term Deposits
A secure place to grow your hard-earned money.
Whether it’s saving for a big purchase or a stress-free retirement, our term deposits have you covered
Choose from a variety of term lengths and options to fit your financial goals and needs.
Three-Year Harvest Term Deposit
At Northern Savings, our Harvest Term Deposit keeps your savings close to home with a tiered three-year term that's 100% guaranteed, cashable and built to grow, earning you a 4.00%* interest rate in year three!
- Year 1 - 2.70%
- Year 2 - 2.90%
- Year 3 - 4.00%
*Rates are subject to change without notice. Weighted average interest rate (WAIR) is 3.20%.
Depositors are 100% protected!
*Your eligible deposits are 100% guaranteed by the Credit Union Deposit Insurance Corporation of British Columbia.
Funds are invested back into your community!
We put members' investments to work in the community, supporting local people, businesses and not-for-profits.
Explore our term deposit options
Fixed Term Deposits
These secure investments are available in a variety of terms and are fully redeemable at maturity.
Features and benefits
Cashable Term Deposits
Invest knowing the option to withdraw your funds is available should the need arise.
Features and benefits
- Term availability: 12 months
- Interest paid at maturity
- Available as registered (RRSP, TFSA, RRIF) or non-registered
- Competitive interest rates, guaranteed for length of term
- Minimum investment amount: $500 ($100 for youth)
Check out our competitive rates
Check out our current term deposit rates and promotions.
Diversify your investments
Save time managing your investments with professionally managed mutual funds.
Try our investment calculators
See how you’re progressing against your financial goals with our easy-to-use calculators.
