Interest rate
2.60% to 3.25%
Interest rate
1 to 5 years
Redeemability
Non-redeemable
Why choose Regular Income Term Savings for your business
Guaranteed principal and interest rate
Your business’s investment is guaranteed and earns interest at a fixed rate.
Regular returns
Your business gets regular returns based on the payment amount and frequency you choose. Returns
Flexible payments
You choose your payment amount and frequency. If you need to, you can make changes on the anniversary date of your business’s investment.
Eligible savings plans and accounts
| Plan or account | Minimum investment |
|---|---|
| Non-registered | $10,000 |
Payment options
You can change the payment amount or frequency once a year, on the anniversary date of your business’s investment.
| Frequency | Payment amount can be changed |
|---|---|
| Weekly | Yes. |
| Every 2 weeks | Yes. |
| Monthly | Yes. |
| Every 3 months | Yes. |
Get more information about your investment
Deposit insurance coverage
Your investment is eligible for deposit insurance, up to a certain limit.
Eligible for member dividends
Term savings are included when calculating your member dividends, if your caisse or credit union pays them.