U.S. Dollar Short-Term Deposit

If you travel frequently to the U.S. or hold assets south of the border, these investments earn a competitive interest rate while helping you avoid exchange-rate fluctuations. A minimum investment of $5,000 is this term deposit is cashable anytime. Interest is paid in U.S. funds at maturity, no interest on early redemptions.

Term Deposits Features

  • Apply By Phone

    1-888-826-2489

  • Annual Interest Rate

    0.1%

  • Equity Protection

    No

  • Auto Renewal

    -

  • Registered

    No

  • Transferability

    -

  • Interest Annually

    No

  • Fund Access

    -

  • Type

    Standard

Term Deposits FAQ

What is a term deposit?

A term deposit is an investment, a fixed amount of money that is deposited for a fixed period of time.

Is there a difference between a term deposit and a Certificate of Deposit?

Is a term deposit better than a savings account?

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Service Info

Vancity

Verified within the past few weeks

Vancouver City Savings Credit Union, commonly referred to as Vancity, is a member-owned financial co-operative headquartered in Vancouver, British Columbia. By asset size, Vancity is the largest community credit union in Canada, with $18.6 billion in assets, 58 branches and more than 509,000 members.

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