Term Deposits

A term deposit is simply money deposited for a specified period of time, earning you a fixed rate of interest.

If you choose a non-redeemable term deposit, you'll earn an even higher rate of interest.  Short terms usually offer more flexibility, and longer terms provide higher rates.  You may also find terms with early withdrawal options. And by staggering your maturity dates you can provide yourself with extra protection against interest rate fluctuations.

  • Better rates of interest than regular savings accounts 
  • Safe, secure with guaranteed returns 
  • Choose from a variety of lengths and options 
  • Option to automatically renew
  • Interest can be rolled over or transferred to the account of your choice 

Click on the tabs for some of our more popular term deposits.


Fall Term Specials

Double the choice. Double your interest.

Invest in one of our Sweet Fall Specials and you could WIN double the rate!

It's a great time to tuck away some money by investing in one or both of our Fall Term Specials. Whether you are looking to invest in a term deposit, RRSP, RRIF, RESP, RDSP or TFSA, these terms offer competitve rates and flexiblity.  Not only that, these specials are Easy Term eligible allowing you to pay-as-you-go making it easy to start today.

Available now through December 15th:

24-Month Non-Redeemable Term Deposit.  Invest now and earn 2.60% interest!  This term is fully redeemable without penalty at maturity.

30-Month Term Deposit Special.  This flexible term earns you 2.50% interest and is fully redeemable without penalty after just 12 months.

Full Contest Details here.

*Posted rate is without profit shares and subject to change.  TFSA and RRSP eligible.  Offer ends December 15, 2018. One grand prize capped at $3,000.

Rate Climber

Step it up with the Rate Climber

If you want a longer term deposit, consider our Rate Climber*.

We know today's rate environment can be a challenge for investors, but the interest rates on these three-year and five-year terms climb higher every year.  And if the interest rates jump before maturity, you can cash in your deposit on any anniversary with no penalty.

Your minimum investment is just $500 or 12 Easy Term payments of $41.67 per month.

  • A 3 or 5 year rising rate term deposit ideal for longer term asset management 
  • Rates are guaranteed and interest compounds annually 
  • Can be cashed in without penalty on each anniversary 

*Not available on RESPs.

Kootenay Saver

Stay flexible with the Kootenay Saver

In investing as in life, flexibility keeps you open to opportunity.  The Kootenay Saver one-year guaranteed investment allows full and partial withdrawals or transfers without penalty after 90 days.

Your minimum investment is just $500.

  • A 1 year cashable term deposit ideal for short term security and flexibility 
  • Can be cashed in without penalty after 90 days and interest is paid up to the date of withdrawal 
  • Partial withdrawals allowed with a minimum of $500 
  • Also available in US Funds   

Easy Term

Saving so easy, you don't even know your're doing it.

We believe savings should be simple.  With Easy Term*, our pay-as-you-go savings plan, you can go about your daily business while your future takes care of itself.

Just decide how much you want to invest in any term deposit of one year or more, set up the initial payment and we'll do the rest.

Whatever you're saving for - a vacation, renovation, down payment on a home - the contributions will be drawn automatically from your account until you reach the term balance.  And best of all, your money will make interest the whole time.


*Not available on RESPs, StockLink or Kootenay Savers