Invest in Yourself and Your Community with a Term Deposit

Build up your wealth and your community

with our Northern Birch Term Deposits

Earned interest

for you

Support for your community

NEW! 2.20%* 1-Year CAD Cashable GIC

Growth for today. Flexibility for tomorrow.

Competitive guaranteed rate for 1 year
Access your funds if you need them
No stock market risk
Safe and secure savings - your deposit is insured by FSRA
Ideal for short-term goals and emergency reserves
Easy to set up

**Terms and conditions apply. Rates subject to change at any time without notice.

**1-Year CAD Cashable GIC Details

1-Year Cashable Guaranteed Investment Certificate (GIC) Terms and Conditions

These Terms and Conditions apply to the Northern Birch Credit Union 1-Year CAD Cashable Guaranteed Investment Certificate (GIC). This product is only available for non-registered investments. By investing in this product, you agree to the following terms:

1. Minimum Investment Requirements

The minimum deposit required to open a 1-Year CAD Cashable GIC is $500.00.

A specialized minimum deposit of $100.00 is available for members under the age of 21.

2. Guaranteed Return

Principal Protection: Your original principal investment is fully guaranteed and will not lose any value.

Fixed Interest Rate: Your interest rate is locked in and guaranteed not to fluctuate throughout the 1-year term, provided the investment is held until the maturity date.

3. Redemption & Early Withdrawal Rules

This product offers flexibility of accessibility prior to the maturity date, subject to the following rules:

No Partial Redemptions: If you choose to cash out your GIC before maturity, you must redeem the full amount of the investment. Partial withdrawals are not permitted.

Early Redemption (Days 0 to 60): If the GIC is redeemed within the first 60 days of the term, no interest will be earned. The applicable interest rate for this period is 0.00%.

Early Redemption (Days 61 to 364): If the GIC is redeemed after 60 days but prior to the maturity date, your redemption rate will be the originally posted rate at the time of purchase.

The interest rate is calculated per annum and paid out at maturity. The offer is available for a limited time and subject to change at any time, without advance notice. Rates are subject to change at any time without advance notice. Additional promotional offers may not apply.

*Terms & Conditions

*Offer available to approved Northern Birch Credit Union members who deposit new funds into a new 1-year term deposit. Registered and non-registered products held with Northern Birch (TFSA, RRSP, RRIF, FHSA) are eligible.

For the purpose of this promotion, “new money” or “new funds” refers to eligible funds that are newly deposited to Northern Birch Credit Union and were not held with us prior to the start of the promotion date of March 10^th, 2026.

The annual rate of 3.25% applies to deposit amounts of $10,000 or more coming from another financial institution or outside of Northern Birch Credit Union. Deposits must be made in one lump sum. Code 1YEARMAY must be mentioned at time of deposit to take advantage of the special rate. Additionally, your starting cash balance as of the promotion start date will be used as a reference point to determine eligibility.

Invest in yourself & in your community

Terms of 1 - 5 years available
May be held directly or as part of a registered plan, like an RRSP or TFSA
Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA). Eligible deposits in registered accounts have unlimited coverage through FSRA.
Minimum deposit of $500
Under 21? You can invest with as little as $100
Interest paid annually

SEE OUR RATES