GIC Details
| Available terms and rates | One year |
|---|---|
| Access to funds This is the flexibility to cash out (redeem) the GIC during the term. |
Non-Redeemable With non-redeemable GICs, there’s penalty if you take your investment out before the GIC matures. If you may need access to the funds, consider a redeemable option.
|
| Minimum investment | $500 |
| Interest |
Paid annually Get an interest payment on each anniversary of opening the GIC. |
This is the flexibility to cash out (redeem) the GIC during the term.
Get a lump sum interest payment at the end of the term. Get an interest payment on each anniversary of opening the GIC.
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Coast Capital Savings Federal Credit Union is a member of the Canada Deposit Insurance Corporation (CDIC). More CDIC information
Only deposits payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.