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Variable | Fixed Rate | Mortgage Investment Certificate
All Deposits and Earned Interest, regardless of amount, are
100% GUARANTEED
by the Credit Union Deposit Guarantee Corporation
Variable RRIF
- Interest calculated daily and paid semi-annually on June 30 and December 31
- Interest rate determined by market
Fixed Rate RRIF
- 1 - 5 year terms which automatically renew at current rates
- $1000.00 minimum investment required
- Interest calculated daily and compounded annually
- Interest rate determined by market
Mortgage Investment Certificate RRIF
- 1 - 5 year term
- $1000 minimum investment required
- Redeemable with 1% penalty of principal balance for each year remaining or part thereof
- Variable rate, floats with average yield on total 1st mortgage portfolio
- Rate is adjusted monthly
- Interest paid annually
For more information on any of the Registered Retirement Income Funds, drop in to your local branch or give us a call.
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