Teacher Special Deposit rates
Teachers Special Deposits are non-voting deposits. The interest rate is declared quarterly and paid annually.1
- These deposits are redeemable at any time by the holder.
- Deposits are 100% guaranteed. Protection provided by the Credit Union Deposit Insurance Corporation of British Columbia.
These deposits are not currently for sale.
Rates apply to non-registered, RRSP and RRIF Teachers Special Deposits
| Teachers Special Deposits (Rates effective 2023-12-31) |
2023 Interest Rates1 |
|---|---|
| 1st Quarter | 4.55% |
| 2nd Quarter | 4.12% |
| 3rd Quarter | 4.77% |
| 4th Quarter | 5.32% |
1 Current interest payment: Teachers Special Deposits interest is calculated on minimum quarterly balances and paid annually.
Future interest payment (effective November 11, 2016): The interest rate and the interest payment calculation will be equal to the dividend rate and dividend calculation of the Vancity Class C Investment Shares. Current quarter rate shown is subject to final Vancity Board approval.