Cashable term deposit

Put your funds in a safe place, while waiting to decide what to do with them. With a 1-year cashable term deposit, you have the flexibility to leave funds in or cash out a partial amount or the full amount at any time.* The choice is yours. It’s a great way to build your savings by putting it in a good place.

  • Accessibility and flexibility
    Choose to leave funds in for the whole term. Or cash them out—fully or partially—at any time.*
  • Build savings faster
    Reach your financial goals sooner with a cashable term deposit and its competitive interest rate.
  • Build a better community
    Your money helps fund loans to businesses and organizations doing good work in your community.
  • 100% guaranteed
    As a credit union member, you receive unlimited depositor protection from the Credit Union Deposit Insurance Corporation of British Columbia.
  • Affordability
    Start building your wealth with as little as $500.
  • Guaranteed returns
    Your interest rate will not change for the length of the term.
  • TFSA eligible
    Earn tax-free interest when you put your term deposit into a tax-free savings account (TFSA).

Let's talk term deposits

Call or visit your Vancity community branch to speak with an Investment Professional for advice on term deposits or to discuss other investment solutions.

Greater Vancouver

Vancouver Island

Toll free within Canada or the U.S.
1.888.Vancity (826.2489)

* All or part of the deposit may be withdrawn at any time, but deposit must be held for the length of the chosen lockout period (30 days or 90 days) to earn interest. Interest rate is per year and all interest is paid at maturity. Interest rate may change without notice. $500 minimum deposit (must remain invested after partial withdrawal). Non transferable. TFSA eligible.

Next steps

For any inquiries that are not Mutual Funds related, please contact

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