Impact GIC Rates
Minimum deposit of $500 for members 18 and older.
Minimum deposit of $50 for members under 18.
|
Impact GIC |
Term |
Up to $24,999 |
$25,000 to $49,999 |
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Community Inspiration GIC |
3 Year |
3.10% |
3.15% |
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Affordable Housing GIC |
4 Year |
3.10% |
3.15% |
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GIC Rates 1,2,3,4,8
For terms up to 364 days, the minimum deposit is $5,000.
For terms from 1 to 5 years, the minimum deposit is $500 for members 18 and older and $50 for members under 18.
|
Term |
Up to $24,999 |
$25,000 to $49,999 |
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|
30 days |
2.00% |
2.05% |
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60 days |
2.10% |
2.15% |
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|
90 days |
2.30% |
2.35% |
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180 days |
2.45% |
2.50% |
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|
270 days |
2.55% |
2.60% |
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|
1 Year |
3.05% |
3.10% |
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|
2 Year |
3.10% |
3.15% |
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|
3 Year |
3.10% |
3.15% |
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4 Year |
3.10% |
3.15 |
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5 Year |
3.10% |
3.15% |
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Market-Linked GICs
Visit our Market-Linked GICs page to learn more about this investment available in 3 and 5 year terms.
3-Year Step Term5
Minimum deposit of $500 for members 18 and older.
Minimum deposit of $50 for members under 18.
| YEAR | Rate |
|---|---|
|
|
| Year 1 |
2.55%
|
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|
| Year 2 | 2.60% |
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| Year 3 | 3.40% |
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| Compound Return |
2.85%
|
5-Year Step Term6
Minimum deposit of $500 for members 18 and older.
Minimum deposit of $50 for members under 18.
| YEAR | Rate |
|---|---|
|
|
| Year 1 |
2.55%
|
|
|
| Year 2 | 2.60% |
|
|
| Year 3 | 2.60% |
|
|
| Year 4 |
2.60%
|
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|
| Year 5 |
3.90%
|
|
|
| Compound return |
2.85%
|
Rates are subject to change without notice at any time. All GICs are not redeemable prior to maturity unless otherwise indicated.
For more information about our investment products, rates, or deposit insurance please contact us, or visit your local branch and speak with a member of our Wealth and Investment team. High interest savings, daily interest savings, and combined savings / chequing accounts are also available.
At Kindred Credit Union, eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority of Ontario (FSRA). Eligible deposits not in registered accounts are insured up to $250,000 through FSRA. Learn more about deposit insurance.
1 Tiered Rates are determined by the total value of one or more GICs invested at Kindred Credit Union that start on the same day.
2 Aggregate Rates apply where the total value of all GICs, Investment Shares, and Registered Contracts invested at Kindred Credit Union and Aviso Wealth investments equal $250,000 and above.
3 Community Inspiration GICs are available as RRSP, RRIF, TFSA, or non-registered.
4 Affordable Housing GICs are available as RRSP, RRIF, TFSA, or non-registered.
5 3-Year Step Term GICs are transferable for a 30-day period following each anniversary date to a term equal to, or longer than, and are available as RRSP, RRIF, TFSA, or non-registered.
6 5-Year Step Term GICs are redeemable on any day following the first anniversary date, and are available as RRSP, RRIF, TFSA, or non-registered.
7 Investment Shares are not deposit insured, and rate is subject to Board approval annually and paid in January.
8 Cashable after 90 days. Deposits above $250,000 are eligible for special pricing.