Westoba Credit Union

Term Deposits (GICs)

Building Community. One Investment at a time.

This is right for you if… you’re looking to earn interest on your savings, while keeping a peace of mind knowing your investment is secure.

Our Term Deposits or Guaranteed Investment Certificates (GICs) have competitive interest rates while offering you a term length you are comfortable with. We want you to succeed with your financial goals and have financial solutions to help get you there.

Features include:

  • Available in CDN and US dollars
  • Interest calculated daily and paid either on the anniversary date or the term or at maturity
  • Term length options between 30 days and five years


An Escalator Term Deposit allows you to enjoy interest rates that increase over 3 or 5 year terms. Your entire investment is guaranteed!


An Index-Linked Term Deposit allows you to potentially earn high returns linked to the stock market over three or five years. Your initial investment is guaranteed!