Terms & Conditions

Deposits are insured for up to $250,000 per member through the Deposit Insurance Corporation of Ontario. Deposits held in registered savings plans are separately insured from deposits held in other accounts. All deposits made to RSP, RESP, RRIF and LIF plans are fully insured through the Deposit Insurance Corporation of Ontario. 

  1. The Promotional Rate offer of 2.50% expires October 31, 2018 at 11:59 p.m.
  2. Northern Credit Union reserves the right, in its sole discretion to terminate this promotion, in whole or in part, or modify, amend or suspend the promotion in any manner whatsoever.
  3. Minimum deposit of $1,000.
  4. This product is only offered in non-redeemable 22-month investment.
  5. Interest on deposits will be paid at investment maturity.
  6. This offer cannot be combined with other promotional rate offers.
  7. Promotional Interest and regular rates are subject to change at any time; please speak to a Northern Credit Union representative for current rates.
  8. Upon maturity, the loyalty bonus of 0.2% will be applied to the original deposit balance for the full 22-month term provided the member reinvests the original deposit amount for a term of equal or greater length.