Skip to main content
GPS Pin
Join US
Man Smiling and Relaxing in Kitchen

​Guaranteed Investment Certificates (GICs)

 
 

Get a competitive rate of return

With Guaranteed Investment Certificates, your principal is secure and your interest is guaranteed for the term. 

You can hold all of our term investments in non-registered form or in RRSP, RRIF and TFSA plans. Some types of term investments are eligible for RESPs.

CONTACT US
 

Select a GIC

GIC Specials

Boost your savings with our GIC specials:

  • Non-redeemable
  • Available for registered and non-registered accounts.
List of rates for GIC SPECIALS
GIC SPECIALS Rate
16 Month
3.60
28 Month
3.60

Short-term Guaranteed Investments

Put your money somewhere safe for a short time.

  • Terms go from 30 to 364 days
  • Competitive rates offer guaranteed growth
  • Available in non-registered form or in RRSP, RRIF and TFSA accounts
List of rates for SHORT-TERM REDEEMABLE GICS*
SHORT-TERM REDEEMABLE GICS* Rate
90 - 179 Days
2.60
180 - 269 Days
2.65
270 - 364 Days
2.75
List of rates for SHORT-TERM NON-REDEEMABLE GICS*
SHORT-TERM NON-REDEEMABLE GICS* Rate
90-179 Days
3.10
180 - 269 Days
3.15
270 - 364 Days
3.25

Long-term Guaranteed Investments

Build a foundation for your long-term plans.

  • Redeemable and non-redeemable terms from one to five years
  • Our laddering strategy maximizes returns and reduces sensitivity to changing interest rates
  • Available in non-registered form or in RRSP, RRIF, RESP and TFSA accounts
List of rates for LONG-TERM REDEEMABLE GICS*
LONG-TERM REDEEMABLE GICS* Rate
1 Year
2.50
2 Year
2.65
3 Year
2.65
4 Year
2.65
5 Year
2.80
List of rates for LONG TERM NON-REDEEMABLE GICS*
LONG TERM NON-REDEEMABLE GICS* Rate
1 Year
3.00
2 Year
3.15
3 Year
3.15
4 Year
4.00
5 Year
3.30

Market-linked Guaranteed Investment Certificates

If you want higher returns but you don’t want to risk your principal.

  • Principal is 100% guaranteed at maturity
  • Can provide a higher return than a fixed-rate term investment
  • No monitoring needed
  • No fees to calculate or deduct from returns
LEARN MORE

Accelerator Guaranteed Investment Certficate

Grow your investment at the maximum rate, with an option to redeem a portion before maturity

  • Offers high interest rates in every year of the five-year term
  • Option to convert to a regular GIC on the 3rd and 4th anniversary dates of the term
  • Take advantage of rising rates by re-investing your deposit at a higher rate
  • Redeem up to 20% of the principal with no penalty, once a year
 
List of rates for 5-YEAR ACCELERATOR GIC*
5-YEAR ACCELERATOR GIC* Rate
Year 1
3.00
Year 2
3.10
Year 3
3.15
Year 4
4.00
Year 5
4.50

24-Month Escalator Guaranteed Investment

A smart way to save!

  • Two-year term, split into three, eight-month intervals – enjoy rising rates for the two-year period
  • Interest compounds every eight months – earn interest on your interest
  • Available in non-registered form or in RRSP, RRIF and TFSA accounts (excluding RESPs)
 
List of rates for 24-MONTH ESCALATOR GIC*
24-MONTH ESCALATOR GIC* Rate
Months 1 - 8
3.00
Months 9 - 16
3.50
Months 17 - 24
4.00
Effective Yield
3.50
LEARN MORE

​​Speak with one of our Member consultants

CONTACT US
Select Image

*Rates are subject to change at any time. Conditions apply.

 

Take a look at...

 

Financial planning

Let our investment advisors guide you on the right path to your financial success. 

TFSAs

Grow your savings tax-free with a Tax-Free Savings Account.  

RRSPs

Your retirement savings will grow tax-free with a Registered Retirement Savings Plan.

 
 


Personal Products and Services

Personal accounts

Credit cards

Borrowing

Investing and saving

Insurance


Help

Help and support

Contact

Review a branch

Feedback

Financial Literacy

Calculators


Online banking

Log in

 
 
 
 
 

​​​FirstOntario Credit Union logo​​

 
 
FSRA logo, opens in a new tab
 

Privacy and security  •  Legal  •  Accessibility statement  •  Market Conduct Code  •  View all online policies  •  Site map

​FirstOntario Credit Union © Copyright 2025