Skip to main content
GPS Pin
Join US
Couple Browsing GIC Specials on Laptop

Term Deposit Interest Rates

  • Rates
  • Term Deposit Interest Rates

GIC Specials

Our 24-month Escalator GIC offers an average yield of 4.30%*

With your rate going up every 8 months over the 2 year term - the longer you stay invested, the more you’ll earn.

Applies to registered and non-registered accounts, excluding RESP’s.

LEARN MORE

Earn 4.65%* on a 15-Month GIC or 4.60%* on a 27-Month GIC

Open by calling our Member Service Centre.

Non-redeemable. Available for registered and non-registered accounts.

Contact Us

A market-linked GIC offers the potential for higher returns

Up your game with a product that can provide market returns but is secure and simple for your peace of mind. Our market-linked GICs offer 100% principal protection and the potential for higher returns.

Learn more
 
 
 

View term deposit rates

List of rates for LONG TERM NON-REDEEMABLE TERM DEPOSITS*
LONG TERM NON-REDEEMABLE TERM DEPOSITS* Rate
1 Year
4.55
2 Year
4.40
3 Year
4.20
4 Year
4.10
5 Year
4.05
List of rates for SHORT-TERM NON-REDEEMABLE TERM DEPOSITS*
SHORT-TERM NON-REDEEMABLE TERM DEPOSITS* Rate
90-179 Days
2.85
180 - 269 Days
2.80
270 - 364 Days
2.95
List of rates for LONG-TERM REDEEMABLE TERM DEPOSITS*
LONG-TERM REDEEMABLE TERM DEPOSITS* Rate
1 Year
3.90
2 Year
3.90
3 Year
3.70
4 Year
3.60
5 Year
3.55
List of rates for SHORT-TERM REDEEMABLE TERM DEPOSITS*
SHORT-TERM REDEEMABLE TERM DEPOSITS* Rate
90 - 179 Days
2.30
180 - 269 Days
2.30
270 - 364 Days
2.45
List of rates for 5-YEAR ACCELERATOR TERM DEPOSIT*
5-YEAR ACCELERATOR TERM DEPOSIT* Rate
Year 1
4.55
Year 2
4.35
Year 3
4.15
Year 4
4.00
Year 5
3.00
List of rates for U.S. SHORT TERM*
U.S. SHORT TERM* Rate
30 - 59 Days
0.65
60 - 89 Days
1.10
90 - 179 Days
1.85
180 - 269 Days
1.90
270 - 364
2.15
List of rates for 24-MONTH ESCALATOR GIC*
24-MONTH ESCALATOR GIC* Rate
Months 1 - 8
2.95
Months 9 - 16
4.50
Months 17 - 24
5.45
Effective Yield
4.30
 

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

 
 

Take a look at...

 

Wealth

Investing doesn’t have to be complicated. Choose how you want to start growing your wealth.

​Mortgages

Are you buying a home, renovating or refinancing? Find the right mortgage for you.

​Cash Back Visa Credit Card ​❐

Put extra dollars back into your wallet with no annual fee.

 
 


Personal Products and Services

Personal accounts

Credit cards

Borrowing

Investing and saving

Insurance


Help

Help and support

Contact

Review a branch

How we use your feedback

Calculators


Online banking

Log in

 
 
 
 
 

​​​FirstOntario Credit Union logo​​

 
 
FSRA logo, opens in a new tab
 

Online policies  •  Privacy  •  Internet Security  •  Legal  •  Accessibility Statement  •  Market Conduct Code  •  Site Map

​FirstOntario Credit Union © Copyright 2023