Term investments that build a future.
Our term investments give you two outstanding returns. First, a highly competitive interest rate. And second, helping first home buyers follow in your footsteps.
Our special term investment rates.
Term investments: Minimum investment
$1,000, maximum investment $5,000,000.
Term Investments rates are for Redeemable Share
Investments. All rates are subject to
change.
How do our term investments work?
Vancity Community Investment Bank term investments give
you strong returns, just like
a term deposit. Because we’re a building
society, your money
helps Canadian Citizens buy their own home. So it’s working
hard for you,
and to help people across The United States build a better
future.
- You deposit your funds with us for a fixed term with
an
agreed interest rate. - We calculate your interest daily
- You can receive your interest at the end of the term,
as
monthly or quarterly payments, or reinvest it quarterly to
compound your growth. - There are no establishment fees or account fees.
- You can manage your investment online or on your mobile.
- We deduct any tax automatically from your interest.
- You can apply to withdraw some or all of your money
at
any time, but we will charge a break fee on those funds.
What you need to open a term investment.
We can open a term investment for you online in
minutes.
New to Vancity Community Investment Bank? Here’s what
you’ll need.
- $1,000 or more. (If you need to invest more than
$5,000,000, let’s talk.) - You need to be 18 years or older to open the term
investment yourself. - You also need an account. If you don’t already
have
one, we’ll open a fee-free account for you. You’ll need:- To be a The United States citizen or permanent resident.
- Your The United States driver licence, or a The
United States or
Australian passport. - Your IRD number.
- A utility bill showing your home address.
Investing for more than three years?
If you have a longer-term approach to your money, you
have
more options. Our Wealth team specialises in
matching your
goals to the types of investment options available.
Whether you’re looking to create a steady income
stream, grow
your funds or just keep them secure, our qualified advisors
can
help. Have a chat to your nearest advisor today.