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- Term Deposits
- South West Slopes Credit Union
- Term Deposit Account
Term Deposit Account
- 3 months
- Automatic maturity rollover
- Joint application available
- Maturity alert by email
Interest rate
3.50%
Maximum rate
4.50%
for 24 months
Term Deposit Account
- 3 months
- Automatic maturity rollover
- Joint application available
- Maturity alert by email
Interest rate
3.50%
Maximum rate
4.50%
for 24 months
Pros and Cons
For Term Deposit Account
Benefits
- 12 month interest rate (for $50k deposit) ranked in the best 20%
- No account keeping fees
- Interest can be paid to other institution
- Only 7 days notice to withdraw funds before maturity
- Automatic maturity rollover
- Maturity alert by email
Drawbacks
South West Slopes Credit Union Rate Term Deposit overview
For Term Deposit Account
Features
Min deposit
$10,000
Automatic maturity rollover
Maturity alert by phone
Maturity alert by email
Joint application available
Minimum age requirement
Notice period to withdraw
7
Is covered by government guarantee
Target Market Determination
Interest
Interest calculation frequency
Daily
Interest payment frequency options
Annually, At Maturity, Monthly
Interest payment via other institution
Interest payment method
Rollover on maturity
Fees
Account keeping fee
$0