Disclaimer: Rates are subject to change without notice. Promotional rate applies to members that qualify as part of the rewards program. Minimum deposit of $1,000 is required. Non-registered and Registered products qualify for the rate. Term is not redeemable. Rate is calculated on the balance annually (compounded) and paid on maturity. Unless otherwise instructed by the member, the term deposit will automatically be reinvested for a 2-year term at the then prevailing 2-year posted rate. Prior to the term deposit maturity date, the member may instruct the Police Credit Union to transfer the balance to a demand account or reinvest in any term deposit offered at the time of maturity.
The Financial Services Regulatory Authority of Ontario (FSRA) provides deposit protection for all eligible deposits held at Ontario Credit Unions and Caisses Populaires. The Deposit Insurance Reserve Fund (DIRF) is administered by FSRA and funded by Ontario Credit Unions and Caisses Populaires at no cost to depositors. For further information on deposit insurance, contact FSRA at https://www.fsrao.ca/