Watch your savings grow with a TTD Fixed Deposit from VENTURE Credit Union.
Minimum investment: TTD $20,000
Available term: One (1) year.
Interest is paid monthly to:
- Member’s shares, deposit or loan account
- Member’s bank account via ACH transfer
- The member via cheque
How you benefit:
- No fees
- Competitive interest rates
- Fixed deposits can be used as collateral for loans
- Safe, secure investment with depositors insurance
- Beneficiaries do not require Letters of Administration to access funds upon death of the member.
Redeemable: Upon maturity. Early redemption is allowed, however a break fee will be applicable.
Sign up: What’s needed?
- Two (2) valid forms of identification (National ID card, Driver’s Permit, Passport, Birth Certificate)
- Letter of employment addressed to VENTURE Credit Union or To Whom It May Concern
- For pensioners, supporting documents such as cheque stubs or NIS contribution is required
- For self employed persons/business owners, certification of registration or incorporation, job letter and payslip are required
- Recent utility bill in your name such as water, electricity, telephone and/or cable
- Come into any VENTURE branch to complete the forms