Watch your savings grow with a TTD Fixed Deposit from VENTURE Credit Union.
Minimum investment: TTD $20,000
Available term: One (1) yearInterest 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 attached fees, you save we guarantee
- Competitive interest rates! The higher the principal, the higher the interest rate
- Beneficiaries do not require Letters of Administration to access funds upon death of the member.
- Safe, secure investment with depositors insurance up to $50,000
- The Trinidad and Tobago Credit Union Deposit Insurance Fund Co-operative Society Limited (TTCUDIF) insures our members’ investments. The TTCUDIF was formerly known as the Trinidad and Tobago Credit Union Stabilization Fund Co-operative Society Limited. This change was rendered effective on April 14th, 2015. For more information please visit http://stabfundtt.com/
Redeemable: Upon date of maturity
Is early redemption allowed? Yes, early redemption is allowed. However, a break fee will be calculated on the VENTURE Credit Union system on the day the member decides to break from the Fixed Deposit terms.