Make your money work for you
Deposit your money with us for a predetermined amount of time and earn higher interest rates than with traditional accounts.
Minimum Deposit - None!
Available term - One (1) year
Redeemable - Upon maturity (Early maturity allowed, but a break fee will be applied)
Ready to get started? Give us a call.
Fixed Deposit Perks
- No fees
- Competitive interest rates
- Can be used as collateral for loans
- Safe, secure investment with depositors insurance
Your interest is paid monthly to:
- - Member’s shares, deposit or loan account
- - Member’s bank account via ACH transfer
- - The member via cheque
Rates
≤ $10,000
$10,000 - $24,999
$25,000 - $50,000
$50,001 - $100,000
$100,001 - $249,999
$250,001 - $499,999
$500,001 and over
0.50%
0.50%
0.50%
0.50%
0.75%
1.15%
1.25%
Requirements
Here's what's needed to sign up:
If you have any more questions, call us. Our representatives are always ready to help.
Fixed Deposit
REQUIREMENTS
Documents:
Two (2) forms of valid ID
Letter of employment addressed to Credit Union or To Whom It May Concern
For pensioners - Supporting documents such as cheque stubs or NIS contribution is required
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
In cases of a utility bill not on your name - the owner of the bill must authorize you to use the bill by completing the Authorization letter and a providing a copy of valid Identification
Come into any VENTURE branch to complete the forms
If you have any more questions, call us. Our representatives are always ready to help.