We've merged effective January 1, 2020 and while this website may still bear the name and logo of Westminster Savings Credit Union, we are in the process of revising all print and digital materials to bear the name of the new legal entity - Prospera Credit Union. We appreciate your patience during this transitional period.

Reinvestable Term Deposits

Our 15-month reinvestable term deposit lets you invest your money without compromising flexibility.

Apply online

visit a branch near you or call 604-517-0100 to set up your term today.

If interest rates rise you can re-invest your money, without penalty, into a 12 to 60 month non-redeemable term deposit as long as the new term is equal to or greater than the time remaining on the original 15 month term.

Term Features

  • A reinvestable term deposit is an excellent option for rate-aware members seeking protection and options over the course of the term should interest rates increase.
  • You can add more money to the term deposit balance at the time the funds are reinvested to take advantage of rising interest rates.

Terms & Conditions

  • Term length of 15 months
  • Minimum $1000.00 ($500.00 for junior members) initial deposit
  • Fixed interest rate
  • Upon re-investment the new term must be equal to or greater than the time remaining on the original term. New money can be added to the original term amount at the time the funds are re-invested.
  • Interest pays to a chequing or savings at maturity
  • This term deposit is not eligible for RRSPs or RRIFs

Talk to a Financial Expert today.

Our financial experts will answer any of your term deposit questions. Call us at 604-517-0100 or send us your question online and we'll respond to you within one business day.

Term Deposit Guide

Learn about term deposits and how they can benefit your savings plan.

See the guide...

Need help?

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Current Rates

15 Month Reinvestable

15 Month