Investments
Which investments are best for you?
We have all of the options that you could wish for, so let us work with you to find the best investment solution to suit your needs.
Sudbury Credit Union is pleased to offer members a wide range of fixed rate term deposits with terms from 32 days to five years. Some fixed rate term deposits are eligible to be held in registered plans, depending on the term selected.
A fixed term deposit with a principal guarantee that pays a return based on the average performance of the S&P TSE 60 Index over a stated time period. Members can choose between a 3 year or a 5 year investment.
Do you have some extra funds to invest for 3 or 5 years and want to earn more interest than a savings account?
Saving for your retirement? We've got you covered with investment options to suit your needs.
A Registered Retirement Income Fund (RRIF) is a retirement fund registered with the Government of Canada that provides income during your retirement. You transfer funds into a RRIF from a Registered Retirement Savings Plan (RRSP), Registered Pension Plan (RPP) or from another RRIF.
The Tax-Free Savings Account (TFSA) is a flexible savings account registered with the Government of Canada that allows you to earn tax-free investment income. Canadians aged 18 and older can save up to $5,500 each year in a TFSA.
A Registered Education Savings Plan (RESP) is a special savings account registered with the Government of Canada to help you, your family or friends save early for your child’s education after high school.
