Access Credit Union - Monthly GIC product now available to Access members

Effective immediately, we are pleased to offer Access Credit Union members a monthly Guaranteed Investment Certificate (GIC) for their deposit goals.

What is a monthly GIC?

A monthly GIC (Guaranteed Investment Certificate) is a non-registered deposit where you earn interest every month instead of waiting until the end of the term.

A monthly GIC lets you invest a set amount of money for a fixed period, and you receive interest payments every month. Your original investment is safe and returned to you at the end of the term. It’s a good option if you want regular income from your investment—like getting a small paycheck each month from your savings.

For example*:

Standard GIC: You invest $10,000 for 1 year at 4%. You get $10,400 at the end.Monthly GIC: You invest $10,000 for 1 year at 4%. You get about $33.33 each month in interest, and your $10,000 back at the end.

What’s the rate?

For a complete list of the most current Access Credit Union rates, visit our Rates page.

How can I open one?

The monthly GIC product is available for opening with one of our representatives. Please visit your local branch or contact us at 1.800.264.2926.

Need more information about what product is right for you? Our Deposit Service Representatives are here to help. Make an appointment today.

*Rates are used for illustrative purposes only and do not reflect current Access Credit Union rates.

Tuesday | December 23, 08:00 AM