FIRST HOME SAVINGS ACCOUNT (FHSA)
Learn how an FHSA can help you save for a mortgage.
Skip to main content
Credit Cards
Mortgages
Loans & Credit Lines
APPLY FOR A LOAN UP TO $20K
APPLY FOR A LOAN UP TO $20K
Existing members can apply online for a personal loan up to $20,000. Simply log in to online banking, click Account Services and Apply for Loan.
Cashable & Redeemable Term Deposits
Guaranteed rates with easy access to your money
These investments are the perfect choice when you have a short-term savings goal but want the flexibility to cash out if needed.
Choose Cashable and Redeemable term deposits if you:
Feel you may need access to the funds in the future
Want to receive higher interest than a savings account
Anticipate that rates will rise in the near future
CASHABLE TERM DEPOSIT
Guaranteed rates with maximum flexibility
This 12 month term deposit is the perfect choice if you're not sure of your long-term goals. You get a guaranteed rate along with easy access to your money.
Cashable Term Deposit:
Convenient access — Your money is easily and quickly redeemable any time after 30 days
No penalty — You have the flexibility to cash out your funds early without penalty
Save on taxes — This term deposit is eligible for RRSP, TFSA, RESP and RRIF
REDEEMABLE TERM DEPOSIT
Guaranteed rates with early redemption options
If you're not sure what to do with your money and need flexibility, this choice offers a guaranteed rate of return and specified early redemption rates.
Redeemable Term Deposits Features:
Convenient access — Your money is easily and quickly redeemable after 30 days
Save on taxes — This term deposit is eligible for RRSP, TFSA, RESP, RDSP and RRIF
Our featured rates
18-Month Redeemable
1.500%
12-Month Cashable
2.500%
1-Year Redeemable
1.500%
OPENING A TERM DEPOSIT
Talk to an advisor to get the right term deposit
Term deposits are a great investment tool. We'll help you determine what term deposit fits your savings goals, including:
Saving for a short-term or longer term goal
Needing access to the funds
Getting the best rate available
ONLINE SUPPORT
Not finding what you're looking for?
Let one of Island-based experts help.
Not quite the right term deposit?
Take me to a term deposit that:
Provides higher interest but is not redeemable
Has a rate increase every year
Locks into a rate with an option to increase
Products, features and rates are subject to change without notice. All rates are quoted per annum, unless otherwise noted.
In the event of a discrepancy between the rates posted on this website and the official rates posted in our branches, the latter shall prevail.
Connect with Coastal Community
We're here for you.
SECURITY & PRIVACY
Together, let's do great things.
Coastal Community Credit Union acknowledges that we are located on the Lands of the Coast Salish, Nuu-chah-nulth and Kwakwaka’wakw ancestors and families, whose historical relationships with the Land continue to this day. We are grateful to have the opportunity to live, learn, work and play in their traditional and unceded territories.
© Copyright 2025 Coastal Community Credit Union