Terms and Conditions

General Information: A TFSA Term Deposit allows eligible Canadian residents (18+ with a valid SIN) to earn tax-free interest. Contributions are made with after-tax dollars, and withdrawals are tax-free.

Contribution Limits & Penalties: Contribution limits are set annually by the Canada Revenue Agency (CRA). Members are responsible for ensuring they do not exceed their contribution room. Excess contributions may be subject to a penalties.

Interest & Terms: Fixed interest rates apply for the selected term and are subject to change without notice prior to account opening. Early withdrawals may be restricted or subject to penalties. Minimum deposit amounts may apply.

Deposit Insurance: Eligible deposits are 100% insured by the Credit Union Deposit Insurance Corporation of BC (CUDIC). Visit www.cudicbc.ca for details.

Regulatory Compliance: TFSA rules and limits are subject to CRA regulations. Visit www.canada.ca for updates.

Legal & Tax Advice: This information is for general purposes only and does not constitute financial, legal, or tax advice. Consult a professional for personalized guidance.