Term Deposits

Flexible and secure investment vehicles.

Term deposits have guaranteed rates and are secure savings vehicles for short or long-term investments. They let you determine the amount and frequency of your deposits, and you get to select the term that suits you.

Term deposits are RRSP-eligible, require a minimum deposit of $500, and in most cases, are not redeemable before maturity. Some promotions, however, allow redemption before maturity. This feature allows you to use your money for other needs or to reinvest at higher rates.

man recording information into journal


Fixed-term deposits are available in amounts of $1,000 or more. Redeemable term deposits are available in quantities of $500 or more. Rates of return are guaranteed for 12 months, with no penalty for early withdrawal.


Term lengths range from 30 days to 5 years, with interest rates guaranteed for the length of the term.

Consistent income

Interest is paid annually or at maturity.

Secures income

The initial interest rate is guaranteed for the entire term.

Earns money

Earned interest compounded in the account.


Telephone transfers are available.

Peace of mind

All deposits are 100% guaranteed by the Deposit Guarantee Corporation of Manitoba.

Talk to us.

Together, we'll work on achieving your financial goals.

Call 204-958-6300 or book an appointment at your nearest branch.