Some of the best rates in Canada

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When you think investments, a credit union might not come to mind. But did you know we have market-leading deposit rates?

Our 'Some of the Best Rates in Canada' Pledge means helping you grow your hard-earned dollars everyday. Whether it's through term deposits, savings accounts, mortgages loans, GICs or any of our other product offerings, we're committed to bringing you some of the best rates possible.

Earn more faster.
Contact us to invest your hard-earned money today.

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If you're already a customer or member of Innovation Credit Union, you can invest in a term deposit through online banking in minutes.


Here's how:

  1. Log in to online banking
  2. Choose Account Services from the left menu on the Account Summary page.
  3. On the Open an Additional Account page, choose the type of account you wish to open.
  4. Follow the prompts and you're set!
Let's get started

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We monitor and update our lending and deposit rates frequently to ensure they're always some of the best in the nation.

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Comparisons based on posted bank website rates 03/06/20. Innovation investments: minimum investment of $1,000. Interest is earned in the currency of the account and calculated on a per annum basis. Interest rates are subject to change without notice.

Investments require a minimum deposit of $1,000. Minimum investment of $1,000. Interest is earned in the currency of the account and calculated on a per annum basis. Rates are subject to change without notice. Interest rates are annual interest rates. Interest is calculated daily on the closing credit balance. If term is withdrawn in full, the accrued interest is paid in full based on prior day's amount. If partial withdrawals are processed, there is no payment of accrued interest as it's paid according to the original terms. Interest for products can either be paid to a separate account or added to the principal on each anniversary date and at maturity.

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