Unity Term Deposit
Members directly helping our community
We’re very excited to announce that we had a phenomenal response to our Unity Term Deposit offer, and we have achieved our goal of raising $200 million. These deposits not only provide our members with a great rate of return, the money will now be used to fund programs that will directly support those in our community affected by COVID-19.
Members of all means have put their dollars in this investment -- from $25 to $250,000 – and each one helped us achieve our goal. Now having reached that goal, the term deposit offer is over.
This investment will support and protect the businesses and people at the heart of our community. We’ll report out here soon on the impacts the raised funds are making.
When the one-year term of your Unity Term Deposit expires, unless you tell us otherwise, we will move your funds to a one-year Non-Redeemable Term Deposit , the details of which can be found here. This applies to all Unity Terms with $500 or more balance in each term. The interest rate will be the interest rate we offer for a one-year Non-Redeemable Term Deposit on the day your Unity Term Deposit expires. You have the right to cancel your one-year Non-Redeemable Term Deposit after the issuance date and if you do, your principal will be returned, but no interest will apply from the issuance to the cancellation date. For Unity Terms with less than $500 balance in each term, unless you tell us otherwise, funds will be moved into a demand account upon maturity.
Please contact us to discuss your other options.
Thank you for investing in others. At times like these, such commitment is invaluable.