TCU Financial Group leads the way with Best Rate Guarantee: 5 for 5

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Changes in the financial markets open up new opportunities for investors from all walks of life. Leading the way is the TCU Financial Group with its Best Rate Guarantee offer of 5 percent per year for a 5-year time deposit.

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“This is currently the best rate on a five-year non-refundable deposit in Saskatoon and Regina,” said Meghan Fossenier, account manager at TCU. “In addition, if you buy today and the price increases before March 15, we also guarantee that we will increase the price accordingly.”

For example, the Best Rate Guarantee offer would earn over $2,700 on a $10,000 deposit over the five year term. The investment can also be used towards a TFSA, RRSP, RRIF and GIC to generate additional income for the investor.

“This offer is open to everyone, whether you are an existing member or want to become a new member of TCU Financial Group,” says Fossenier, adding that becoming a member is as easy as showing valid ID and paying a membership fee deposit of $5 . New members also get a fee-free checking account. Current members can earn a cash bonus of up to $250 for a new member referral.

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Fossenier also emphasizes, “As a member, your funds deposited with us, including your term deposits, are 100 percent protected by the Credit Union Deposit Guarantee Corporation.”

For years, fixed deposits have been a fundamental and safe part of the average person’s investment strategy. This was especially true in the 1970s and 1980s when mortgage rates were at their peak. As mortgage rates fell, so did term deposit rates, to the point where term deposits in general lost their appeal. Now that mortgage rates are rising, the resulting impact on term deposits is beginning to revitalize investor attractiveness, and with good reason.

At a time when financial markets remain unstable and there is talk of an impending recession, the TCU Financial Group Best Rate Guarantee of 5 percent per year for 5 years offers a stable investment with a guaranteed, significant return. It has been many years since there was such a high interest rate on a fixed deposit. Now is the time to make sure it’s part of a comprehensive financial portfolio. Attractive tariffs with shorter terms of 2, 3 and 4 years are also available.

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TCU Financial Group has a long history of offering the best interest rates to its members, with the assurance of guaranteed deposits and strict adherence to the highest ethical standards. Founded 70 years ago as Teachers Credit Union with a single branch in Saskatoon, it has grown to branches in Saskatoon and Regina, with more than $700 million in assets on the credit union side and another $300 million of assets under management on the credit union side of the asset management side. It has also expanded its reach into the community, including its role as the naming partner for TCU Place in Saskatoon. What has remained constant over the decades is TCU’s adherence to the values ​​of the credit unions.

“We are a local credit union that invests in our communities and puts the interests of our members first,” said Jaime Spencer, Manager, Brand and Communications at TCU. “We are passionate about building successful relationships. We promise to get to know you and your priorities. We work with you to develop personalized solutions to achieve your financial goals.”

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There is no question that the best price guarantee is an offer worth considering, regardless of your financial situation or goals. For the vast majority of retirees, who want income stability and typically follow a low-risk financial strategy, a five-year interest rate guarantee provides that security. For the younger investor, the fact that you can finally earn that guaranteed higher return within additional tax saving options such as a TFSA or RRSP can add up to significant amounts over the long term.

“As with any investment, each person is unique, so it makes sense to discuss your situation with a financial professional first,” adds Fossenier. “At TCU Financial Group, we start by asking you the right questions and listening to what you want to achieve. We can then show you the calculations of how much you can earn, easily set up a GIC, TFSA, RRIF or RRSP for you if required, and ensure your investment needs have been fully addressed when we are done.”

For more information and to schedule an appointment at your nearest branch, visit TCU Financial at www.tcufinancialgroup.com .

THIS STORY WAS CREATED BY CONTENT WORKS, POSTMEDIA’S COMMERCIAL CONTENT DIVISION, ON BEHALF OF TCU FINANCIAL GROUP.