Guaranteed Investment Certificates (GICs) are a safe way to invest and grow your money. Your initial investment and your fixed rate of return are guaranteed so your money is secure and your financial goals are more attainable. When you get a GIC, you are agreeing to invest with a financial institution for a set number of months or years (the term). In exchange, your money will earn interest. The longer the term, the more interest you earn. At the end of the term, you get the entire amount you deposited plus any interest remaining.

If you’re not reassured already… we’re an active partner within the financial services community, and a proud member of the following organizations:

• Payments Canada
• Canadian Bankers Association (CBA)
• Registered Deposit Broker Association (RDBA)

We are also a participant on CANNEX Financial Network (CFN) enabling efficient and straightforward processing of term deposits/Guaranteed Investment Certificate (GIC) transactions.

First West Credit Union Rates

We offer the following non-registered, fixed rate GIC deposit products available through our nationwide network of deposit brokers and financial advisors:

• Short Term GICs (from 180 to 364 days)
• Long Term GICs (from 1 to 5 years)

Our GIC rates are competitive and easy to find. First West Credit Union rates are posted here and we have a dedicated customer service department to help with all service related questions.

Whether you’re looking to save up for a new home or a family vacation, there’s a First West Credit Union GIC that will fit your saving needs. We pride ourselves on our unbanklike approach, which means we’re always available to answer all your GIC questions.