Effective January 1, 2020, Westminster Savings and Prospera Credit Union officially merged. The two credit unions are now one legal entity – Prospera Credit Union. In the months ahead, we will be launching our new brand and will be revising all materials including our website. We appreciate your patience during this transitional period.
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Compare Term Deposits

Non-Redeemable



The Non-Redeemable Term Deposit is right if you want a longer term investment with a great rate.



Term Length
  • 1 to 5 years
    • Minimum Investment
  • $500
    • Interest Options
  • Annual
    • Redeemable?
  • No
    • Plan Eligibility
  • Non-Registered
  • TFSA
  • RSP
  • RIF
  • RESP


    • Escalator



    The Escalator is right if you want rates to improve the longer you invest, while still having access to your funds.



    Term Length
  • 3 and 5 Year
    • Minimum Investment
  • $1,000
    • Interest Options
  • Annual
    • Redeemable?
  • Yes
  • On annual anniversary without penalty
    • Plan Eligibility
  • Non-Registered
  • TFSA
  • RSP
  • RESP


    • Rewrite



    The Rewrite is great if you want the best rate now, with the option to take advantage of any rate hikes in the future.



    Term Length
  • 2 to 5 years
    • Minimum Investment
  • $1,000
    • Interest Options
  • Annual
    • Redeemable?
  • No
  • Can be converted to a long term non-redeemable term of equal or greater term length
    • Plan Eligibility
  • Non-Registered
  • TFSA
  • RSP
  • RIF
  • RESP


    • 1 Year Cashable



    The 1 Year Cashable is right if you need access to your funds in the short term.



    Term Length
  • 1 year
    • Minimum Investment
  • $5,000
    • Interest Options
  • Annual
    • Redeemable?
  • Yes
  • After 30 days without penalty
    • Plan Eligibility
  • Non-Registered
  • TFSA


    • 18 Month Online Term



    The 18 Month Online is right if you want a great rate and you're digitally savvy.



    Term Length
  • 18 months
    • Minimum Investment
  • $1,000
    • Interest Options
  • Semi-Annual
    • Redeemable?
  • Yes
  • Every 6 months
    • Plan Eligibility
  • Non-Registered


    • SuperSaver - 18 Month Specialty



    The SuperSaver is right if you want a great rate but like having periodic access to your funds.



    Term Length
  • 18 months
    • Minimum Investment
  • $1,000
    • Interest Options
  • Semi-Annual
    • Redeemable?
  • Yes
  • Every 6 months
    • Plan Eligibility
  • TFSA
  • RSP
  • RIF
  • RESP
  • Non-Registered


    • SuperSaver Plus - Long Term Specialty



    The SuperSaver Plus is right if you want a great rate and the ability to access a portion of your funds each year.



    Term Length
  • 3, 4 and 5 years
    • Minimum Investment
  • $1,000
    • Interest Options
  • Annual
    • Redeemable?
  • Partially redeemable on anniversary
  • 3 year term deposit = 1/3rd per year
  • 4 year term deposit = 1/4 per year
  • 5 year term deposit = 1/5 per year
    • Plan Eligibility
  • TFSA
  • Non-Registered


    • US Dollar



    The US Dollar Term Deposit is right if you want to earn a better return on excess US Dollars.



    Term Length
  • 30 to 364 days
  • 1 to 5 years
    • Minimum Investment
  • $500
    • Interest Options
  • <365 days at maturity
  • >365 days Annual
    • Redeemable?
  • No
    • Plan Eligibility
  • Non-Registered