Whether you’re just beginning to save, saving for your first home, saving for your child’s education, or planning for retirement, we have a range of competitive investment solutions to help you reach your financial goals.
And when you make deposits with CUA, we invest in local businesses and organizations that create positive impact. That investment comes back to all of us in the form of a stronger economy and a vibrant, more prosperous community.
Choose from the following investment options:
Guaranteed Investment Certificates (GICs)
GICs provide secure, worry-free investing for short or long term funds, with terms ranging from 30 days to 5 years.
Options:
Redeemable GIC
Commercial Redeemable GIC
Short-Term Non-Redeemable GIC
Long-Term Non-Redeemable GIC
Tax-Free Savings Accounts (TFSAs)
You can save or invest money without paying tax on the income it earns and withdraw it tax-free at any time.
Features:
Contribute up to $7,000 per year
Tax-free savings on withdrawals made or income earned
Registered Retirement Savings Plan (RRSP)
RRSPs, with careful long-term planning, can help you accumulate enough savings to truly enjoy your retirement years.
Features:
Index Linked term deposits
Variable RRSPs
Fixed term RRSPs
Convenient monthly RRSP deposits
First Home Savings Account (FHSA)
Made available by the Federal Government in 2023, a FHSA is a registered plan product meant to help first-time home buyers save up to $40,000 for the purchase of a home.
Features:
Contribute up to $8,000 per year
FHSA contributions are tax-free up to $40,000
Tax-free income & more
Term Deposits
Like investing with a safety net, with CUA's Index-Linked Term Deposits, you are not only guaranteed your principal investment, but you have unlimited potential returns.
Features:
Principal protections
Provincial deposit insurance
RRSP and TFSA eligible
No fees or commissions
Mutual Funds
Mutual funds combine the benefits of diversification and professional management with affordability for the average investor.
Features:
Over 1,500 different options
Customizable plans
Registered Education Savings Plan (RESP)
Prepare today for your child’s future university or college education by starting an RESP.
Features:
Tax free investments
Government approved
Registered Disability Savings Plan (RDSP)
Do you or a loved one have a disability? A RDSP could be your pathway to a financially secure future.
Features:
Tax-sheltered savings plan
No annual contribution limit
Eligible for up to $90,000 in government contributions
Registered Retirement Income Fund (RRIF)
A RRIF is a flexible retirement income option and is best suited to people who want to make their own decisions regarding their retirement income.
Features:
Variable and Fixed Rate Plans available with fixed terms from 1 to 5 years
Secure investment with principal and interest guaranteed
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