Investments & Registered Products

Term Deposits

Cypress Credit Union offers a variety of options for investing your RRSP. As with all deposits at the Credit Union there is a full guarantee of all deposits through the Deposit Guarantee Corporation. For your convenience we keep you advised of investment maturities and interest payments.

Investment Options

Non-Redeemable Deposits

Redeemable Deposits

Short terms offered 30 - 364 days

Terms from 12 - 60 months

Long term from 12 - 60 months

Guaranteed rate of return

Guaranteed rate of return

Redeemable at anytime (early penalty applies)

Should be held to the expiry


All terms will automatically renew for a like term upon maturity unless otherwise specified by the member.

Registered Retirement Savings Pland (RRSP)

Cypress Credit Union Trust offers a wide array of products including mortgages and depositsCypress Credit Union offers a variety of options for investing your RRSP. As with all deposits at the Credit Union there is a full guarantee of all deposits through the Deposit Guarantee Corporation.

A Registered Retirement Savings plan is a government approved plan that allows you to save money for your retirement. During your peak earning years you can invest to build your retirement fund while saving money on your taxes. Interest earned on these savings is not taxable until the funds are withdrawn. Any interest earned is compounded and the growth of an RRSP increases rapidly over the years.

Anyone who has "earned income" subject to Canadian taxation, including non-residents, may contribute to an RRSP. You can also make a part of or all of your contribution to a plan in your spouse's name. You as the contributor still benefit from the tax deduction. Limits to RRSP contributions are based on "earned income" of the previous year. You can also carry forward any unused portions.

RRSP Options

RRSP Variable Plan

RRSP Variable plan ensures that your investment keeps pace with current interest rate trends. Interest rates are reviewed and adjusted regularly, giving you very competitive rates on your investment. This savings plan allows you to make deposits as often as you like. This product is redeemable and accessable to you at any time. Take advantage of deferred tax savings and enjoy the flexibility of transferring a minimum of $500.00 to a fixed plan at anytime.

Credential Securities


Our Partner in Wealth Management

Your money is important to you, and it’s important to us too. That’s why we’ve partnered with Credential, a leader in the area of wealth management and the investment provider of choice for Canadian Credit Unions and their members.

Credential advisors can be found providing investors with the expert advice and guidance on growing and protecting their money.

Here at Cypress Credit Union, we offer investors access to the following Credential Services:

  •  Advice investing in stocks, bonds, mutual funds and other investment options

  • Online brokerage for self-directed investors

For more information on Credential, talk to our in branch Wealth Consultant.

Kerry Maynes

Kerry Maynes, FMA, CFP

Investment Advisor

Credential Securities Inc.

Ph: 306-662-3450


IIROC AdvisorReport

Mutual funds, financial planning and other securities are offered through Credential Securities Inc. and Credential Direct, a division of Credential Securities Inc., which operates as a separate business unit. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual funds, other securities and cash balances are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. Mutual funds and other securities are not guaranteed, their values change frequently and past performance may not be repeated. Credential Securities Inc. is a Member of the Canadian Investor Protection Fund. ®Credential, Credential Securities and Credential Direct are registered mark owned by Credential Financial Inc. and are used under licence.