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Our market leading 3-year Escalator GIC is a great option when looking for a short to medium-term investment with the flexibility toaccess funds periodically, should your needs change. Your money is safe and secure and 100% GUARANTEED and you benefit from increasingrates every year when you choose to maintain your investment. Redeemable every year with no penalty. You can redeem annually on the investment anniversary, providing you with flexibility, should your needs change over the term of the GIC. Security and peace of mind. Principal and return are guaranteed. $5,000 minimum investment required. All investments are 100% Guaranteed (no maximum).
Interest Payment
Quarterly interest of 2% for balances over $10,000 and 1.5% for balances below $10,000 were paid to savings accounts on 31st October 2019. We have maintained this ultra competitive rate since it was introduced in November 2017!
2019 Profit Sharing
TransCanada Credit Union is pleased to announce our profit sharing strategy for the 2019 financial year.
Our total profit sharing pay out for 2019 will be $34,397.05 and will be distributed as follows:
- Common Share Dividend of 4.00%
The dividend was paid on the 10th January 2019 - Common Share Dividends will be paid to Common Share accounts, unless you are already at the $3000.00 maximum, in which case the dividend will be paid to your savings accounts.
You are a member of an award winning credit union!
TransCanada Credit Union was the recipient of the 2018 Alberta Central Performance Excellence Award for the Best Loan and Deposit Growth of all of the Peer Group 3 Credit Unions in Alberta. This is the second time in 4 years that we have won the award! A massive thanks goes out to you, our members, as without you we would not receive this recognition.
Check out www.ownitalberta.ca
Alberta Central Credit Union have just launched a fantastic new awareness campaign for Alberta Credit Unions. This provides excellent information about 'what is a Credit Union?' and the benefits of dealing with a Credit Union. Check out their new site at: