Investment Products

Guaranteed Investment Certificate (GIC)

A GIC is a safe, low-risk investment that functions similarly to a savings account. You deposit money into a GIC account, and that amount earns interest over time. The difference is, a GIC requires you to leave the money in the account for a specified period of time (a term) – if you elect to withdraw your funds before the term is up, you typically have to pay a penalty. Terms range from one to five years. The longer your term, the higher the interest available for you to earn. Upon completion of your term period, you receive the entire sum that you deposited, plus your earned interest.

Member benefits of GICs:

  • Peace of mind knowing that your interest rate is guaranteed
  • A range of terms to fit your investment needs
  • All funds are reinvested in our community as loans and mortgages
  • Invest in CAD or USD funds


Our highest interest rate for the term selected

Interest payment flexibility

Automatic renewal options

 Rate of Return

 Guaranteed for the term selected


 1 year to 5 years

 Minimum Investment

 $500 for adults
$100 for youth (under 18)

 Current Rates

 Click here to view the current GIC rates

Investment Shares

Investment Shares are an investment option that allows you to directly invest in WFCU Credit Union and earn a premium rate of return. The performance of WFCU Credit Union Investment Shares is a direct reflection of the strength, security, and sound financial management of the credit union. Since the inception of our first series of Investment Shares in 1997, WFCU Credit Union has paid a total of $23 million in planned annual dividends to investors.

Learn more about our Investment Share offering here.

Mutual Funds

WFCU Credit Union is committed to providing our members with access to investment options suited to their individual needs. More and more people are turning to mutual funds as a way to save for a secure financial future. Through our Avanti Investment Services team, or using one of our investing partners like Qtrade, you can purchase top quality mutual funds with names you’ll recognize, including:

  • Fidelity Investments Canada ULC
  • Mackenzie Investments
  • CI Investment Services Inc.
  • IA Clarington Investments Inc.
  • Franklin Templeton Investments
  • Dynamic Funds
  • NEI Investments
  • Manulife Mutual Funds

Responsible Investing

Our Avanti Investment Services team are accredited specialists in responsible investment solutions, and we are pleased to offer a series of Environmental, Social and Governance (ESG)-focused products through NEI Investments. Invest with purpose and peace of mind knowing you’re supporting companies with transparent reporting practices that are focused on environmental and social causes.

Stocks and Bonds

A diversified portfolio should include a broad mix of investments to reduce your overall risk profile. At WFCU Credit Union, our members have access to a number of investment vehicles, including:

  • Money market instruments, including Government of Canada Treasury Bills, Canada Savings Bonds (CSBs), and a variety of corporate issuers
  • Fixed income securities, such as bonds issued by governments, government agencies, high-quality corporations, and mortgage-backed securities
  • Equities listed on Canadian and U.S. exchanges
  • Trust units (income, real estate, and business trusts)
  • Shares of approved Canadian Controlled Private Corporations, and Initial Public Offerings

Financial Services Regulatory Authority (FSRA)

Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA).  Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA).

For more information on deposit insurance, please click here.