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Fixed-income · Canada

Meridian Credit Union

Limited-time offer
3.40%

per year · fixed rate

1-Year Term Deposit

  • Min. $5,000
  • CDIC coverage · Up to $100,000

Earn $850 every year on $25,000

That's $850 income every year — or compound your interest and earn $850 over 1 year, earning an extra No minimum over the course of your investment.

Simple interest (Income)

$850 Per year
$213 Per quarter
$850 Total interest
$25,850 Gross after 1 year

Compound interest (Growth)

$850 Year-one rate
No minimum Extra vs income
$850 Total interest
$25,850 Gross after 1 year

Get 3.40% now

Limited-time offer · Free enquiry · Callback within 2 business days

Age
Amount
When

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Why this rate hits different

3.40% locked in

Not a teaser. Not variable. $850/year on $25,000 while the rate holds — 1 year of certainty.

Up to $100,000 protected

Covered under CDIC coverage — your deposit protection, spelled out upfront.

Min. $5,000

Open with Meridian Credit Union direct. We connect you — they handle the account.

$25,000

You deposit

$850/yr

You earn (at 3.40%)

$25,850

Gross after 1 year (compounded)

Limited-time offer — Get it while you can!

Get 3.40% Now

At a glance

Type
Fixed bond
Term
1 year
Min. deposit
$5,000
Protection
CDIC coverage
Coverage
Up to $100,000
Region
Canada

Eligibility & details

  • Ontario credit union.
  • Membership may be required.
  • Verify rate and eligibility.

$850/year

On $25,000 at 3.40% AER.

3.40% fixed

Locked for 1 year. $25,850 gross with compounding.

Up to $100,000 protected

CDIC coverage · Meridian Credit Union.

Limited availability — Don't miss out!

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Chooselie is a comparison site, not a financial adviser. Rates and returns shown use a $25,000 example at 3.40% AER over 1 year (compounded annually).