Investments - Lake View Credit Union - 2007 - Providing Savings accounts, Mortgages, Retirement Planning, in Dawson Creek, Chetwynd and Tumbler Ridge

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If you’re looking for a secure investment to add to your portfolio, term deposits with Lake View Credit Union will help you earn a good return on your money without facing many of the risks inherent in other investments. Our range of products are designed to be flexible and competitive to meet your specific needs - terms from 30 days to 5 years, redeemable or non-redeemable, compounding or non-compounding, automatically renewed or not, and your choice of interest payment frequencies (annually, semi-annually, quarterly, or monthly)

In addition to our standard term deposit offerings, we sometimes have term deposit specials. These specials will likely come at specific times during the year and often feature rates higher than those posted as well as cashability or reinvestment features.

Don’t forget that funds that you deposit with Lake View Credit Union are kept in our area to be invested into our communities. Additionally, the Credit Union Deposit Insurance Corporation of British Columbia, a government corporation, protects all credit union depositors up to $100,000 per "separate deposit"*

*As defined by regulation

Lake View Credit Union offers a range of investment options to suit your needs. From Term Deposits and GICs and other products, we have an investment product to get your money growing.

Term Deposits

Term Deposits - 30 day to 5 years
Cashable / Early Redemption
Minimum Deposit $1000
Interest paid annually or at maturity
Interest paid semi-annually is 1/8% less than the annual rate
Interest paid monthly is 1/4% less than the annual rate

Registered Plans

Registered Retirement Savings Plan (RRSP)
Registered Retirement Investment Funds (RRIF)

Our registered plans have the following requirements:

Issue tax receipts
No administration fee

At Lake View Credit Union, depositors are protected up to $100,000 by the Deposit Insurance Corporation of British Columbia.

Qtrade

Qtrade Investor is a division of Qtrade Securities Inc., member IDA and CIPF.

Online Brokerage Services

At Lake View Credit Union our mission is to build relationships to help our members achieve their goals. We fulfill this mission by offering only the best in our complete line of financial products and services. That is why we have partnered with Qtrade Investor, Canada's leading independent online brokerage, to bring you online investing at its best.

Qtrade Investor offers members quick and easy access to a wealth of investing resources, including free real-time quotes, advanced charting, news, research and more. By opening a cash, margin, registered account you will be able to access a full range of investment choices, including stocks, bonds, mutual funds, options and money market instruments at competitive rates, all delivered with superior customer service.

Once your account is set up, you will be able to easily transfer funds between your trading account and your Lake View Credit Union chequing account. All this plus online equity trades starting at $9.95 for active traders and $19.95 for regular investors!

The Lake View Credit Union Mortgage

Lake View Credit Union is pleased to announce some new developments for those applying for a mortgage. We provide both open and closed mortgages (drop by for the latest rates) and now the closed mortgage will allow you to prepay up to 25% of the original principal one time per calendar year. Most banks only allow you to pay down 20% so that savings alone can save you thousands in interest.

You can also increase your monthly payment up to 150% of the original payment once per year. Again, most banks restrict this to 100%.

When buying a home, Lake View Credit Union doesn’t require a survey certificate and does not charge a CMHC application fee. More great reasons to be apart of Lake View Credit Union!