Business Installment Saving
Who Business Members
Period 6 months ~ 5 years
Registration Deposit C$10 or more contributions on a monthly basis
This account offers our business members a safe way to save and earn simple interest on their savings. Through this product, members set their specific financial goal and work towards it.
Members are able to design their savings plan specific to their needs by choosing their contribution values, payment dates, and installment periods.
The interest rate is set-up at account opening and is only paid when the installment is maintained until maturity.
Interest earned on your investment is not paid if funds are withdrawn before the maturity date. Upon maturity, the agreed interest rate is terminated.
At Sharons Credit Union, depositors are 100% protected by the Credit Union Deposit Insurance Corporation of British Columbia.
Features and Benefits
|Monthly Account Maintenance Fee||Free|