RRSP’s remain a great way to save for your retirement, and no better time to start than right now!
Contributions are tax deductible and we have both fixed rates and variable rates.

Term Deposit

Watch your investments grow with the safety and security of a RRSP term deposit. Various term lengths available to suit your needs. Best of all, the rate is guaranteed, so that you know in advance what your investment will be worth at maturity.


  • Competitive rates and fully guaranteed.
  • Investment options from 1 to 5 years.
  • Term information and activity is recorded on a descriptive monthly statement along with your other accounts.
  • Terms are non- redeemable
  • For more information, please call Devron Jakeman, Wealth Consultant 204-937-6557.

RRSP, RRIF and TFSA Account Holders:

“Your designation of beneficiary by means of a designation form will not be revoked or changed automatically by any future marriage or divorce.  Should you wish to change your beneficiary in the event of a future marriage or divorce, you will have to do so by means of a new designation.”  If you have any questions, please contact your branch.



Rate Hiker

Rate Hiker offers you the ability to boost your interest if rates rise and it protects you should the rates fall.  Rate Hiker gives you peak performance.  For more information, please call Devron Jakeman, Wealth Consultant 204-937-6557.


  • Available for registered and non-registered investments.
  • Available in a 3, 4 or 5 year non-redeemable term.
  • An option exists to select an interest rate that is equivalent to the remaining term of the deposit. This option may be exercised twice at any time during the term.
  • Interest is calculated on the daily closing balance and is paid December 31st of each year and on the maturity date.


A LIRA  (Locked-in Retirement Account) represents restricted funds that have been transferred from a Pension Fund to an RRSP.


  • Available as variable rate or fixed rate deposits, just like RRSP’s.
  • Can only be withdrawn by conversion to a LIF (Life Income Fund) or purchase annuity.


© Copyright Catalyst Credit Union - 2014