Fixed Deposits or Term Deposits are offered for your convenience and benefit.
With as little as $500.00 one can open a Term/Fixed Deposit Account.
Interest rates are guaranteed for a period of one year, in accordance with the following schedule:
NEW BUSINESS – FIRST TIME FIXED DEPOSITORS ONLY
Amount                   Interest Rate
Deposit Amount (1 year term)Â Â Â Â Â Â Interest Rate
Below $5000Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
$5,000 – $29,999                      Â
$30,000 – $49,999                    2.5%
$50,000 – $99,999                      Â
$100,000 – $999,999                  4.0%
$1,000,000 and Over                  4.25%
Platinum fixed deposit
Deposit Amount (2 year term)Â Â Â Â Â Â Â Interest Rate
$500,000 and Over                         Â
- Minimum investment period is 12 months.
- Term deposits could be arranged for an extended period; up to five (5 ) years.
- Fixed/Term Deposits can be used as collateral for loans.
- All quotations are in Eastern Caribbean Currency.
Mon Repos Credit Union- Certainly a Safe Place to Invest