Fixed Deposits

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:

Amount                                     Interest Rate

Below $5000                                         1.5%

$5,000 – $29,999                                2.0%

$30,000 – $49,999                              2.5%

$50,000 – $99,999                              3.0%

$100,000 – $999,999                          4.0%

$1,000,000 and Over                           4.25%

  • 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

 

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