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
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 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 2.0%
$5,000 – $29,999                                          2.5%
$30,000 – $49,999                                       3.0%
$50,000 – $99,999                                        3.5%
$100,000 – $999,999                                   4.5%
$1,000,000 and Over                                     4.75%
- 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