PERSONAL
BUSINESS
Luminus Financial Banner Logo
MENU
Become a member

Term Deposits

A short-term commitment with big gains

Open An Account
INVEST IN YOUR FUTURE

A flexible option that responds to your changing needs

Step into a world of financial growth and security with Term Deposits from Luminus Financial. With a Term Deposit, your money not only stays safe but provides consistent and predictable growth, offering you a reliable and rewarding investment that can weather the changes in global markets with ease.

Term Deposit products

Short-Term Deposits

A secure investment option that offers a guaranteed return at competitive rates over a fixed term.
  • Terms available from 30 to 180 days
  • Interest rate guaranteed and paid at maturity
  • Redeemable prior to maturity
  • Minimum $500 deposit required
OPEN AN ACCOUNT
SEE OUR RATES

Long-Term Deposits

Whether you have specific financial goals or simply want to build a solid nest egg, our long-term deposit options offer the stability and growth potential you need.
  • Unlike mutual funds or stocks, which can go up or down, you are guaranteed a highly competitive interest rate.
  • You can use your term deposit within your RRSP.
  • Eligible deposits are insured by the FSRA up to $250,000 while registered deposits have unlimited coverage.
OPEN AN ACCOUNT
SEE OUR RATES

Escalator Term Deposits

A secure investment option with a guaranteed return at a competitive rate that increases annually over the length of your deposit.
  • Rates increase annually throughout your term
  • RRSP eligible
  • Interest compounded annually
  • Minimum $500 deposit required
OPEN AN ACCOUNT
SEE OUR RATES

Index-Linked Term Deposits

A secure investment option that offers a return based on the performance of the S&P/TSE 60 Index Funds.
  • Three- or five-year terms available
  • RRSP eligible
  • No service charges
  • Minimum $500 deposit required
  • Subject to availability
BOOK AN APPOINTMENT

Want to earn even MOR?

With the More Rewards Program (MOR), you could earn up to 0.25% EXTRA on your investments. Learn more and join the MOR program today!
I WANT TO EARN MOR

Are deposits insured with Luminus Financial?

For registered products including, LIRA, LIF, RRSP, RRIF, RESP, and TFSA:

Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA) of Ontario. Non-registered deposits are also insured up to $250,000 through the FSRA. For more information about deposit insurance, view the FSRA Deposit Insurance Brochure.

Ready to get started?

Become a member

Dear Members: In connection with the audit of the financial statements of Luminus Financial Services & Credit Union as at December 31, 2025 and for the year then ended, please review your statement. If it does not agree with your records, please report any differences directly to our auditors, MNP LLP: Bryn Hafer, bryn.hafer@mnp.ca, (416) 617-3074.

Luminus 75th Anniversary Logo
BANKING
BORROWING
INVESTING & INSURANCE
ABOUT LUMINUS

© 2023 Luminus Financial. All rights reserved. | View our Legal and Privacy Policy pages.

Skip to content