Ultimate GIC

Featuring one of the best rates around, our 1-year investment account will boost your savings to new heights! Grow your savings with a massive guaranteed interest rate of 4.25% on all new deposits. Plus, your Ultimate GIC is RRSP, RESP, TFSA and RIF eligible!

Grow Your Savings With Luminus

Save Money – Guaranteed.

With a GIC (Guaranteed Investment Certificate), the money you deposit will grow over time, without fluctuation. This means that with our fixed 4.25% interest rate, the growth of your 1-year GIC investment is a sure thing – no risks, no guessing.

Young coupe buying their first home with extra savings that grew with a Luminus Ultimate GIC

What is a GIC?

A GIC – or “Guaranteed Investment Certificate” – is a low-risk investment that guarantees a rate of return over a fixed period, typically between 1-5 years. When you invest your money in a GIC, you’re investing in a safe and secure savings method that will help you reach short and long-term financial goals whether it’s for a major purchase, the trip of a lifetime, to start your own business, whatever! 

Looking for even more rates?

3-Year Fixed
Term Deposit

  • Minimum $500 Deposit
  • RSP, RIF, and TFSA Eligible
  • FSRA Deposit Insured

4-Year Fixed
Term Deposit

  • Minimum $500 Deposit
  • RSP, RIF, and TFSA Eligible
  • FSRA Deposit Insured

5-Year Fixed
Term Deposit

  • Minimum $500 Deposit
  • RSP, RIF, and TFSA Eligible
  • FSRA Deposit Insured

For a full list of available rates, click here

Your Neighbourhood Credit Union
For Over 70 Years

A Trusted Financial Partner

Since 1951, Luminus Financial has proudly served the Toronto and Weston communities, providing daily banking services and accounts to thousands of Member-Owners just like you. 

We call them Member-Owners because when you join Luminus, you become a co-owner in the credit union, able to provide feedback and even vote on the decisions and directions we take. We also share or successes with our Member-Owners in the form of dividends paid out each year.  Learn more about us, or stop by for a visit. We’re right down the street!

Luminus Financial Hub

It's time to boost your savings.

 A one-year term deposit is a cash investment account that pays a fixed rate of interest on a principal sum over a 12-month period. Your entire investment is guaranteed so your savings can only go up! To get started, simply visit one of our branches, call us, or email us. One of our Service Representatives will be happy to assist you!  

Are you a phone person? Call us at 1-877-782-7639

In fact, Investment Shares are the perfect pairing for many of our products and services, giving you access to preferred discounts and investment bonuses on our most popular products and services.

Mortgages + Investment Shares

Pair Luminus Investment Shares with your new or renewing mortgage and take advantage of reduced mortgage rates of up to 0.25%.

Investments + Investment Shares

Make Investment Shares part of your overall portfolio and boost your investment rates by up to 0.25%. Plus, Investment shares are RRSP eligible!

Personal Loans + Investment Shares

Take that next step with confidence that you are getting the lowest possible rate by pairing your personal loans with Luminus Investment Shares.

Invest more, benefit more.

Value of owned Investment Shares or Membership Shares

$1,000 to $10,000

$10,001 to $25,000​

$25,001 to $50,000

$50,001 and over​

Discount or Bonus from Posted or Campaign Rate

0.10% annually​

0.15% annually​

0.20% annually​

0.25% annually​

Value of owned Membership Shares/Investment Share and associated discount/bonus from posted or campaign rates

$1,000 to $10,000 > 0.10% annually

$10,001 to $25,000 > 0.15% annually

$25,001 to $50,000 > 0.20% annually

$50,001 and over > 0.25% annually

Level up even MORE.

When you invest in Luminus Investment Shares, you are investing in Luminus Financial as a company. The Member-Owner Rewards Program (MOR) is a unique way that we can reward members who invest in the strength of our credit union. 

Investment Shares make up an important portion of Luminus Financial’s capital base that allows us to invest more in products and services that benefit our member-owners and community. As a Credit Union Member-Owner, you have the opportunity to purchase Investment Shares and realize an excellent rate of return while helping build the Credit Union’s base for future growth. 

When you purchase a minimum of $1,000 in Luminus Investment Shares or Membership Shares, you become a MOR Rewards member with access to preferred investment rates, member-only perks, and special discounts on loans and services.

Learn More about the MOR Program.