Copyright PACE Credit Union now part of Alterna Savings 2023

Term deposits are a great option, especially during uncertain times, because they guarantee the initial deposit's full value and offer a specified return on investment at the end of the set term. These low-risk investments can provide higher returns than a savings account. 

At PACE Credit Union, now Alterna Savings, we put our members first by keeping your money secure and making your savings work harder.

Benefits of a Term Investment

1 Eligible deposits are insured up to $250,000 through the Financial Services Regulatory Authorityā€¯

 2Click here for full Terms and Conditions

*Special promotional rate may be changed or withdrawn at any time without notice.  Existing term deposits cannot be broken to receive this offer.  Rate shown for annual interest.  Annual compound interest paid monthly or annually.  Minimum investment $500; Maximum investment $500,000.  Cashable upon maturity only.  Available to personal and non-personal accounts.  Due to local and proxy caching on Internet, please ensure that you are viewing rates as at the current day;s date.

Great investment
rate and great advice.
Grow your money risk-free.




Book an Appointment

*Terms and conditions apply

Great investment
rate and great advice.
Grow your money risk-free.


Competitive Rates

Credit Unions often provide lower costs, higher savings rates, and more personal service to their members because, unlike the banks, Credit Unions exist to serve their members needs.

Book an Appointment


Call 1-877-588-7223

Why Choose PACE?

At PACE we exist to meet the needs of our members, not to make profit from them. Credit Unions or co-operative banks, offer an alternative to traditional banks. Because co-operative banks exist to serve their members needs they are motivated to do whatever they can to assist a member.

Member Service

Convenient Scheduling

Use our online scheduling program to make an appointment that is convenient for you at your branch. You can check staff availability and arrange your appointment in minutes. It's that easy!

Better Protection than a Bank

Your insurable deposits are protected by FSRA, provides coverage of non-registered insurable deposits, such as a chequing or savings accounts, up to a maximum amount of $250,000, while deposits in registered accounts, such as RRSPs or TFSAs, have unlimited coverage.

Guaranteed Returns

Help balance risk in your portfolio with a guaranteed return1

Safety and Security

Offset the impact of market fluctuations on your investments

Flexible Options

Available in a variety of different terms and interest rates. For a limited time, earn 4.75% interest on a 1-year term deposit2