Divers going deep into an underwater cave

The Coast Escalator is like

Scuba Diving

For those who want to dive into investing with rates that increase over time.

Want a solid investment growth with the flexibility to redeem your money? Try the Coast Escalator term deposit.

Featured Escalator Investments

18-Month Redeemable Escalator

UP
TO

5.75%*

Offer expires 5PM, August 31st, 2023

Boost your investments with this unique product that will increase its rate every 6 months. The first 6 months are 4.10%, next 6 months are 5.00%, and the final six months are 5.75%.

Call today to get started:
604-740-2662

Book Appointment

3-Year Redeemable Escalator

UP
TO

5.25%*

Offer expires 5PM, August 31st, 2023

Boost your investments for 3 years with this escalating product that will increase its rate each year. The first year is 4.50%, second year is 4.70%, and the final year is 5.25%.

Call today to get started:
604-740-2662

Book Appointment

Why choose a Coast Escalator?

Some reasons you might choose an escalator term deposit over a locked non-redeemable term deposit include:

  • Potential for higher returns: With an escalator term deposit, you have the opportunity to earn a higher rate of interest as the term of the deposit progresses.

  • Option to make additional deposits: Depending on the terms of the escalator term deposit, you may have the option to make additional deposits during the term, which can help you grow your savings. Learn more here.

See More Rates

Wish your escalator started at the best rate? Now available for a limited time, introducing the 3-Year

Reverse  Escalator

Get the best rate for the first year, starting at:

6.15%*

Why wait for the best rate? Invest in this unique, 3-year, non-redeemable, de-escalating term deposit to get the best possible rate in year one. Each year on the 1-year anniversary of your initial deposit, the rate will change. The first year starts at 6.15%, the second year is 4.80%, and the final year is 4.05%.

This product, a result of popular demand from you, our members, is only available for a limited time!

Call today to get started:
604-740-2662

Book Appointment
We keep your money safe.

Deposits are 100% insured by the Credit Union Deposit Insurance Corporation of British Columbia (CUDIC). To find out more about this coverage, visit the CUDIC website or ask us for more details.

TERMS & CONDITIONS

  • This page features limited time offers.
  • 18-Month Escalator – For the promotional rate of 5.75%, a minimum deposit of $15,000 is required and deposits must be new funds to SCCU. Interest rate from the first 6 months is 4.10% and the next 6 months is 5.00%. Average rate over the complete term is 4.95%. 
  • 3-Year Escalator – For the 3rd year promotional rate of 5.25%, a minimum deposit of $15,000 is required and deposits must be new funds to SCCU. Year 1 is 4.50%. Year 2 is 4.70%. Average rate over the three-year term is 4.82%. 
  • 3-Year Reverse Escalator – For the first year promotional rate of 6.15%, a minimum deposit of $15,000 is required and deposits must be new funds to SCCU. Year 2 is 4.80%. Year 3 is 4.05%. Average rate over the three-year term is 5.00%.
  • Products, features and rates are subject to change without notice. In the event of a discrepancy between the rates posted on this website and the official rates posted in our branches, the latter shall prevail.
  • New funds are defined as any new funds deposited in the last 30 days. Funds that have left SCCU and returned within the 30 days are not considered new funds.
  • All Special terms may be removed without notice. Rate request can hold rates for up to 7 days