DUCA Credit Union(Agent)
Deposit insurer:
DICO-All insurable non-registered deposits are covered up to $250,000. Insurable deposits in registered accounts have unlimited deposit coverage
Minimum deposit:
$5,000
Term (years):
1 -5 Years
Interest payment options:
Annual
Compound Annual
Deposit Bands:
$5,000, $25,000
How are cheques with J.T.W.R.O.S worded:
And/Or
Rate reduction from annual rate:
None
GIC maturing on anniversary date/business day:
Advanced to next business day on request
Interest payment method:
Cheque or EFT
Transferable:
No
Assignable:
No
Redeemable before maturity:
No - Hardship redemptions at discretion of issuer
GICs cashable/transferable upon death:
Yes
Documentation required for estates:
Proof of Death, Letter of Direction, Notarized copy of a will
Fee / penalty for estate redemption:
No
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