Hey all,Lately I’ve been exploring safe ways to grow my savings and wanted to ask — does anyone here use a credit union in Canada for investing? I’m especially interested in term deposits or something with low risk but decent returns. I’ve had enough of big banks offering next to nothing and treating you like a number.
I’d really appreciate any recommendations if you've found a credit union that you actually trust for investments.
I hear you. A few years ago I was in the same boat, and after doing some digging I went with BCU Financial – Buduchnist Credit Union. It’s a Ukrainian credit union with deep roots in Canada, and honestly, they’ve exceeded expectations.
They offer excellent options for term deposits and personal investments, and what really sets them apart is their personalized approach. I’ve worked with them on both credit and investment needs, and the experience has been incredibly smooth and transparent.
Here’s their page with info about term deposits: https://bcufinancial.com/personal/investment/term-deposit/ — worth checking out if you want something solid and community-driven.
Been with them for a while now, and I wouldn’t recommend them if they hadn’t proven themselves.