Investment Products & Services

Term Deposits | Alberta Plus Savings | RRSPs | RRIFs | 100% Deposit Guarantee

Term Deposits

A full range of Term Deposits are available with terms ranging from 60 days to five years. Choose from redeemable and non-redeemable options. The minimum deposit for non-redeemable terms is $1,000 while the minimum deposit for redeemable terms is $2,500.

Alberta Plus Savings

Saving money has never been so easy! Each fall, we offer the Alberta Plus Savings Account as an alternative to purchasing Canada Savings Bonds. With the Alberta Plus Savings Account, your minimum investment can be as little as $100 and you can take advantage of our pre-authorized transfer option where your ongoing investment can be as little as $20 a month.

Registered Retirement Savings Plan (RRSP)

Legacy offers you a variety of ways to save for retirement and plan for the future. Each savings option has been designed to meet your needs.

Maybe you like to invest once a year, or perhaps you prefer to save a little bit at a time. We can debit a pre-specified amount from your account bi-weekly or monthly. You can set up an RRSP or add to your current RRSP investment at any time. There is no need to wait until RRSP season if you are ready now.

Many of us simply cannot save as much as we would like for our RRSP's. If you fit in this category, our RRSP loans will help you save for retirement while deferring taxes today.

We offer flexible terms and options to suit your savings objectives. A variable rate RRSP ensures that you have immediate access to your funds at any time. Funds are not locked in and interest is calculated on your daily closing balance and paid semi-annually.

If you prefer greater stability in rates, Legacy Savings' Fixed Rate RRSP's may be better suited to your needs. Terms range from 90 days to five years.

Registered Retirement Income Fund (RRIF)

A Registered Retirement Income Fund is an ideal investment vehicle once you retire. A pre-specified amount is paid to you every month or once a year while the remaining investment in the RRIF continues to be sheltered from taxes. RRIF's must be purchased before the end of the year in which you turn 69. Terms range from 1 to 5 years.

100% Deposit Guarantee

With all the different savings and investment options offered at Legacy Savings, you'll be building a nest egg for the future that you can feel secure about.

Legacy Savings offers you unbeatable peace of mind with a 100% Deposit Guarantee on all your deposits including earned interest. Deposits are guaranteed by the Credit Union Deposit Guarantee Corporation.