Elevate Your Savings with Our Exclusive Fixed Deposit Solutions

Embark on a journey of financial growth and stability by opening a Fixed Deposit with TACU Arima Credit Union. Our Fixed Deposits offer a secure and lucrative avenue for you to watch your savings flourish. Here's how you can take the first step towards securing your financial future.

Fixed Deposit promotional material showing competitive rates and benefits

Fixed Deposit Rates

Our competitive rates are structured to reward larger deposits and longer terms, giving you the best return on your investment.

Competitive Fixed Deposit Interest Rates
Investment Amount1 Year2 Years3 Years
$1,000.00 - $25,000.001.00%1.25%1.50%
$25,001.00 - $50,000.001.25%1.50%1.75%
$50,001.00 - $100,000.001.75%2.00%2.25%
$100,001.00 - $500,000.002.25%2.50%
2.75%BEST

Requirements To Open a Fixed Deposit

To get started with your Fixed Deposit, please ensure you have the following documentation ready for a smooth application process.

1
Valid Identification

Ensure a smooth application process by providing two forms of valid identification.

2
Recent Utility Bill

Confirm your current address with a recent utility bill, demonstrating your residence.

3
Source of Funds Declaration

Transparency is key. Complete the Source of Funds Declaration form to let us know the origin of your funds.

Key Features

Our Fixed Deposit offers features designed to maximize your savings and provide flexibility for your unique financial goals.

Interest Payment Flexibility

Choose how you want to receive your returns – semi-annually, annually, or on maturity, providing you with the flexibility you deserve.

Investment Range

Start your Fixed Deposit journey with an investment as low as $1,000.00 up to a maximum of $500,000.00, and lock in your funds for up to three (3) years.

Competitive Interest Rates

Watch your money grow with interest rates ranging from 1% to 2.75%, ensuring that your investment works hard for you.

How Fixed Deposits Work

Understanding the Fixed Deposit process helps you make informed decisions about your investment.

1

Application

Complete an application form and provide the required documentation

2

Deposit Funds

Deposit your chosen amount (minimum $1,000) into your new Fixed Deposit account

3

Term Selection

Choose your preferred investment term: 1, 2, or 3 years

4

Earn Interest

Watch your investment grow with our competitive interest rates

Benefits of Fixed Deposits

Safe and Secure

Fixed Deposits offer guaranteed returns with minimal risk, making them one of the safest investment options available. Your principal amount is protected throughout the term.

Predictable Returns

Unlike market-linked investments, Fixed Deposits provide predictable returns. You know exactly how much interest you'll earn over the term, making it easier to plan your financial goals.

Enforced Discipline

Fixed Deposits encourage savings discipline by locking in your funds for a specific period. This helps you avoid the temptation to spend and build wealth systematically.

Financial Stability

A Fixed Deposit provides a financial cushion you can rely on at maturity. It's an excellent way to save for specific goals like education, retirement, or major purchases.

Frequently Asked Questions

Ready to Grow Your Savings?

Take the first step towards financial security today. Our Fixed Deposit solutions offer competitive rates, flexible terms, and the peace of mind that comes with a secure investment.