Your investment needs are covered at Legacy Savings. We offer a full range of Term Deposits with terms from 60 days to five years. You can choose 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)
Save for retirement and plan for the future. Whether you prefer to invest once a year or you prefer saving a little bit at a time, we can help. There’s no need to wait for RRSP season to invest – our RRSP investment services are available year round. Pre-arranged bi-weekly or monthly funds transfers are available to help grow your contributions easily throughout the year. RRSP loans can help you save for retirement while deferring taxes today.
Choose flexible terms and options to suit your savings objectives. A variable rate RRSP offers 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 better suit 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 71. 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.