Business and Community Investment Solutions

Term Deposit/GIC

A Term Deposit or Guaranteed Investment Certificate (GIC) is a secure investment that guarantees to preserve your principal and your investment while earning interest at a fixed rate.


Portfolios utilizing Mutual Funds

Mutual Funds are available to Kingston Community Credit Union members through our partnership with Aviso Wealth.

Qtrade Direct Investing®

Confidently buy & sell stocks, bonds, ETFs and mutual funds with low trading fees.

Working with a Wealth Advisor

Our Aviso Wealth Mutual Funds Investment Specialists will meet with you to discuss your investment options and create a personal plan that will help you meet your financial goals.

Need a Reserve Fund for your Business or Organization?

A reserve fund is a savings account or similar highly liquid asset used to set aside funds by a business or organization to meet future costs or financial obligations.  The funds set aside may be used to cover scheduled, routine, and unscheduled expenses that would otherwise be drawn from a general fund. 

Benefits of setting up a reserve fund:
  • Easy access to funds in an emergency
  • Separates operating funds from special purpose funds
  • Helps avoid using credit and incurring interest costs
  • Generates income on savings
  • Enhances financial security by providing a safety net against unexpected expenses, financial shocks or downturns
  • Safeguards against unforeseen events, such cash flow problems, emergencies, or significant repair costs
  • Provides flexibility in decision making
  • Enables long-term planning

Although the fund size may vary, the typical goal is to deposit funds regularly in an account that accrues interest, thereby increasing the fund’s value while not in use. Because expenses may arise unexpectedly, a reserve fund is typically kept in a highly liquid account, such as a savings account.

KCCU has many options to keep your business or organization’s reserve funds separate, safe, and earning income. 

Speak with one of our Account Managers for more information on how to set up your reserve fund.

* *Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual funds, other securities and cash balances are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. Mutual funds and other securities are not guaranteed, their values change frequently and past performance may not be repeated.

**Online brokerage services are offered through Qtrade Direct Investing. Mutual funds and other securities are offered through Aviso Wealth. Qtrade Direct Investing and Aviso Wealth are divisions of Aviso Financial Inc.


At Kingston Community Credit Union, eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA). Eligible deposits (not in registered accounts) are insured up to $250,000 through FSRA.

Learn more about deposit insurance here

A third party is an individual or entity, other than the account holder or those authorized to give instructions about the account, who directs what happens with the account. For example, if an account were opened in one individual’s name for deposits that are directed by someone else, the other person or entity would be a third party.

  • A secondary piece of identification from the primary list above
  • Canadian Birth Certificate
  • Credit Card bearing the name and signature of the individual which has issued by a well-known and reputable Canadian financial institution
  • A CNIB (Canadian Institute for the Blind) client card bearing the individual’s photo and signature
  • Provincial Outdoors Card
  • Canadian University or College Student Card with photo (for student identification only)
  • An employee identification card (with photo) issued by an employer that is well known in the community (i.e. KGH, DND, Queens University, Corrections Canada, etc.)
  • Foreign passport
  • Canadian Passport
  • Permanent resident card
  • Citizenship card (issued prior to 2012)
  • Secure Certificate of Indian Status issued by the Government of Canada
  • Driver’s licenses issued by province or territory
  • The DND (Department of National Defense) 404 driver’s license
  • Nexus Card issued by Canada Border Services Agency
  • Provincial Service Cards
  • Provincial or territorial identity cards (i.e. Ontario Photo Identification Card)
  • Foreign Passport (only if it is equivalent to a Canadian issued photo identification document)