Investment Options

Types of RRSP Investments

Ask about investment options for RRSPs at Kingston Community Credit Union. You will see a variety of investment options that offer ways for you to ensure additional future income and a financial cushion in retirement. Choose the RRSPs that suit you best:


Variable Rate RRSP Savings Account

A Variable Rate RRSP Savings Account is an open (no term) RRSP that does not require an initial lump sum deposit. This type of RRSP ensures that your investment keeps pace with current interest trends. Interest rates are reviewed and adjusted regularly so that you benefit from the most competitive rate. These are ideal for those wishing to set up an RRSP but are not sure which investment vehicle to use or if you do not have the minimum requirements for other investment types. Variable RRSPs work great with pre-authorized transfers to your RRSP on payday.


Fixed Rate GICs

A Fixed Rate GIC RRSP provides the security of knowing your rate of return is guaranteed for a fixed period of time. You can choose the term that best fits your plans.

General Terms


Mutual Funds

Mutual Funds* are available to Kingston Community Credit Union members through our partnership with Credential Asset Management Inc.

A Credential Asset Management Inc. Mutual Funds Investment Specialist can provide you with the opportunity to purchase over 4,000 quality mutual funds with names you'll recognize like AIM Trimark, AGF, CI, Fidelity, Franklin Templeton and Mackenzie to name a few.

Contact a Credential Asset Management Inc. Mutual Funds Investment Specialist at KCCU to see if mutual funds are right for your investment portfolio. For more information on your investment options, visit


Investment Comparison Chart


 Variable Savings Account

 Fixed-Term GICs

 Mutual Funds*


  • Variable rate of interest
  • Immediate access
  • No minimum investment   RRSP by payroll available to build your contributions automatically
  • Our highest guaranteed interest rate
  • Guaranteed principal and interest
  • Terms from one year to five years
  • Professionally managed
  • Principal and returns not guaranteed
  • Potential for diversification
  • Invest in the over 4,000 Funds


  • Allows you to begin... NOW!
  • ALL funds reinvested into our Community
  • Easy to manage
  • Guaranteed return ALL funds reinvested into our Community
  • You choose the fund(s) that matches your objectives
  • Potential for greater returns
  • Redeemable at any time (fees may apply)


 Short Term

1 to 5 Years

 Short term or long term to suit your financial objectives

Minimum Investment

 No Minimum


 $500 or $50 per month


 Can be re-invested into a Fixed-term or Mutual Fund after achieving a $500 balance

 At maturity

 Redeemable anytime
(Fees may apply)

RRSP Loans

   RRSP Loans as low as prime!
Let us show you how it can pay to borrow for your RRSP contribution.










*Mutual funds are offered through Credential Asset Management 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 fund securities and cash balances are not guaranteed and are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. Their values change frequently and past performance may not be repeated. Using borrowed money to finance the purchase of securities involves greater risk than purchasing cash resources only. If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines.