Skip to main content

Target Term

Planning a European getaway? Looking to buy a new car? The Target Term is a great way to save for a specific goal because you choose how much you want to save and how long you want it to take.  



  • Higher interest rate than a regular savings account (calculated daily and paid upon maturity)

  • No minimum deposit

  • Flexible transfer options (weekly, bi-weekly, monthly etc.)

  • Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA)


Your deposits are protected.

At Oshawa 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.
Select Image