Log In
Register
Home
Topic RSS
Facebook
Twitter
Email this1:31 pm
April 5, 2018
Offline
Earn 3.0%* interest on your hard-earned money, in just 12 months, and achieve your goals with confidence.
DETAILS
Guaranteed growth – earn 3.0%*
Risk free – deposits are 100% guaranteed***
$500 minimum deposit
Redeemable after 180 days*
1:40 pm
April 6, 2013
Offline
G&F Financial is a Vancouver-area credit union.
Members need to buy at least five Class "A" Membership Equity Shares. The shares are $1.00 each.
The online membership application requires one to be
- 19 or older,
- be a resident of British Columbia, and
- not have declared bankruptcy in the last 7 years
1:44 pm
February 24, 2015
Offline
It appears to me that a visit to a branch on the BC mainland is necessary.
2:31 pm
December 12, 2009
Offline
Correct, G+F Financial Group isn't one of the B.C. credit unions that offers fully online membership openings, and you do need to be a B.C. resident. 🙂
That said, they're one of the largest credit unions in Canada.
Wouldn't be surprised, in fact, to see them potentially merge with, perhaps, a BlueShore Financial Credit Union or someone else if and once Westminster Savings' and Prospera's merger goes through.
Cheers,
Doug
4:10 pm
February 27, 2018
Offline
** Now that food has replaced sex in my life, I can't even get into my own pants.
5:00 pm
December 12, 2009
Offline
Kidd said
** Now that food has replaced sex in my life, I can't even get into my own pants.
Yep, that's about what I figured. I was going to say top 25, but hedged that they'd be in the top 50. About the size of AcceleRate Financial parent company Crosstown Civic Credit Union. Slightly smaller than Interior Savings Credit Union, which, interestingly, is a potential merger candidate if they ever wanted to expand into the B.C. Interior and Interior Savings to the coast. 
What's with your preceding text, by the way, Kidd? 
Cheers,
Doug
9:38 pm
April 9, 2019
Offline
It's not GIC's formally. They call them Bright Term deposit. So it is Term Deposit.
Actually what is the difference between the two?
2:19 am
October 21, 2013
Offline
In days past, "term deposits" were anything less than a year and GICs were a year or more. It doesn't seem to matter any more though.
8:03 am
December 12, 2009
Offline
AndreyG said
It's not GIC's formally. They call them Bright Term deposit. So it is Term Deposit.
Actually what is the difference between the two?
They're essentially the same thing, so I use the terms (pardon the pun? 
) interchangeably. They mean different things at different institutes. At HSBC, term deposits are non-redeemable whereas GICs are redeemable or otherwise cashable before maturity.
As Scotiabank, they use the term GIC across the board.
Cheers,
Doug
8:38 am
November 19, 2014
Offline
Although interchangeable terms in general use, my experience in Ontario for the last decade or so is that banks call them GICs and credit unions call them Term Deposits.
Please write your comments in the forum.