About Venture Credit Union
Venture Credit Union is a member-owned credit union in central-eastern Newfoundland with over 3,700 members and roughly $34 million in assets, operating branches in Glovertown, Gambo, Catalina and Twillingate. Its site cites a 25-year history; the exact founding year is not published.
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Access: Membership required · Open common bond
Eligible provinces: Newfoundland & Labrador
How to join: Open a membership at a branch with a $100 share deposit.
Notes: Open bond inferred from community-serving language; not explicitly stated on the site.
Deposit protection: Credit Union Deposit Guarantee Corporation (Newfoundland and Labrador)
up to $250,000
Current top rates
rates confirmed as of 2026-10-15| GIC ladder | Best rate |
|---|---|
| 1-year GIC | 2.00% |
| 2-year GIC | 2.20% |
| 3-year GIC | 2.40% |
| 4-year GIC | 2.75% |
| 5-year GIC | 2.90% |
Base ladder rates. Institution may have more term rates below.
Rate history builds here as we track this institution's rates over time.
Term deposit rates
— not stated on siterates confirmed as of 2026-10-15Filter rates
| Term | Registration | Redeemable | Compounding | Interest paid | Min–Max deposit | Rate |
|---|---|---|---|---|---|---|
| Long-term — 1 year + | ||||||
| 1 year | Non-reg | N | — | At maturity | — | 2.00% |
| 1 year | Non-reg | Y | — | At maturity | — | 0.40% |
| 18 months | Non-reg | N | — | At maturity | — | 2.15% |
| 2 years | Non-reg | N | — | At maturity | — | 2.20% |
| 30 months | Non-reg | N | — | At maturity | — | 2.55% |
| 3 years | Non-reg | N | — | At maturity | — | 2.40% |
| 42 months | Non-reg | N | — | At maturity | — | 2.70% |
| 4 years | Non-reg | N | — | At maturity | — | 2.75% |
| 58 months | Non-reg | N | — | At maturity | — | 3.13% |
| 5 years | Non-reg | N | — | At maturity | — | 2.90% |
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