OCTOBER 24, 2026 • WESTMAN BUSINESS • THE BRANDON SUN 17 Sunrise Credit Union promotes 3.90% term deposit special S unrise Credit Union is offering a 3.90 per cent
interest rate on a 26-month term deposit as Westman savers continue to look for ways to grow their money while protecting themselves from changing interest rates. Josie Dreilich of Sunrise Credit Union’s Brandon branch said interest in term depos- its across the Westman region has remained steady, with members at different stages of life using the investment option for a variety of financial goals. “At the Brandon Branch of Sunrise Credit Union, we see a wide variety of members in our branch, in many different stages of their life who are interested in investing for nu- merous different reasons,” Dreilich said. Those goals can range from building initial savings and preparing for a vehicle or new home to planning for children’s futures, retirement or enjoying savings during retirement. Dreilich said the current special stands out in part because of its 26-month timeline and competitive 3.90 per cent rate within the credit union’s service area. The term deposit also offers members the choice of having interest paid out on the an- nual renewal date or having it compounded into the term to increase interest growth. The investment is available through both regis- tered and non-registered options. “We have members and non-members al- ways looking to make the best choice when it comes to their money, and I believe this product checks many points off for mem- bers,” she said. The special is designed to be accessible to savers at different financial stages. The min- imum deposit is $500 for members aged six to 25 and $1,000 for everyone else, allowing younger savers and those just beginning to build their investments to get started with a smaller amount.
Confidence in knowing how much their money can grow in the next 26 months.” — JOSIE DREILICH, SUNRISE CREDIT UNION, BRANDON BRANCH
The product can also appeal to people looking to put larger amounts toward medi- um- and long-term financial goals. “You can start small if that is the life stage you are at or you can invest larger amounts to help save for your five- to 10-year plans,” she said. One of the key advantages of locking in a rate, she added, is the certainty it provides during the 26-month period. “By locking into this product, it provides members the confidence in knowing how much their money can grow in the next 26 months, regardless of what is happening around them,” Dreilich said. That predictability can make it easier for savers to plan, particularly when interest rates can change over time. However, customers should consider their individual financial circumstances be- fore committing to a 26-month term. The product may be suitable for someone who does not expect to need access to the funds during that period, Dreilich said, while those who may require the money sooner should discuss their options with a Sunrise Credit Union representative. “We would like to have a discussion with them and find a way forward that would be the most beneficial for their specific situa- tion,” she said.
Josie Dreilich of Sunrise Credit Union’s Brandon branch. (Supplied)
For people considering a registered invest- ment, Dreilich also recommends reviewing available TFSA or RRSP contribution room before purchasing to ensure there is suffi- cient room and avoid potential penalties in the future. For first-time investors, getting started can be as simple as contacting the Brandon branch and speaking with a Member Service Representative. Non-members can also book an appointment to discuss their options and potentially open a membership. “We are always willing to answer the phone to provide information that helps you
make the best choice for their future,” Dreil- ich said. For Sunrise Credit Union, the goal is not simply to promote a particular investment product, but to help members find savings and investment options that fit their individ- ual financial goals. The current 3.90 per cent 26-month term deposit special provides one such option for Westman residents looking for a com- petitive rate and greater certainty over a de- fined period. ■ » The Brandon Sun
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