Investment Options

Grow your money with investment accounts from Bruno, including term deposits, TFSAs, RRSPs, RESPs , and FHSAs.

We have the perfect investment solutions to set you up for success.

Enjoy a guaranteed interest rate when saving within a predefined timeline.

Provides a guaranteed interest rate in terms of 30 days to 5 years
Term deposits can compound, or interest can be paid to a chequing or savings account
Redeemable with penalty and non-redeemable available

A tax-sheltered account to grow your savings and meet short- and long-term investment goals.

Available to Canadians 18 or older
Contribute up to $7,000 for 2024
Capital gains and other investment income will not be taxed
Withdrawals are allowed and will be tax-free
Unused TFSA contribution room can be carried forward to future years indefinitely

A savings account to help Canadians 18 or older save for their first home, tax-free.

For first-time buyers who did not live in a home they owned, or that was owned by their spouse or common-law partner at any time in the last four years
Contributions are tax-deductible but limited to $8,000 per year, up to a lifetime limit of $40,000
When a qualifying withdrawal is made to purchase a home, no tax is withheld on the withdrawal and the amount withdrawn is not considered taxable income
Withdrawals for another purpose will be subject to withholding tax and must be included in income

A tax-deferred government-approved plan to save for retirement.

Monthly or biweekly preauthorized contributions available
Personal contribution limits based on earned income
Investments can be made in a variable account or fixed term deposits of 1 to 5 years
Funds must be moved into a Registered Retirement Income Fund (RRIF) the year you turn 71

A registered account for drawing income from your RRSP.

The RESP is a registered account for saving for post-secondary education.

Income earned within the plan is not taxed until withdrawn
Single or family plans available
Most secondary institutions and programs, including correspondence courses, qualify for payments
Additional funding is provided by the Canadian Education Savings Grant
The credit union acts as an agent for Concentra.

A savings plan to help individuals with disabilities and their families save for long-term needs.

Government incentives like the Canada Disability Savings Grant (CDSG) and the Canada Disability Savings Bond (CDSB) are available
Tax-sheltered interest earnings while in the plan
The credit union acts as an agent for Concentra.