Index-Linked Term Deposits

Index-Linked Term Deposits

If you would like to participate in Stock Market gains without risking your principal, the League Savings & Mortgage Index-Linked Deposit is just what your looking for!

Index-Linked Term Deposits (ILTD) are fixed term deposits that pay a return based on the performance of the S&P/TSX 60 Index, which tracks 60 top companies in leading industries in Canada.
This index provides economic diversity across market sectors including communitcation services, consumer staples, energy, healthcare, technology and transportation.


  • Choice of 3-year or 5-year non-redeemable term deposits.
  • Earnings based on growth of the average of monthly closing values of the S&P/TSX 60 Index™ over the term of the deposit* multiplied by the Participation Rate. (*on 12th of each month)
  • Participation Rates will be 75% for a 3-year term and 125% for a 5-year term
  • No minimum guaranteed rate of return
  • Eligable to RRSP/LIRA holders who will no be oder than 71 by deposit maturity date
  • Available as a GIC/TFSA holders
  • Not eligible for RRIFs 
  • Minimuim investment $500.00


  • Your Principal os 100% guaranteed by League Savings
  • Offers the potential of a higher return than fixed rate deposits.
  • An equity-linked investment that carries no fees or commisions
  • Allows you to participate in stock market gains while protecting your capital against loss. 

*Standard & Poor's®' and 'S&P®' are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Central1 Credit Union and sublicensed by League Savings and Mortgage. "TSX" is a trademark of the Toronto Stock Exchange and has been licensed for use by Central1 Credit Union and sublicensed by League Savings and Mortgage. The Index-Linked Term Deposits are not sponsored, endorsed, sold or promoted by Standard & Poor's or the Toronto Stock Exchange and neither party makes any representation regarding the advisability of investing in these depsoits.