RRSP/RRIFs
Anyone can purchase an RRSP, transfer an existing RRSP from another institution, and convert an existing RRSP to a RRIF at MFC. Through a cooperative arrangement with Mennonite Savings and Credit Union, MFC is able to offer fixed term deposits with competitive rates for both RRSPs and RRIFs.
With an RRSP/RRIF term deposit at MFC, you are assured that your investment will earn a pre-determined rate of interest over the life of the term. You can open as many RRSP/RRIF contracts as necessary to ensure that all your RRSP/RRIF term deposits are insured. Click here to view our current rates.
MFC also offers locked-in registered retirement options such as LIFs, LIRAs and LRIFs. Contact your nearest MFC Consultant to get more detailed information on retirement planning and investment options.