New Member Offer | Earn 4.60% for 4 months

General Terms
1.    Steinbach Credit Union Limited (“SCU”) is offering a 4.60% interest rate offer (the “Offer”), which is available to new and existing SCU personal members (each a “Member”) who:
(a)    became a Member on or after January 1, 2026;
(b)    are Canadian residents that are of the age of majority at the time of Account (as defined herein) opening in their province or territory of residence;
(c)    open a Personal Promotional Daily Growth Savings Account (the “Account”) between June 15th, 2026 at 12:01 A.M CDT and July 27th, 2026, at 11:59 P.M. CDT (the “Offer Period”); and
(d)    make new deposits into the Account during a four (4) month period after the date of Account opening up to five hundred thousand dollars ($500,000.00 CAD).

For the purposes of the Offer, any individual who first became a Member prior to January 1, 2026 and who is an active Member on the Offer start date (June 15, 2026) will not become eligible for the Offer by closing their membership during the Offer Period and subsequently reopening (or re-establishing) their membership during the Offer Period. For greater certainty, an individual who first became a Member on or after January 1, 2026 will not be disqualified solely because they close and reopen their membership during the Offer Period, provided they otherwise meet the eligibility requirements set out in these Terms and Conditions.

For further clarity, a Member may make new deposits in the Account more than five hundred thousand dollars ($500,000.00 CAD), however, the Offer will only apply to the first five hundred thousand dollars ($500,000.00 CAD) deposited (as outlined in Section 6 below).
2.    All other terms and conditions of the Account (as outlined in the applicable SCU Account agreement) continue to apply.

Offer Conditions
3.    SCU shall announce the end of the Offer (if before the end of the Offer Period) by providing at least seventy-two (72) hours’ advance notice to Members.
4.    If SCU decides, in its sole discretion, to distribute a patronage to Members, any Promotional Rate (as that term is defined below) interest received in the Account shall not be eligible for the patronage. 
5.    After the Offer Period ends, all balances in the Account will continue to earn interest at SCU’s -current posted rate, which is subject to change without notice (the “Posted Rate Interest”), payable on the Account. 
6.    If the balance in the Account (including any interest accrued and paid to the Member in the Account) is greater than five hundred thousand dollars ($500,000.00 CAD), any balance in the Account that is above this maximum will earn interest at the Posted Rate Interest payable on the Account. View current rates here: scu.mb.ca/DGSA
7.    Offer limit: one (1) Offer per Member in total, regardless of the number of Accounts a Member opens or holds, and regardless of whether the Member is a sole or joint account holder. 
First eligible Account only: a Member may receive the Offer only once, and only on the first eligible Account that the Member opens during the Offer Period. 
Joint Accounts: each joint account holder is assessed individually for eligibility; a joint Account is ineligible if either joint account holder has previously received the Offer on any Account; and once a joint Account receives the Offer, neither joint account holder may receive the Offer again on any other Account.
8.    All non-Members wishing to participate in the Offer must purchase a five-dollar ($5.00) Member share at the time of Account opening.
9.    The 4.60% promotional interest rate (the “Promotional Rate”) is an annualized rate and will apply to eligible deposits as outlined in Section 1(d). Subject to the limits and qualifications outlined in these Offer Terms and Conditions, interest on eligible deposits made during the Offer Period will be calculated daily at the Promotional Rate (the “Promotional Interest”) and paid monthly to the Account. 
10.    Any Account closed prior to the payment of the Promotional Interest will only earn interest on the days of the month during which the Account was open (at the Promotional Rate or Posted Rate Interest, as the case may be).  

Limitations
11.    This Offer is non-transferable, non-saleable and may not be exchanged for cash.
12.    SCU reserves the right to amend these Terms and Conditions from time to time, provided that any material changes will be communicated to Members at least twenty-four (24) hours in advance via the SCU website. In the event of any discrepancy or inconsistency between these Terms and Conditions and any account agreement with SCU, disclosures or other statements contained in any Offer-related materials, including, but not limited to, any website(s), platform(s), point of sale, television, print or online advertising and/or any instructions or interpretations of these Terms and Conditions given by any representative of SCU, these Terms and Conditions shall prevail, govern and control to the fullest extent permitted by law.
13.    By participating in this Offer, Members agree to comply with all applicable laws and regulations. Any attempt to manipulate or exploit the Offer, as deemed in SCU’s sole discretion, will result in disqualification.
14.    The Member will not engage, either directly or indirectly, for themselves or through or behalf of or in conjunction with any other person or entity, in any behaviour which could be deemed, by SCU in its sole discretion, to be offside of the intention of this Offer. 
15.    SCU reserves the right, at its sole discretion, without advance notice, to suspend, disqualify, limit, revoke, terminate or otherwise modify the Offer, in whole or in part, for: (i) any Member it finds or believes to be manipulating or otherwise abusing the integrity of the Offer or who otherwise is deemed ineligible; and (ii) any reason or if an Offer can't run as planned including infection by computer virus, bugs, tampering, unauthorized intervention, fraud, technical failures, or any other causes beyond SCU’s reasonable control which corrupt or affect the administration, security or proper conduct of this Offer.
16.    By accepting this Offer, the Member agrees that they have read and understood these Terms and Conditions and agree to be bound by them. Any notice with respect to this Offer is deemed to be provided on the day it is posted on the SCU website.
17.    SCU is not liable for any loss or damage related to this Offer, including, but not limited to, direct, indirect or consequential damages. By participating in this Offer, the Member agrees to irrevocably and unconditionally release, discharge and forever hold harmless SCU, its directors, officers, employees, agents, representatives, affiliates, successor and assigns (collectively, the “Released Parties”) from any and all claims or liabilities (collectively, “Claims”), whether known or unknown, which the Member, directly or indirectly, now has or may hereafter have, arising out of or in connection with this Offer, or any associated transaction, service or product provided by SCU.
18.    By participating in this Offer, the Member agrees to indemnify and hold harmless the Released Parties to the fullest extent permitted by law, and from any and all losses arising out of: (i) any breach by SCU of its obligations pursuant to the Offer, including, without limitation, claims made by third parties; and (ii) any of the Released Parties’ negligence or willfully wrongful, wanton or reckless condition or omissions. This indemnity shall survive the termination, completion or expiry of the Offer between the Member and SCU.
19.    To the fullest extent permitted by applicable law, all issues and questions concerning the construction, validity, interpretation and enforceability of these Terms and Conditions or the rights and obligations of Members, SCU or any of the other the Released Parties in connection with the Offer will be governed by and construed in accordance with the domestic laws of the Province of Manitoba and the federal laws of Canada applicable therein, without giving effect to any choice of law or conflict of law rules or provisions that would cause the application of any other jurisdiction’s laws. The parties hereby consent to the exclusive jurisdiction and venue of the courts located in Manitoba in any action to enforce (or otherwise relating to) these Terms and Conditions or relating to this Offer. Each Member agrees to waive any right they may have to: (i) a trial by jury; and (ii) commence or participate in any class action against SCU related to the Offer or these Terms and Conditions and, where, applicable, the Member also agrees to opt out of any class proceedings against SCU.
20.    The Offer is intended for promotional purposes only and does not constitute financial, tax, accounting or legal advice or an opinion related to the acquisition, suitability or use of the Account.
21.    For any questions or concerns regarding this Offer, please contact SCU at scu@scu.mb.ca