Learn more about term deposits in our helpful guides and information section.
|3 months||0.30% p.a.
|6 months||0.70% p.a.
|12 months||0.70% p.a.|
> Interest is calculated on a daily basis and paid at maturity. Interest can be paid to a nominated account monthly.
For deposits of 6 months and over, interest can be compounded quarterly.
> Investors are advised of their options prior to maturity.
> Maximum deposit $100,000 per member.
> Minimum deposit is $1,000
> These are indicative rates only and may be subject to change without notice.
> Where a term deposit is withdrawn prior to the maturity date, the break rate fee will be the agreed Term Deposit Interest Rate at time of application less the Term Deposit Break Rate.
The current maximum break rate to be applied is 1%
e.g. Original investment 12 months 3.5% less 1% leaving 2.5% as the interest rate applied.
Early withdrawals will only be considered for genuine hardship.
Effective date: 24th September 2021
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