Term Deposit Accounts
When you have excess funds that you want to put to work to generate an even bigger nest egg, use our Term Deposit Facility.
Terms available
- 3 and 4 months
- 5 and 6 months
- 9 months
- 12 months
- 18 months
- 24 months
Click here to view our current rates.
Interest payment options
- Quarterly
- Six monthly
- Annually
Interest can be paid into your Credit Union savings account or can be reinvested along with the principal.
How do I invest money with the Credit Union?
- Call us on 0800 429 000 and let us know what you want. Simply advise your name, membership number, the term, the interest rate you want and deposit the funds into your credit union S1 saver account using your unique bank account number or OR
- Complete the term deposit application form, attach your cheque and sent it to the Credit Union. Click here for a term deposit application form OR
What if I already have money at the Credit Union?
- If you already have money with the Credit Union, ring or e-mail us. We will transfer money from your account and open your term deposit there and then and we will send you a Certificate to confirm your term deposit details
What if I break my Term Deposit?
If the unexpected occurs and through personal or family needs you must break your deposit you will be paid the current Freedom Saver (S1) account at call interest rate on the amount that you withdraw.
The Police and Families Credit Union is not a registered bank.
