Deposit Rates
The following interest rates are subject to change without notice.
The Financial Transactions Reporting Act 1996 states that the maximum amount of money any one member of the Police and Families Credit Union can hold in their account at any time is $250,000
Freedom Saver - S1 and Goal Saver - S2
The following interest rates are subject to change without notice. These rates are effective from 21 November 2011
| Up to |
$100 |
0 .00%pa |
| over |
$100 |
0.25%pa |
| over |
$1000 |
0.50%pa |
| over |
$2000 |
1.00%pa |
Christmas Club - S3
Target Saver - S4
| Up to |
$3000 |
1.50%pa |
| over |
$3000 |
3.25%pa |
| over |
$4000 |
3.50%pa |
Achiever Saver - S5
Junior Saver - S7
Teen Saver - S8
Education Saver - S9
| Up to |
$1000 |
0.50%pa |
| over |
$1000 |
1.00%pa |
| over |
$2000 |
1.50%pa |
| over |
$3000 |
2.00%pa |
| over |
$4000 |
3.00%pa |
Term Deposits
Minimum deposit $500.00 - The maximum total deposit across all accounts is $250,000.00 These rates are effective from 16 January 2012
| 3 & 4 months |
4.00%pa |
| 5 & 6 months |
4.25%pa |
| 7, 8 & 9 months |
4.35%pa |
| 12 months |
4.60%pa |
| 18 months |
4.70%pa |
| 24 months |
4.80%pa |
Interest rates are subject to change without notice. Investment Statement Available - Independent Trustee "Perpetual Trust".
Lending Rates
The following interest rates are subject to change without notice. These rates are effective from 16 January 2012
| Loans secured over GSF / PSS |
9.75%pa |
| Loans secured by GSF, PSS, frozen funds over 80% secured. |
11.50%pa |
| Loans secured by GSF, PSS from 50% to 80% secured up to a maximum of $10,000 |
12.50%pa |
| Loans secured by GSF, PSS up to 50% secured up to a maximum of $10,000 |
13.75%pa |
| Unsecured up to a maximum of $5,000 |
17.00%pa |
| Blue Credit Secured only |
12.50%pa |
Mortgage Rates
The following interest rates are subject to change without notice.
These rates are effective from 7 November 2011
| Flexible rate |
5.25%pa |
| Fixed - 1 year fixed rate |
5.65%pa |
| Fixed - 2 year fixed rate |
5.75%pa |
Interest rates are subject to change without notice. Investment Statement Available - Independent Trustee "Perpetual Trust". Loans are subject to our normal lending criteria.
The Police and Families Credit Union is not a registered bank.
