What we offer
Get started
We make saving easier with our attractive savings rates, competitive term deposits and fee free accounts.
Life Purchases
From buying a car to planning a holiday, to celebrating milestones, our personal loans help fund life's big purchases.
Sorting debt
We've helped hundreds of members shift high-interest debt into a lower-rate personal loan to save money, reduce stress and bring them closer to becoming debt-free.
Home loans
Get deposit help, increase your buying power, fast-track your investment portfolio, or move away from the big banks.
First Home Together (shared ownership)
6 months fixed
5.09% pa
2 Year fixed
5.85% pa
Get into your first home, faster, with our shared ownership home loan package.
- We'll put in up to 10% interest-free towards your 20% house deposit as well as a regular home loan for the balance
- No limits on your household income
- No caps on the home you can buy
Personal Loans
Secured loans from
12.95% pa
Unsecured loans from
13.95% pa
Whether it's buying a new car, booking a holiday, doing some home renos or covering unexpected expenses, our personal loans make it easy.
- Get a quick decision
- Make early or lump sum payments without penalty
- Borrow up to $40,000 on a vehicle secured loan
Home Loans
18 months fixed
4.95% pa
2 years fixed
5.25% pa
Get a faster home loan approval than the banks and great rates when you buy or refinance with us.
- Cash contribution for loans with a minimum deposit of 20% (conditions apply)
- Purchase an investment property with only 20% deposit
- Competitive rates
Open an account with us
Spending account
Interest rate
0.05% pa*
For everyday use with a Debit Mastercard.
- $1 minimum investment
- *Interest earned on accounts with a balance of $2,000 or higher
- No monthly fees
Achiever Saver
Interest rate
0.40% pa
An on-call savings account that you can use like a spending account.
- $1 minimum investment
- Earn interest even if you make multiple withdrawals
- No monthly fees
Bonus Saver
Combined Interest rate
1.50% pa
Earn bonus interest when you make no withdrawals and deposit over $20 each month.
- $1 minimum investment
- Base rate of 0.25% pa
- No monthly fees
Christmas Club
interest rate
0.35% pa
Save for Christmas and get a bonus in November
- $1 minimum investment
- Receive a $10 or $20 bonus if you make one deposit a month of at least $20 and make no withdrawals (conditions apply)
- No monthly fees
Future Saver
Combined interest rate
1.50% pa
Designed for young people to learn the benefits of savings. Earn bonus interest when there are no withdrawals and deposit of at least $20 each month.
- For members aged between 13 and 19 years of age.
- $1 minimum investment
- Base rate of 0.25% p.a.
- No monthly fees
Become a member
Who can join?
All current, former and retired NZDF Personnel, including members of the Regular Force, Territorial Forces, civilian employees and Veterans.
What we offer
Fee-free banking, competitive rates, and a team that will work hard to help you reach your financial goals.
Join online
Fill out our online join form to open an account and become a member. Once you're a member, you're a member for life, and your family are eligible to join us too.
A credit union for members of the Defence Force and their families.
We’re owned by our members, which means 100% of our profits go back into improving our services and helping every member become better off.
The fine print
Normal lending criteria and a $100 establishment fee apply to all new loans.