Features and Benefits of our Term Deposits
- Our competitive Interest Rates apply for all amounts from $500 (to a maximum combined amount of $250,000), which means you don't need to have a lot of money invested to get a great rate
- For all Term Deposits you may elect to have interest paid out monthly, quarterly or six monthly to your Credit Union account to offset some of your expenses, such as Health Plan premiums
- Interest on Term Deposits 12 months or longer can be compounded quarterly, six monthly or annually, which means your investment grows faster, by earning interest on your interest
- On maturity, Term Deposits can be reinvested, paid into your Credit Union account or paid out to an external bank account
The maximum amount you can have invested with the Credit Union is a combined $250,000 across all savings and term deposit accounts.
Click here to see our Terms and Conditions
For further information or to open a Term Deposit, please contact our friendly team, Monday to Friday 8.00am to 5.00pm on
0800 429 000.