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Term Deposits

Our term deposits are a great way to make the most of your funds, whether you are looking for a long or short term investment.

A low risk option that delivers a fixed rate of interest over a fixed period of time.

  • Secure investment for your funds
  • A better interest rate is offered compared to an 'on call' accounts
  • The fixed Interest rate is guaranteed for the term of the deposit

Gold Pass Concession earns an addition margin of 0.10% (not applicable to posted 'Special' rates).

Important information:

Minimum amount for a term deposit is $1,000

Flexible investment terms vary from 60 days up to 24 months

The amount deposited is for the fixed term selected at the interest rates applicable on the day of deposit

Automatic reinvested on maturity. We confirm reinvestment in writing with a 10 day cooling off period for your convenience

Monthly Income

Interest can be paid monthly to another Credit Union account or by cheque on Term Deposits of $10,000 or more lodged for a minimum term of one year at the interest rates quoted above.

Early redemption is subject to management approval and an interest rate adjustment may apply.

The Credit Union reserves the right to alter published interest rates offered on term deposits without notice. Interest on term deposits is paid on maturity

View interest rates

For More information please contact or or contact our Bundoora office on 03 9478 8222.

 

© La Trobe University Credit Union  |  BSB 803-159  |  ABN 93 087 651 536  |  AFSL 244373 | 
Any advice or information on this site does not take into account your personal objectives, financial situation or needs and you should consider whether it is appropriate for you.