We offer high savings and investment rates as we do not have shareholders taking a percentage of our profits. Any profits we make are returned to you through better products, rates and fees.
We offer competitive rates on:
| Everyday Accounts (effective 1 June 2010) |
Interest Rate |
| Redisavings |
0.10 % p.a. |
|
Advantage 55
Account for members aged 55 years or more
The first tier of interest is paid on the portion of the balance between $2,000 and $49,999. A third tier of interest is paid on the portion of balances above $50,000.
$0 - $1,999
$2,000 - $49,999
$50,000 or more
The first tier of interest on the Advantage 55 account is paid on the portion of the balance under $2,000. A second tier of interest is paid on the portion of the balance between $2,000 and $49,999.99. A third tier of interest is paid on the portion of balances above $50,000.
|
0.10 % p.a.
3.00 % p.a.
4.50 % p.a.
|
Super Saver
Account for members 12 years or younger |
0.50 % p.a. |
Teen Saver
Account for members 13 to 17 years |
0.50 % p.a. |
| Community Support |
0.10 % p.a. |
| Business Saver |
0.10 % p.a. |
| Savings Accounts (effective 1 June 2010) |
Interest Rate |
| Horizon Direct - Internet only savings account |
4.75 % p.a. |
| Special Purpose |
0.10 % p.a. |
| Cash Management |
|
|
$250,000 or more
$100,000 - $249,999
$50,000 - $99,999
$20,000 - $49,999
$10,000 - $19,999
$5,000 - $9,999
$0 - $4,999
|
3.25 % p.a.
3.00 % p.a.
2.75 % p.a.
2.50 % p.a.
1.50 % p.a.
1.00 % p.a.
0.10 % p.a. |
|
Teen Cash Management
Account for members 13-17 years
|
|
|
$5,000 or more
$2,500 - $4,999
$1,000 - $2,499
$0 - $999
|
3.00 % p.a.
2.00 % p.a.
1.00 % p.a.
0.50 % p.a.
|
|
Christmas Club - Budget account for Christmas
Interest is calculated on the daily balance and credited to the account on the 31st of October.
|
2.00 % p.a. |
|
Reward Saver
If one or more deposits totalling $10 or more are made and no withdrawals during the same calendar month.
Note: if the conditions are not followed during the calendar month, the balance willl attract nil interest.
|
5.00 % p.a.
Reward
|
|
Handyloan
Overdraft secured by mortgage, if in credit.
|
0.10 % p.a.
|
|
Mortgage Breaker
An offset account against a particular loan type's balance.
|
0.00 % p.a.
|
Unless otherwise indicated, most every day and savings accounts' interest is calculated on the daily balance and credited at the end of the month.
| Term Deposit Specials* (effective 1 June 2010, interest paid on maturity) |
Interest Rate |
| Minimum investment of $10,000 for 12 months |
6.00 % p.a. |
| Minimum investment of $10,000 for 6 months |
5.80 % p.a. |
* 0.50% bonus not available to Teens or Community Support Accounts. Terms and conditions and fees may apply.
| |
Interest Rate |
Term Deposit Accounts
(effective 1 June 2010, interest paid on maturity) |
$25,000 or more |
$5,000 - $24,999 |
$500 - $4,999 |
3 years
2 years
1 year
9 months
6 months
4 months
3 months
2 months
1 month |
6.50 % p.a.
6.30 % p.a.
3.25 % p.a.
3.25 % p.a.
3.25 % p.a.
3.25 % p.a.
3.20 % p.a.
3.20 % p.a.
3.20 % p.a. |
6.50 % p.a.
6.30 % p.a.
2.65 % p.a.
2.65 % p.a.
2.65 % p.a.
2.65 % p.a.
2.60 % p.a.
N/a
N/a |
2.60 % p.a.
2.40 % p.a.
1.95 % p.a.
1.95 % p.a.
1.95 % p.a.
1.95 % p.a.
1.90 % p.a.
N/a
N/a |
Questions?
If you have any questions or would like a quote, please contact us 
* Account is available to pensioners only
Savings & Term Deposits 
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