Term Deposit

 Product Features

• Notifications Additional Information: We'll send you a term deposit renewal notice prior to the end of your term. If we don't hear from you your investment will automatically renew for a further term

• Digital Banking

• Other Additional Information: If you need to withdraw your Term Investment before it matures you will need to give us 31 days notice. We may charge you an early redemption fee.

• Other Additional Information: A safe and secure way to invest your money and earn a great interest rate on your business' savings.

• Relationship Management Additional Information: Our Program One to One provides a higher level of personalised service to members that have significant business with the Credit Union, measured by borrowings and/or deposits. This is achieved by providing each member with their own Relationship Manager as a single point of contact for all their financial service needs.

 Product Eligibility

• Min Age - 13. Additional Information: 13 years and older

• Business - Business And Non-personal Entities.

• Residency Status - Permanent Residents Of Australia Who Reside In Australia At The Time Of Membership Application Are Eligible For Membership, Regardless Of Citizenship Status..

 Bank Fees and Charges

• Early Redemption Administration Fee (Event), Amount: 30.00. Additional Information: If you need to withdraw your Term Investment before it matures you will need to give us 31 days notice. You will be required to pay an Early Redemption Administration Fee and the interest otherwise payable on the amount withdrawn will be reduced.

• Early Redemption Fee (Event), Amount: Not Listed.. Additional Information: The amount by which the interest will be reduced depends on the percentage of the term that has elapsed as at the date of the withdrawal of funds from the Term Deposit.

• Company And Business Name Search (Event), Amount: 20.00. Additional Information: Applies to each Company or Business Name Search completed

• Signature Verification (Event), Amount: 5.00. Additional Information: Applies when you request to withdraw funds without sufficient identification.

• Duplicate/replacement Statement (Event), Amount: 10.00. Additional Information: Applies when you request us to provide a copy of a statement that has already been issued (including where you request a paper copy of an eStatement). Charged at the time the statement is requested.

• Replacement Interest Statement (Event), Amount: 10.00. Additional Information: Applies when you request us to provide a copy of an interest statement that has already been issued. Charged at the time the statement is requested.

• Frequent Statement Fee (Event), Amount: 2.00. Additional Information: This fee applies to members who request a statement more regularly than the statement cycle specified in the Summary of Term Investment Accounts table in Chapter 7. Excludes eStatements, which are free of charge.

 Limitations & Restrictions (Constraints)

• Min Balance of 5000.00 Additional Information: Age 25 and over

• Opening Balance of 5000.00 Additional Information: Age 25 and over

• Min Balance of 1000.00 Additional Information: Age under 25

• Opening Balance of 1000.00 Additional Information: Age under 25