Fixed Term Deposit

 Product Features

• Other Additional Information: The minimum term available for this product is 3 months

• Other Additional Information: Scaled panalty applies, see linked URI

• Other Additional Information: Under the FCS certain deposits are protected up to a limit of $250,000 for each account holder at any bank, building society, credit union or other authorised deposit-taking institution (ADI) that is incorporated in Australia and authorised by the Australian Prudential Regulation Authority (APRA).

 Product Eligibility

• Natural Person

• Residency Status - If Not An Australian Resident, You Must Complete A Tax Residency Declaration.

• Other Additional Information: Must be a shareholder owning a $10 share. Each shareholder holds an equal share regardless of their balance. Shareholders have a say in how we are run. "Own your Bank". $10 share is refunded if you choose to close your account.

• Other Additional Information: To be eligible to join you must be at least 8 years of age and referred by a family member or friend who already has an account with LCU. Alternatively you may be eligible to join if you: work or live in the greater Ryde area; have an association with Riverside Corporate or Macquarie Park; or work in a STEM industry.

 Limitations & Restrictions (Constraints)

• Min Balance of 1000.00 Additional Information: Minimum amount to open a Fixed Term Deposit is $1,000

• Max Balance of 500000.00 Additional Information: Any deposits above this are at the Credit Union's discretion