Term Deposit
Make the most of your hard earned savings
We offer flexible and competitive Term Investment options to suit your investment needs.
Our competitive interest is calculated on a daily basis and can be paid at regular intervals (conditions apply) or on maturity to any account of your choice.
- You choose your investment term
- Flexible and competitive interest calculated daily
- Option of interest paid at regular intervals or on maturity
- You are advised of your options prior to maturity, including reinvesting for a further term
Money from term deposits are invested into your local community to help New Zealanders succeed together.
Term Deposit Rates – Effective 17 July 2017
|
||
| Term | $500 – $4,999 | $5,000 – $500,000 |
| 1 month | 1.00 | 2.00% |
| 3 months | 2.00% | 3.00% |
| 6 months | 2.75% | 3.75% |
| 9 months | 2.80% | 3.80% |
| 12 months | 2.85% | 3.85% |
| 18 months | 3.10% | 4.10% |
| 24 months | 3.20% | 4.20% |
| 36 months | 3.35% | 4.35% |
| *Interest is paid on maturity for terms less than 12 months. | ||
| *Interest may be paid quarterly or compounded for terms 12 months and over. Maximum Total Shareholding permitted per Customer is $500,000.00. These Credit Union Deposits are secured by a first ranking security interest over present and after acquired property of NZCU South. Click here to view the NZCU Product Disclosure Statement and Credit Risk Statement. | ||