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 12 September 2019

Term $500 – $4,999 $5,000 – $1,500,000
1 month 0.85% p.a 1.00% p.a.
3 months 1.50% p.a 2.50% p.a.
6 months 2.10% p.a 3.10% p.a.
9 months 2.15% p.a 3.15% p.a.
12 months 2.10% p.a 3.10% p.a.
18 months 2.15% p.a 3.15% p.a.
24 months 2.15% p.a 3.15% p.a.
36 months 2.20% p.a 3.20% p.a.
48 months 3.25% p.a.
60 months 3.30% p.a.
*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 $1,500,000.00.  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.

For more term investment information see;