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 1 May 2019
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| Term | $500 – $4,999 | $5,000 – $500,000 |
| 1 month | 1.00% p.a | 1.25% p.a. |
| 3 months | 1.50% p.a | 2.50% p.a. |
| 6 months | 2.35% p.a | 3.35% p.a. |
| 9 months | 2.40% p.a | 3.40% p.a. |
| 12 months | 2.45% p.a | 3.45% p.a. |
| 18 months | 2.50% p.a | 3.50% p.a. |
| 24 months | 2.50% p.a | 3.50% p.a. |
| 36 months | 2.55% p.a | 3.55% 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 $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. | ||