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 19 February 2018

Term $500 – $4,999 $5,000 – $500,000
1 month 1.00 2.00%
3 months 1.90% 2.90%
6 months 2.40% 3.40%
9 months 2.60% 3.60%
12 months 2.70% 3.70%
18 months 2.90% 3.90%
24 months 3.10% 4.10%
36 months 3.25% 4.25%
*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.


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