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 22 May 2017

Term $500 – $4,999 $5,000 – $500,000
3 months 2.00% 3.00%
6 months 2.75% 3.75%
9 months 2.80% 3.80%
12 months 2.85% 3.85%
17 months N/A 4.20% Special
18 months 3.05% 4.05%
24 months 3.15% 4.15%
36 months 3.30% 4.30%
*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.