Interest Rates

Effective 14 December 2019

On Call: ($0 – $1,500,000)  Success Saver:   1.60% p.a

Term Deposits

Term $1,000 – $1,500,000
1 month 1.00% p.a.
2 month 1.00% p.a.
3 months 2.15% p.a.
4 months 2.35% p.a.
5 months 2.40% p.a.
6 months 2.70% p.a.
9 months 2.75% p.a.
12 months 2.70% p.a.
18 months 2.70% p.a.
24 months 2.80% p.a.
36 months 2.80% p.a.
48 months 2.85% p.a.
60 months 2.85% 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
Minimum shareholding is $1,000
– Maximum total shareholding permitted per customer is $1,500,000
– If an early withdrawal is approved by NZCU South, a reduced rate of    interest will apply as follows:
a) If a term deposit is withdrawn, in full or in part, within the first 30 days, 0% interest will be applied to the withdrawn portion.
b) Where the term deposit is withdrawn, in full or in part, before the maturity date but after the first 30 days, a reduced interest rate will be applied calculated using the advertised rate at the time the term deposit was opened, for the actual term the money was invested (as determined at our discretion), less 2%. The applicable interest rate will not reduce below 0%.
Interest rates are subject to change.
These Credit Union deposits are secured by a registered first ranking Trust Deed.

Personal Loans

Loan against Savings From 10.50% p.a (Subject to change)
Personal Loans From 8.9% p.a
Normal lending criteria applies

Home Loans – Effective 1 December 2019

Floating   5.65% p.a.
Fixed 6 months 4.99% p.a.
  12 months 4.75% p.a.
  18 months 4.75% p.a.
  24 months 4.75% p.a.
Click here to view our Product Disclosure Statement.
> Other rates may apply depending on your personal circumstances and level of equity
> Interest rates are indicative only and may be subject to change without notice

Click here to view a complete list of our interest rates.