Interest Rates

Effective 1 December 2020

Success Saver

Tiers Interest rate
Up to $4,999 0.15% p.a.
$5,000 to $19,999 0.35% p.a.
$20,000 to $99,999 0.55% p.a.
$100,000 and over 0.65%p.a.
  • Maximum deposit $1.5 million per customer
  • Interest rates quoted apply to the whole account balance
  • Interest calculated on the minimum daily balance and paid monthly
  • Interest rates are indicative only and may be subject to change without notice

Term Deposits

Term $1,000 – $1,500,000
1 month 0.15% p.a.
2 month 0.15% p.a.
3 months 0.50% p.a.
4 months 0.60% p.a.
5 months 0.70% p.a.
6 months 0.90% p.a.
9 months 0.95% p.a.
12 months 1.00% p.a.
18 months 1.05% p.a.
24 months 1.10% p.a.
36 months 1.15% p.a.
48 months 1.15% p.a.
60 months 1.15% p.a.
– Interest is calculated on a daily basis
− Investors are advised of their options prior to maturity
− Minimum deposit is $1,000 for adults and $500 for children under 18 years old
− Maximum deposit $1.5 million per customer
− Interest rates are current as at the date of this document and may be subject to change without notice
− If an early withdrawal is approved by NZCU South, a reduced rate of interest will apply as follows:
− If a term deposit is withdrawn, in full or in part, within the first 30 days, 0% interest will be applied to the withdrawn portion.
− Where the term deposit is withdrawn, in full or in part, before the maturity date but after the first 30 days, a reduced interest rate will be applied calculated using the advertised rate at the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 21 July 2020

Floating   5.65% p.a.
Fixed 6 months 3.99% p.a.
  12 months 3.95% p.a.
  18 months 3.95% p.a.
  24 months 3.85% 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.