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Preschools

Preschool Term Deposits

Get a guaranteed rate of return and flexible terms.

Capitalise on your Preschool's interest earnings – our Preschool Term Deposits offer competitive interest rates, a guaranteed rate of return and flexible terms.


Benefits and Features:

  • Flexible terms – Funds can be locked away for the short term (30 – 90 days) or for a longer period (120 – 180 days). Longer terms available upon request.
  • A fixed rate of return.
  • A highly secure way to grow your money.
  • Internet and Phone Banking access.

Your Preschool's interest earnings can be transferred to a nominated Account upon Term Deposit maturity, as a continuous source of cash flow. Alternatively, interest can be re-invested to make the most of compound interest earnings.

Secure Access

Only signatories and authorised staff (for example, your Treasurer) can access account information and check balances by calling the Credit Union or via Phone and Internet Banking.

Rates & Fees

Preschool Term Deposits1,2
  $500- $4,999 $5,000- $99,999 $100,000+
One Year (I40) (LS&SL Provisions) 5.20% p.a. 5.20% p.a. 5.20% p.a.
30 - 90 Days (I41) N/A 5.60% p.a. 5.60% p.a.
120 - 180 Days (I43) N/A 5.60% p.a.
5.60% p.a.

Terms and Conditions

Part A - Product Information
Part B - Fees and Charges
Part C - Interest Rates (Schools & Preschools)

  1. Interest Rates effective 20 December 2011.
  2. A Term Deposit interest rate reduction applies on early withdrawals, with interest paid at the reduced rate from the date of deposit to the day prior to withdrawal. Where the withdrawal reduces the 'Fixed Term Deposit' balance to an amount that attracts a lesser rate, that lesser rate shall apply for the remainder of the term.

Calculators

Budget Calculator

Wondering where your money goes? Help plan for the future by doing your budget online.

 

More Information

Download

Schools and Preschools

Further information on our School and Preschool banking products and services.

 

How do I apply?

Book

Apply today

To apply for a Preschool Term Deposit call one of our friendly Member Service Consultants on 1300 654 822 or contact your local Relationship Officer.


NB: To apply, your School must be a Member of the Credit Union. Become a Member now.