Deposit rate changes

We’re making changes to our deposit rates.

Effective Thursday 5 November 2020, we will be updating the rates on our deposit products.

As a Credit Union it is important that we continue to balance the needs of all our customers. In recent months our deposit customers have been able to enjoy higher rates of interest as we held on rates when our competitors made a decision to move. We are committed to continuing to offer competitive rates across our loan and deposit products, however at this stage, we have made a decision to reduce some of our interest rates across our Everyday Plus, Bonus Saver and Term Deposits to bring these in line with the market.

A complete breakdown of the updates can be found here.

We understand that many of our customers may have questions about the changes. If you’d like to speak to a member of our team, please call us on 13 22 49.

 

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