If you have a longer term goal and can resist the temptation of dipping into your funds, consider a term deposit.


Your return and interest rate are fixed with flexible interest payment options available. You can invest a substantial amount, or as little as $1000 at a competitive interest rate and term that suits you - from 30 days up to five years. 


  • Start saving today with as little as $1,000
  • Reinvest or change your term and interest rate at maturity
  • Eligible deposits under the $250,000 cap are Government guaranteed*


12 month - Interest paid on maturity

5.40 % p.a.
Terms Available (Min $1,000) Interest paid on maturity or annually Interest paid monthly
5 years 4.25% p.a. 4.20% p.a.
4 years 4.25% p.a. 4.20% p.a.
3 years 4.85% p.a. 4.80% p.a.
2 years 4.85% p.a. 4.80% p.a.
1 year 5.40% p.a. 5.35% p.a.
9 months 5.30% p.a. 5.25% p.a.
6 months 5.20% p.a. 5.15% p.a.
3 months 4.85% p.a. 4.80% p.a.

Product Features:

Saving Features
Minimum opening deposit : $1,000
Funds available : At maturity
Statement options : Online statements
Monthly account fee : $6 - exempt when membership balance is over $5,000
Transaction fees : N/A
Service centre access : Yes
Online, Mobile and Phone banking : Yes
Visa debit card : No
Direct credit : No
Direct debit : No
Quick debit : No
Periodical payment : No
Bank@Post : No
Interest calculation : Calculated on daily balance and paid monthly, annually or at maturity
Conditions : Early withdrawal will be allowed at the discretion of the Bank on 31 days notice. Reduced interest rates may apply.

Savings calculators

Discover your savings potential and estimated interest earnings with our savings calculators.

Our awards

Our Term Deposits have achieved great success being independently recognised by finance industry experts Canstar and Mozo, for achieving great value and innovative features across a range of different term lengths, from one month to five years.

* For more information on the Australian Government guarantee, visit our Financial Claims Scheme page