| Deposit Interest Rates |
Effective
as at 1st January 2009 |
Savings
Accounts |
Per
Annum % |
On
Call Savings, Budget, Whole of
Pay
- S1, S2, S3, S7
- Cheque book access |
$1
to $4,999 |
0.10 |
Portion
of balance |
$5,000 and
over |
0.25
|
Christmas
Club - S4 |
|
2.00
|
Investment
Savings - S9
- Cheque book access
(interest calculated daily paid
monthly) |
$1
to $199 |
Nil
|
|
$200 to $19,999 |
2.00
|
|
$20,000 to
$49,999 |
3.00 |
|
$50,000 and
over |
4.00
|
Golden
- S6
- Cheque book access |
Less
than $35,600 |
2.00
|
| Portion of S6 balance |
$35,600 and over |
3.25 |
E Access Account - S8
- Only Internet and Phone Banking Access |
$1 to $4999 |
2.00 |
- Direct Credits are permitted |
$5,000 to $49999 |
3.50 |
|
$50,000 and
over |
4.35 |
| |
Fixed
Term Savings Accounts $500 < $5,000 $5,000 < $25,000 $ 25,000 + |
3 months to less than 6 months 4.00 4.50 |
5.00 |
6 months to less than 12 months 4.00 4.40 |
4.55 |
12 months to 24 months 4.00 4.25 # |
4.35# |
# - Choice of Interest payable either "On Maturity" or Monthly, to a CWCU "S" Account |
|
| |
Edvest
Key Lifestyle (Interest paid Fortnightly, Monthly, Quarterly, or on Maturity) * |
Regular
Income Account $5,000 < $25,000 $25,000 + |
12 months to less than 24 months 4.25 |
4.40 |
24 months 4.25 |
4.40 |
* Edvest Key Lifestyle is only available to members 45 years old or over.
The Credit Union reserves
the right to accept and negotiate all
deposits over $100,000.
$1k
|
$5k
|
$10k
|
$25k
|
$50k
|
0.50%
|
2.00%
|
2.65%
|
3.00%
|
4.00%
|
Full Terms and Conditions
available on application
Important Notice: At the Credit Unions
absolute discretion it may consider a
request from the depositor/s for the withdrawal
of a Fixed Term Deposit prior to maturity.
If the credit union agrees to the request,
the credit union shall have the right
to reduce the interest payable on such
deposit. Interest in this circumstance
will be calculated at the credit union's
"Recast Rate" which will be the greater
of 3% below the actual deposit rate, or
the current "On Call Savings -S1" rate.
If Fixed term Deposit has been lodged
for less than 1 month at early redemption,
no interest will be payable.
Fees and Charges
may also apply
| Loan
Interest Rates (for NEW business) |
Effective as
at 1st January 2009 |
Important Notice
The information provided on this web page
about interest rates applicable to our
loan products is indicative only (for
new business). The actual interest rate
applying to a loan will be disclosed in
the "Loan Offer Document". The information
on this web page is subject to that offer
document.
The current interest
rate applying to an existing loan is available
from any Branch of the Credit Union on
request.
|
Per
Annum % Variable |
Comparison
Rate |
Classic
Car Loan* |
9.99
|
10.19 |
For
a typical loan of $20,000 over
4 years |
Drive
a Car Loan |
10.99 |
11.19
|
For
a typical loan of $15,000 over
4 years |
Housing
Loan |
6.30 |
6.36 |
| For a typical loan of $150,000 over 25 years |
Investment
Property Loan |
6.30 |
6.36 |
For
a typical loan of $150,000 over
25 years |
Mortgage
Equity Loan |
7.75
|
8.25
|
For
a typical loan of $50,000 over
7 years |
Personal
Loan less than $3,000 |
14.95
|
17.98
|
For
a typical loan of $2,500 over
2 years |
Personal
Loan $3,000 and over |
12.95
|
13.22
|
For
a typical loan of $15,000 over
4 years |
Set-Off
Loan |
6.15 |
6.41 |
For
a typical loan of $15,000 over
4 years |
Premium Personal Loan (Minimum $10,000) |
10.50
|
10.76
|
For a typical loan of $15,000 over 4 years |
|
|
Overdrafts
|
|
|
Unsecured** |
15.65
|
|
Visa Access |
13.45
|
|
Mortgage
Smart Plus |
7.00 |
|
Mortgage
Smart |
10.95
|
|
"Fixed Rate" Housing Loans for periods 1 or 2 years are also available, with interest rates quoted on
enquiry.
* Classic Car Loans are to be secured by a Bill of Sale over a vehicle no more than 4 years old
** A discount of 4.7% is available to members who currently hold a Real Estate mortgage with the Credit Union.
Note: We may remove or reduce discounts at our discretion.
|
Full Terms
and conditions available on application.
Fees and Charges
Apply.
All loans subject
to Credit Union Policy and lending criteria.
Warning
This comparison rate applies only to the
examples given. Different amounts and
terms will result in different comparison
rates. Costs such as redraw fees or early
repayment fees and costs such as fee waivers,
are not included in the comparison rate
but may influence the cost of the loan.
Comparison Rate Schedules are available
at all our branches,agencies and is on our website..
|
