Interest Rates

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Interest Rates

Lending Interest Rates

Effective as at 17th April 2025- For more information, visit our Lending section

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.

Loan Interest Rates

Loan Type

Per Annum % Variable

Comparison Rate

Special 2 year Fixed Rate Smart Home Loan (from 1 March 2025)

4.99^e

5.91 (For a typical loan of $150,000 over 25 years)

Special 2 year Fixed Rate Smart Investment Home Loan (from 1 March 2025)

4.99^e

5.91 (For a typical loan of $150,000 over 25 years)

Premium Smart Home Loan (Minimum $150,000 new money)

6.04

6.08 (For a typical loan of $150,000 over 25 years)

Minimiser Home Loan (Minimum $100,000)

6.74

6.81 (For a typical loan of $150,000 over 25 years)

Smart Home Loan (Minimum $10,000)

7.25

7.31 (For a typical loan of $150,000 over 25 years)

Smart Investment Home Loan (Minimum $10,000)

7.56

7.62 (For a typical loan of $150,000 over 25 years)

Fixed Rate Smart Investment Home Loan (Minimum $75,000) (from 12th May 2025)

1 Year - 5.99^a

7.45 (For a typical loan of $150,000 over 25 years)

2 Years - 5.89^a

7.28 (For a typical loan of $150,000 over 25 years)

Fixed Rate Smart Home Loan (Minimum $75,000) (from 12th May 2025)

1 Year - 5.79^b

7.21 (For a typical loan of $150,000 over 25 years)

2 Years - 5.69^b

7.11 (For a typical loan of $150,000 over 25 years)

Investment Property Loan (non Residential)

7.80

7.88 (For a typical loan of $150,000 over 25 years)

Set-Off Loan

7.25

7.46 (For a typical secured loan of $30,000 over 5 years)

Mortgage Equity Loan

7.85

9.00 (For a typical secured loan of $30,000 over 5 years)

Classic Car Loan

For a typical secured loan for $30,000 over 5 years

a) Secured by a New vehicle

b) Secured by a vehicle no more than 5 years old.

c) Secured by a vehicle over 5 & < 10 years old.

7.90

8.05

9.74

8.12 (For a typical secured loan of $30,000 over 5 years)

8.27 (For a typical secured loan of $30,000 over 5 years)

9.97 (For a typical secured loan of $30,000 over 5 years)

Premium Personal Loan (Minimum $10,000)

9.74

10.76 (For a typical unsecured loan of $10,000 over 3 years)

Personal Loan

10.74

11.77 (For a typical unsecured loan of $10,000 over 3 years)

Overdrafts

Smart Plus (Secured by Mortgage over residential property)	7.70
Smart (Unsecured - only available with a Smart Home Loan)	9.45
Visa Access ^c	12.50
Unsecured ^d	12.50

Business Lending

Business Loan (Secured) Base rate plus a margin will apply depending on security	7.85
Business Loan (Unsecured)	11.70
Business Car Loans - Rates are the same as for Personal Classic Car Loans detailed above
Business Smart Overdraft (Secured) Base Rate plus a Margin will apply, depending on security	7.85
Business Smart Overdraft (Unsecured) ^d	11.99

^a On expiry of the fixed rate term, the Annual Percentage Rate will be our Smart Investment Home loan rate.
^b On expiry of the fixed rate term, the Annual Percentage Rate will be our Smart Home loan rate.
^cAdiscountof 3% is available to members who currently have a Smart Home Loan with the Credit Union
^d A discount of 2.0% is available to members who currently hold a Mortgage Secured Loan with the Credit Union
^e On expiry of the fixed rate term, the Annual Percentage Rate will be our Minimiser Home loan rate.

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 Lending Policy criteria.

WARNING
The 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 cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Deposit Interest Rates

Effective as at 17th April 2025 - For more information, visit our Deposit section

Deposit Accounts

Account Name	Account Type	Balance Tiers	Interest Rate Per Annum %
On Call Budget No 2 Whole of Pay	S1 S2 S3 S7	$1 to $4,999.99 $5,000 and over*	0.05 0.05(*on this portion of total balance)
Christmas Club	S4	Whole Balance	1.60
Community Proud Investment Savings	S5 S9	$1 to $199.99 $200 to $19,999.99 $20,000 to $49,999.99 $50,000 and over	Nil 1.40 1.60 2.00
Golden	S6	$1 to $24,999.99 $25,000 and over*	1.40 1.80 (* on this portion of total balance)
E Access Saver	S8	$1 to $4,999.99 $5,000 to $49,999.99 $50,000 and over	1.45 1.65 2.05
Cash Management Mortgage Smart Plus Business Smart	S10 S12, S18 S90	$1 to $4,999.99 $5,000 to $9,999.99 $10,000 to $24,999.99 $25,000 to $49,999.99 $50,000 and over	1.35 1.40 1.50 1.60 2.00
Pocket Rocket School	S14	Whole Balance	1.90

Fixed Term Deposit Accounts

$500 to less than $5000

Term	Account Type	$500 < $5000
3 Months to less than 6 months	I8	2.25
6 months to less than 12 months	I1	2.25
12 months to 24 months	I5	2.25

$5,000 +

Term	Account Type	$5000 +
3 Months to less than 6 months	I6	2.90
6 months to less than 12 months	I3	3.30
12 months to less than 18 months	I4	4.00
18 months to 24 months	I4	3.75

'Regular Income Account' $5,000 +

Term	Account Type	$5000 +
12 months to less than 18 months	I15	3.80
18 months to less than 24 months	I17	3.70

The Credit Union reserves the right to accept and negotiate all deposits over $100,000.

Full Terms and Conditions available on application.

Important Notice: The Credit Union gives the depositor the right to redeem their Fixed Term Deposit (in full) prior to maturity, subject to at least 7 days notice being provided . The Credit Union shall have the the right to reduce the interest payable on such deposit where redeemed prior to maturity. Interest in this circumstance will be calculated at the credit union's "Recast Rate" which will be the greater of either 2% below the existing deposit rate, or the current maximum "On Call Savings -S1" rate available. If Fixed term Deposit has been lodged for less than 1 month at early redemption, no interest will be payable.

Refer to the Summary of Accounts and availability of Access Facilities for how Interest is calculated, when Interest is paid and how to access the accounts.

Fees and Charges may also appl