Where banking Matters

Watch your savings grow and avoid temptation to dip into your savings

Are you looking for a secure and smart way to grow your savings? Look no further! Our Term Deposit Accounts offer the perfect solution to help you achieve your financial goals.

Transaction accounts to suit your needs

Term Deposits

A fixed term savings account offers a safe, guaranteed rate of return on your money for the life of the investment. It can be an attractive option because the interest rate is usually higher than regular savings account rates.

No account keeping fee

No monthly account or application fees

Security

Protected by the Financial Claims Scheme guarantee on deposits provision.

Fixed return on investment

You have the security of locking in a fixed rate of return.

Flexible Terms

You can choose from a range of terms to suit your needs

Open your Term Deposit

Open your 3 or 6 month Term Deposit via Internet Banking or Smartphone App if you are an existing member. For 12 month Term deposit contact FSCU

Featured Term Deposit

6 Month Term Deposit

Minimum deposit $25,000

Earn 4.30% p.a.

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Where banking matters

Interest rates

Enjoy knowing ahead of time what your investment is worth.

Guaranteed return Minimum $1,000 Terms 3, 6 & 12 months Interest Income available monthly or at maturity

Have a question or want more information? We are here to help!

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Minimum Balance

$1,000 - $4,999

$5,000 - $24,999

$25,000+

I3 - 3 Months

Interest Paid On maturity

1.95% p.a.

2.40% p.a.

4.50% p.a.

I5 - 6 Months

Interest Paid On maturity

3.50% p.a.

4.20% p.a.

4.30% p.a.

I10 - 12 Month

Interest Paid Quarterly

2.15% p.a.

2.35% p.a.

I12 - 12 Month

Interest Paid On Maturity

3.90% p.a.

4.10% p.a.

I1 - 12 Month

Interest Paid monthly

Min balance $10,000

4.00% p.a.

Hot tips

Here are our top 5 tips for selecting a term deposit:

1. Budget

Have a budget in place to cover daily expenses and avoid early withdrawal costs.

2. Hold Back Emergency Funds

Keep emergency funds separate to prevent premature withdrawals

3. Choose the right Term

Consider your finances and diversify with both short and long-term deposits.

4. Maximise your Returns

Larger initial deposits lead to higher returns, so consider maximising your contribution.

5. Stagger Maturity Dates

If you have multiple deposits, stagger their maturity dates for a steady flow of accessible funds.

The government will guarantee monies up to $250,000 per person per institution on deposits guaranteed under the Financial Claims Scheme.

Financial claims scheme guide

By following these tips, you can make informed decisions when choosing a term deposit that aligns with your financial goals and needs.

The target market determinations for these products are available on request at our branch. This is general advice only and doesn’t take into account your objectives, financial situation or needs, you should consider our General Terms and Conditions, Financial Services Guide and Privacy information and Fees and Charges before determining whether any of our products are suitable. Deposits are guaranteed subject to the Financial Claims Scheme term and conditions.