RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Example Interest Rates: Home Loan Variable: 5.69% (5.89%*) • Home Loan Fixed: 5.39% (6.59%*) • Fixed: 5.39% (6.59%*) • Variable: 5.69% (5.89%*) • Investment IO: 5.69% (6.48%*) • Investment PI: 5.39% (6.59%*)

  Monthly Interest 12 Month Term Deposit

Get a monthly income on your investment
Category: Term Deposits  Last Updated June 7, 2024  Effective November 1, 2024

 Product Features

  • Other Additional Information: The minimum term available for this product is 12 months
  • Other Additional Information: Scaled panalty applies, see linked URI
  • Other Additional Information: Under the FCS certain deposits are protected up to a limit of $250,000 for each account holder at any bank, building society, credit union or other authorised deposit-taking institution (ADI) that is incorporated in Australia and authorised by the Australian Prudential Regulation Authority (APRA).

 Product Eligibility

  • Natural Person
  • Residency Status - If Not An Australian Resident, You Must Complete A Tax Residency Declaration.
  • Other Additional Information: Must be a shareholder owning a $10 share. Each shareholder holds an equal share regardless of their balance. Shareholders have a say in how we are run. "Own your Bank". $10 share is refunded if you choose to close your account.
  • Other Additional Information: To be eligible to join you must be at least 8 years of age and referred by a family member or friend who already has an account with LCU. Alternatively you may be eligible to join if you: work or live in the greater Ryde area; have an association with Riverside Corporate or Macquarie Park; or work in a STEM industry.

 Limitations & Restrictions (Constraints)

  • Min Balance of 1000.00 Additional Information: Minimum amount to open a Fixed Term Deposit is $1,000
  • Max Balance of 500000.00 Additional Information: Any deposits above this are at the Credit Union's discretion

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Download our complimentary 650-page guide on marketing for mortgage brokers. We'll show you exactly how we generate billions in volume for our clients.
Finance Guide, Cropped Top and Bottom
  Timezone: 1 · [ CHANGE ]

■ ■ ■

 
Download our complimentary 650-page guide on marketing for mortgage brokers. We'll show you exactly how we generate billions in volume for our clients.
Finance Guide, Cropped Top and Bottom
  Timezone: 1 · [ CHANGE ]

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