30 Days Notice of
Withdrawal account (S8)
High interest earning savings account.
S8 interest rates:
|
$500 to $25,000
|
3.28% p.a.
|
|
$25,001 to $100,000
|
3.38% p.a.
|
|
$100,001 to $150,000
|
3.48% p.a.
|
|
$150,001 plus
|
Rate on application
|
Pro-rata interest for initial deposit then calculated on the daily
balance and paid on the last day of each month.
|
|
Term Deposit Interest
Rates - Effective 15/12/08
|
|
$1,000 to
$25,000
|
$25,001 to
$100,000
|
$100,001 to
$150,000
|
$150,001
plus
|
|
30 Days
|
3.28% p.a.
|
3.38% p.a.
|
3.48% p.a.
|
ROA
|
|
3 Months
|
4.81% p.a.
|
4.91% p.a.
|
5.01% p.a.
|
ROA
|
|
4 to 8 Months
|
3.92% p.a.
|
4.02% p.a.
|
4.12% p.a.
|
ROA
|
|
9 to 11 Months
|
3.90% p.a.
|
4.00% p.a
|
4.10% p.a..
|
ROA
|
|
12 Months
|
4.11% p.a.
|
4.21% p.a.
|
4.31% p.a.
|
ROA
|
|
13 Months
|
4.50% p.a.
|
4.50% p.a.
|
4.50% p.a.
|
ROA
|
|
24 Months
|
4.338% p.a.
|
4.43% p.a.
|
4.53% p.a.
|
ROA
|
ROA - Rate On Application |
|
How to open a Term
Deposit Account
Download an application for term deposit
account (PDF), complete with your instructions (with cheque
attached or transfer of funds details) and forward to our
office. We also offer QuickDebit, a
time-saving and convenient way to transfer necessary funds from a
non-credit union account. Simply complete the Direct
Debit Request (PDF) and return it together with your
application for term deposit to the Circle Credit office.
Regulatory Environment
Circle Credit Co-operative Limited is supervised by APRA,
the Australian Prudential Regulation Authority. This
government organisation sets prudential ratios for banks, credit
unions and other authorised deposit taking institutions. APRA’s
prudential standards ensure that our members may be satisfied in
the knowledge that the level of supervision of credit unions is as
rigorous as for any other financial institution.
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