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Term Deposit Accounts
Police Credit’s Term Deposit accounts are ‘fixed’ term accounts. Term Deposits are available for 3 months up to 5 years to assist you with saving for those special goals. A minimum deposit of $5,000 is required, and interest is calculated daily and paid annually and/or on maturity.
Features
No risk investment – all funds are capital guaranteed
No management or account keeping fees
Competitive interest rates
Interest rates vary according to:
the term of deposit
the amount of deposit
and may vary at any time at the discretion of the Credit Union
Own branch access for over the counter withdrawals/deposits
3-60 months fixed terms are available
Minimum deposit $5,000
Interest rates vary according to amount of deposit and term
Own branch access for over the counter withdrawals/deposits
More
12 month fixed term
Minimum deposit $5,000
Subsequent deposits $2,000 minimum
Interest rates vary according to amount of deposit
More
12-60 months fixed terms available
Minimum deposit $50,000
Subsequent deposit $10,000 minimum
More
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