You are here:

In this section

Saving and investing

Saving and investing - EECU

Effective dates:
Saving
19 December 2011
Term Deposit
28 December 2011

Saving




Direct Saver


A self managed savings account accessed through Netlink and Telelink, which pays a highly competitive rate of interest.
Range
Interest rate
% p.a.
Up to $99,999
4.40
$100,000 +
4.45
Interest is calculated daily and paid monthly



Bonus Target Saver


Earn bonus interest if you deposit at least $50 and make no withdrawals in the same month.
Range
Interest rate
% p.a.
Bonus
% p.a.
Total
% p.a.
Up to $4,999
0.75
4.00
4.75
$5,000 - $99,999
1.25
4.00
5.25
$100,000 +
0.50
4.00
4.50
Interest is calculated daily and paid monthly



Cash Management


High interest and facilities including auto payments, sweep facility and special purpose sub-accounts.
Range
Interest rate
% p.a.
Up to $4,999
NIL
$5,000 – $24,999
2.50
$25,000 - $49,999
3.00
$50,000 – $99,999
3.25
$100,000 – $249,999
3.75
$250,000 +
4.00
Interest is calculated daily and paid quarterly



Negotiated Deposit


Highest rate of interest of all EECU accounts when your balance exceeds $250,000.
Range
Interest rate
% p.a.
$250,000 +
Contact EECU
Interest is calculated daily and paid monthly



Access Plus


Account with high degree of access for everyday needs.
Range
Interest rate
% p.a.
All balances
NIL

Term Deposits




Classic


A classic term deposit which consistently pays better than average interest rates.
Term (months)
Interest rate
% p.a.
$1,000 – $4,999
Interest rate
% p.a.
$5,000 +
1
2.75
3.25
2
2.75
3.25
3
5.15
5.65
4
3.00
3.50
5
3.00
3.50
6
4.95
5.45
7
3.25
3.75
8
3.25
3.75
9
3.25
3.75
10
3.25
3.75
11
3.25
3.75
12
4.70
5.20
13 - 23
4.50
5.00
24
4.80
5.30
Interest paid on maturity or annually if term over 12 months



Regular Income


A term deposit which pays interest on a regular monthly basis.
Term (months)
Interest rate
% p.a.
$25,000 +
6
5.35
12
5.00
24
5.10
Interest paid monthly.



Self Managed Super Funds & Family Trusts


$100,000+
Additional 0.10% p.a. to your choice of Classic or Regular Income term deposits.
Minimum term of 3 months for Classic term deposits.

Notes to all deposit accounts

Interest rates are for products currently on offer by EECU. Rates for products not included can be obtained by contacting EECU offices. Rates are subject to change at the discretion of the Credit Union.

Fees and charges may apply. Terms and conditions, fees and charges are available from the credit union or the website. You should refer to the EECU Financial Services Guide and Everyday Banking General information and Terms and Conditions document to decide if a product is right for you.