You may have a substantial amount of money or as little as $1,000 which you want to invest and earn interest on. G&C Mutual Bank offers Term Deposits ranging from 30 days up to 5 years, offering you flexibility to put money away for a length of time that suits you best.
How a term deposit will help me?
Benefits for me!
- Start saving today with as little as $1,000.
- Certainty of a fixed rate of return.
- Terms from 30 days up to 5 years.
- No account keeping fees.
- Flexible interest payment options.
- Self-managed super funds welcome!
- Know your money is safe with G&C Mutual Bank! $250,000 deposit is Government Guaranteed under the Financial Claims Scheme
|Terms Available (Min $1,000)
Interest paid on
|Interest paid monthly
|2 years||2.80% p.a.
1 year (amounts less than $250,000)
|7 months special||2.50% p.a.||2.35% p.a.|
Interest rates effective 4 April 2017
*These rates apply to retail deposits only. These rates are only offered if the member nominates for interest to be paid on maturity or when the term exceeds one year where interest must be paid annually. Monthly, quarterly and six monthly interest is available with a reduction on the current rate. Where funds are withdrawn from a term deposit account prior to maturity, a reduced rate of 1% interest applies. For terms outside of the advertised rates, call 1300 364 400 or visit your local Service Centre for more details.