Looking for an excellent return on your investment and don't require immediate access to your funds? Take a look at our term deposit accounts.
Our Fixed Term Deposit accounts are a great way to earn interest on money that you do not need to immediately access. We offer Term Deposit accounts over a variety of terms to fit in with your investment requirements.
Earn up to 0.85% pa
interest rate
+
0.10% pa
Loyalty bonus1
Interest paid monthly or at maturity
Interest rate fixed for the term of the investment
Early access available3
Email or phone LCU with the amount and term required for your investment.
Rates are subject to change. Please refer to our rates and fees page. 1If you roll over your Personal Term Deposit (for the same or a different term) and you hold all of your funds in your new Personal Term Deposit until the maturity date, you will be rewarded with a loyalty bonus - a non-cumulative add-on to the standard Personal Term Deposit interest rate applicable at roll over.
Cheque a month: Interest paid monthly or quarterly - minimum deposit $5,000. The loyalty bonus offer does not apply to the cheque a month term deposit. 2Interest paid on maturity. Minimum deposit $1,000 (members under 18 years old minimum $500).For deposits over $500,000 rates by negotiation. 3If a term deposit is redeemed early we will calculate the interest at 0.5% below the actual term deposit rate being redeemed.
1 If you roll over your term deposit (for the same or different term) and you hold all your funds in your term deposit until the maturity date, you will be rewarded with a loyalty bonus- a non-cumulative add-on to the standard term deposit interest rate applicable at roll over. The loyalty bonus does not apply to the cheque a month term deposit.
2 The minimum amount for members under 18 years old is $500.
3 If a term deposit is redeemed early we will calculate the interest at 1.5% below the actual term deposit rate being redeemed.