Reach your savings goals
Interest Calculated Daily
Flexible and competitive interest calculated on a daily basis. Just watch your investment grow.
Maturity Options
You can arrange to get paid interest at regular intervals (conditions apply) or on maturity to any account of your choice*
Term Length to Suit You
Choose a term that fits with the amount of time you have to invest; from 90 days to 60 months.
NZCU Term Deposit notes
- *You are advised of your options prior to maturity, including reinvesting for a further term
- The Credit Union is not rated because it is operating under an exemption from the Reserve Bank of New Zealand Act 1989 to have a credit rating
- Money from term deposits is invested into your local community to help New Zealanders succeed together.
Term Deposit Rates
Effective: 20 January 2021
(Rates subject to change without notice; rates for other terms on request)
* Interest paid or compounded quarterly
| Term | $500 – $9,999 | $10,000 – $500,000 |
|---|---|---|
| 3 months | 0.60% p.a. | 0.60% p.a. |
| 6 months* | 1.05% p.a. | 1.10% p.a. |
| 9 months* | 1.05% p.a. | 1.10% p.a. |
| 12 months* | 1.10% p.a. | 1.15% p.a. |
| 18 months* | 1.10% p.a. | 1.15% p.a. |
| 24 months* | 1.20% p.a. | 1.20% p.a. |