Laboratories Credit Union Limited

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Fixed Term Deposits

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
2.65% 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

We are having a 12 months special Term deposit. click on this link for more information.

Email or phone LCU with the amount and term required for your investment.

Enquire

  Additional information

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 1.5% below the actual term deposit rate being redeemed.


Fixed Term Deposit Account
Interest rates
3 to 5 months2.05% pa
6 to 11 months2.15% pa
13 to 23 months2.40% pa
24 to 36 months2.65% pa
Cheque a month (12 month term)2.00% pa
Loyalty bonus0.10% pa1
Feature
Establishment Fee$0 
Minimum Amount$1,000 2
Minimum Term3 months
Interestcalculated daily, paid at maturity
Cheque a month interestinterest paid monthly
Account keeping feesNo
Automatic Deposits (salary / account)Yes
Early access availableOn application3


 

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.