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Deposit Rates

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Savings Accounts

S1 On Call Savings Account Interest Rate
$1 - $9999 0.01% pa
$10,000 and over 0.01% pa
S50 E*Saver Interest Rate
$0 - $999 0% pa
$1,000 and over 0.15% pa
S51 E*Saver Business Account Interest Rate
$0 - $999 0% pa
$1,000 and over 0.05% pa
S4 Christmas Club Interest Rate
$1 and over 0.10% pa
Business Account S10 Interest Rate
$1 - $9,999 0.01% pa
$10,000 to $49,999 0.01% pa
$50,000 to $99,999 0.03% pa
$100,000 and over 0.05% pa
S34 Savvy Saver Account* Interest Rate
$0.01 to $100,000 0.45% pa
$100,000.01 to $500,000 0.35% pa
$500,000.01 to $1,000,000 0.25% pa
$1,000,000.01 and over 0.15% pa
Interest Calculation The rate applies to the entire balance
Base interest rate 0.01% pa

*The interest rate is variable, is calculated daily on the whole balance and credited monthly.
The member must make a deposit of at least $200 per month and not make any withdrawals within the month to receive the bonus interest.
If the bonus conditions aren’t met the interest rate is 0.01%
 

S33 Young & Free Student Account Interest Rate
$1 - $1,000 3.50% pa

For balances over $1,000 please refer to the S1 interest rates
Only available for current LCU members and their family who are High School and or Tertiary students with a regular monthly income

Fixed Term Deposits Interest Rate
3 - 5 months 0.40% pa
6 - 11 months 0.65% pa
12 months 2.40% pa
13 - 23 months 2.60% pa
24 - 36 months 2.90% pa
Loyalty bonus +0.10% pa*

Interest paid on maturity. Minimum deposit $1,000 (members under 18 years old minimum $500). For deposits over $500,000 rates by negotiation.
*If 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.

Fixed Term Deposit - Monthly Interest Interest Rate
12 Months 2.00% pa

Interest paid monthly or quarterly – minimum deposit $5,000. The loyalty bonus offer does not apply to the cheque a month term deposit.

 

Rates current as at 01/06/2022 and subject to change.
  Additional information

Questions?

If you have any questions, please contact us.