My Credit Union

Term Deposits



Up to
1.50% pa
Interest Rate (for $5k and over for 60 months with yearly payments)

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Term Deposits are fixed term investment options guaranteeing specific rates of return.1

  • $500 minimum investment
  • choice of different interest payment frequencies – on maturity, annually, six-monthly, quarterly and monthly
  • interest can be credited to your nominated account
  • investment terms from 1 month through to 60 months
  • for the complete schedule of terms and rates, refer to Savings and Investment Rates
  • rates on deposits over $250,000 may be negotiable
  • for rates on deposits over $500,000, phone 1300 361 761 or visit your local Branch
  • the balance in Term Deposits contribute to your Average Relationship Balance and is used to calculate your monthly Fee Allowance to offset everyday fees – refer to Fees & Charges for more information
  • SERVICE ONE Alliance Bank deposits are deposits of Bendigo Bank and are covered by the Federal Government’s Financial Claims Scheme

  Term Deposit Product Features:
Term Deposit
Best Interest Rate
Maximum rate1.50% pa
Minimum Rate0.50% pa
Minimum term (years)1 month 
Maximum term (years)5 
Interest CalculationDaily, paid monthly, quarterly, yearly or at maturity, depending on term option
Minimum amount$500 
Funds availableAt maturity 




Term deposit rates

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  Related information:


Things you should know:

Terms and conditions apply and fees and charges are payable.

1 All interest calculated daily. The interest rate will be the rate applicable on the date of acceptance of the application. Interest rates on deposits over $250000 may be negotiable.