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Catholic Development Fund
Diocese of Maitland-Newcastle
Interest Rates 

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The CDF offers members, both individual and church clients, attractive rates of interest on their savings and investment accounts. Combined with the rare benefit of having no fees or charges on any account, the interest rates offered by the Fund add up to significant savings for you.

Please read our Disclosure Statement before investing.

Term Deposits

The CDF aims to provide excellent rates of interest to all our investors no matter how much you have to invest. Therefore, we pay the same competitive rate for all deposits, big or small.

For large deposits, however, please feel free to contact the Fund on
1800 810 330 as we are happy to negotiate terms and rates whenever possible.

Rates as at 18th January 2010

Term Rate
3 to less than 6 months 5.30% pa
6 to less than 12 months 5.80% pa
12 months 6.00% pa

Interest is fixed for the full term and paid at maturity

Term Rate
12 months 5.80%

Interest is paid monthly by cheque, electronically to your bank, building society or credit union or to your CDF at-call account.

HarbourPremium Saver Account

$0.00 - $5000 2.50% pa
$5000.00 & Over 3.50% pa *
* This rate will be paid on the entire balance

Interest is paid quarterly.

 

Christmas Club Account

You receive 1.5% pa on your Christmas savings - an excellent rate.
Interest is paid on 31st October.

Pensioner Club Account

On part of balance between $0.00 - $41,000 2.00% pa
On part of balance over $41,000 3.00% pa

These rates are the deemed rates set by the government. Interest is paid on 30th June and 31st December.

Student and Savings Accounts

On part of balance between $1.00 - $999 0.50% pa
On part of balance between $1,000 - $19,000 1.50% pa

Interest for these accounts is credited on 30th June and 31st December annually.

Interest on all accounts is calculated on the daily balance and all rates are subject to change without notice.

 

 
 
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