Farm Management Term Deposits

There are some real benefits in selecting a Farm Management Term Deposit with BCU and letting your money earn a higher rate of interest than normal deposit accounts. The Farm Management Term Deposit has been designed to enable farmers to set aside cash reserves in good years to help met costs during low income years. You can start with as little as $1000!

Benefits of a BCU Farm Management Term Deposit

Secure and flexible saving options.
Attractive rates of interest to make your savings grow.
Fixed interest rate for the term of your deposit providing guaranteed income.
No set-up or account keeping fees to save you money.

Features at a Glance

Minimum Investment

$1 000

Maximum Investment

$400 000

Term

12 months

Interest Calculated

Daily

Interest Rates

Tiered

Interest Payment Method

Interest can be credit to your nominated account or paid to you by cheque on maturity

Early Redemption

Yes*

Statement

Yes

Costs

No Entry/Exit Fees. No monthly service or management**

Purpose

Designed to enable Farmers to set aside cash reserves in good years to help met costs during low income years

* For early redemption reduced interest provisions and conditions, please refer to the Terms and Conditions Statement.

**Refer to current Fees & Charges Schedule

For legislation information specific to Farm Management Deposits on the ATO website please click here.

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