The Credit Union provides short and long term deposits at competitive rates of interest. The credit union offers the following terms:
For the current rates of interest, please refer to Rate tab on the HOME page. Interest is calculated on a daily basis and paid upon maturity.
Terms are automatically renewed for the same term, at rates applicable at the time of renewal unless instructed differently by the member.
Redeemable terms withdrawn prior to maturity will be subject to a cancellation penalty equal to 50% of the interest accrued from date of deposit to date of withdrawal.
All deposits are redeemable with ‘no penalty’ in the event of death.