RateCity
As with most credit unions, Illawarra Credit Union was established for its community members to save together and lend to one another at a fair rate of interest. Since 1972 Illawarra Communities have been receiving benefits through competitive interest rates and low fees for financial products and services. Today, the credit union has close to 40,000 members and operations out of 9 branches from Campbelltown through to Nowra in New South Wales.
Product Details
- Company
-
- Nominal Rate
- 5.3%
- Effective Rate
- 5.41%
- Payment Frequency
- At Maturity
- Maturity Alert
-
- Partial Withdrawal Penalty
- No
Product Features
Automatic rollover y
Whether your term deposit account will automatically roll over to a new account with the same term once it reaches maturity if you do not instruct otherwise
Partial withdrawal n
Partial withdrawal permitted: If this account allows customers to partially redraw on their account without being penalized.
Int paid via other institution y
Whether the interest dividend can be paid into an account held with another financial instituion
