Victoria Teachers Mutual Bank is one of Australia’s leading financial institutions, having won many independent awards for the exceptional value and outstanding service we provide to our customers. By becoming a customer, you also become an equal shareholder, which means all the benefits get returned to you as there are no outside shareholders to satisfy. Although the bank was started by a group of educators in 1972 and we focus on people who work in education, anyone is welcome to bank with us. To find out more, visit us at victeach.com.au or call 1300 654 822.
- Nominal Rate
- Effective Rate
- Payment Frequency
- Maturity Alert
- Partial Withdrawal Penalty
- Compounding Interest
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 permitted: If this account allows customers to partially redraw on their account without being penalized.
Whether the interest dividend can be paid into an account held with another financial instituion