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Interest Rates

Effective 3 September 2010

Savings Accounts
Success Saver  
$100,000 to $250,000    3.50% p.a.
$20,000 to $99,999 2.75% p.a.
$5,000 to $19,999 2.00% p.a.
Up to $4,999 2.00% p.a.
   
Everyday Account
 1.00% p.a 
Bill Pay 0.00% p.a 
Goal Saver 1.50% p.a 
Loyalty Saver 1.00% p.a 
Christmas Saver 2.00% p.a 
Jimmy J 2.75% p.a 
Retirement Saver 3.00% p.a + 0.50% bonus (bonus applies if there are no withdrawals in the past 12 months)
  • Deposit up to $250,000
  • Interest is calculated daily and compounds monthly
  • Interest rates quoted apply to the whole account balance and may vary at any time
  • One free withdrawal per month

Term Deposits
Term $1,000 up to $250,000
1 month 3.75% p.a.
2-3 months 3.75% p.a.
4-5 months 5.00% p.a.
6 months 5.30% p.a.
9 months 5.30% p.a.
12 months 5.50% p.a.
18 months 5.75% p.a.
24 months 6.00% p.a.
36 months 6.50% p.a.
48 months 6.75% p.a.
60 months - NEW! 7.00% p.a.
  • Interest is calculated on a daily basis.
  • Deposit from as little as $1,000 up to $250,000.
  • Investors are advised of their options prior to maturity.
  • Maximum Total Shareholding permitted per Customer is $250,000.00.
  • These Credit Union deposits are secured by a registered first ranking Trust Deed.
  • Click here to view the NZCU Baywide Investment Statement

Personal Loans
Secured base rate from *13.45% p.a.
*Actual rate may vary as it is determined by individual circumstances
Loyalty Saver Secured 8.50% p.a.
   
Overdrafts:  
Secured 15.45% p.a.
Unsecured 20.45% p.a.
  • These are indicative rates only and may be subject to change without notice.

Home Loans
Floating: 6.35% p.a. 
   
Fixed:  
6 months 6.50% p.a.
12 months  6.60% p.a.
24 months 6.85% p.a.
36 months 7.25% p.a.
  •  Normal lending criteria applies. 

Credit Union Baywide shares are secured by a first ranking registered Trust Deed. NZCU Baywide investments are covered by the Deposit Guarantees Scheme.

A copy of our Investment Statement and Prospectus is available free of charge from our office at:

303 Karamu Road North, Hastings 4122

Main Office Tel: (06) 873 1100
Email: enquiries@nzcubaywide.co.nz