Do I have to be a member to open a Fixed Term Account?
The credit union is a mutual financial services organisation and as such is owned by its members, each one of whom is a shareholder. Therefore you must be a member of the credit union to open a Fixed Term Account.
Eligibility to join is exclusive to employees and members of their families, of Alcoa of Australia, Portland Aluminium, Alcoa Kaal Australia or their subsidiaries or of a contractor to one of these companies. Learn more about membership.
How much do I need to deposit to open an account?
You can open a Fixed Term Account with a minimum of $1,000.
How do I make deposits to my account?
You can make deposits to your FixedTerm Account account over the counter by either direct deposit or transfer from your savings account.
How do I make withdrawals from my account?
Your funds are available at the end of your chosen term.
What happens at maturity?
At maturity you can:
- Automatically re-invest your funds for another term
- Add extra funds
- Withdraw all or part of the funds
Note: you will receive written advice of the pending maturity of your Fixed Term Account.
How often will I receive information on my account?
Statements are issued quarterly. Duplicate statements can be requested at any time from one of our branches.
Account Balances and Statements are also available through our Internet and phone banking services.
Decided on the Fixed Term Account that's right for you?
Apply using our simple online application form.
Want to know more?
Want to try and save more? Read our Budgeting Tips or use our online Budget Calculator.
Contact one of our friendly staff who will be happy to answer any questions you may have.
Geelong: 03 5245 1739 | Portland: 03 5521 5333 | WA: 08 9531 6161 | Yennora: 02 9681 9642
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