Savings and Term Deposits

Instant budgeting. Just add cash and stir. Smart ideas to help you manage your money and balance your budget.

You can attach five sub-accounts to your daily access account to divide your money for budgeting. For example, you can have separate sub-accounts to keep money for bills, groceries, loan repayments, clothes, birthdays, holidays or whatever captures your fancy.

To make it even easier, your pay - or any other regular income - can be automatically split up and deposited into the right sub-accounts in whatever amounts you want.

  • Offering you great interest rates
  • Being able to grow your savings
  • Every quarter you will receive one statement with all your sub-accounts itemised
  • You can easily track what money has come in, how much you've spent and where the balance is
  • Day or night, you can access your money by using SCU's phone or Internet banking services
 

Access Savings Accounts

A day-to-day account offering easy access to your fundsInterest up to 0.10% pa 1
  • No minimum opening balance
  • Convenient 24 hr access
  • Flexible
  • Simple to open, simple to operate
 
 
   
 
 

Cash Management Account

An account which offers you one of our highest at-call interest ratesInterest up to 2.30% pa 1
  • Great interest rates
  • Flexible
  • At call access after 24 hours
  • Online access, branch, etc
 
 
   
 

Money Market Account

Offers a higher rate of interest if you don't need to use your funds day-to-dayInterest up to 3.80% pa 1
  • High interest rates
  • Money at call
  • Online, phone and branch access
  • Simple to open and operate
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Motivator Savings Account

Keep depositing money without withdrawing for a bonus interest rateInterest up to 4.40% pa 2
  • Extra bonus rate with no withdrawals
  • Open an account with as little as $1
  • Get to your savings goal sooner
  • At call access if you need it
 
 
   
 

Term Deposit Accounts

We’ll pay you a generous interest rate on deposits between 3 months and 5 yearsInterest up to 6.20% pa 3
  • Invest from 3 months to 5 years
  • Higher interest on higher amounts
  • Ideal for short term investments
  • Interest calculated daily
 
 
   
 
 

Christmas Club Account

Earn a high rate of interest and avoid the temptation of dipping into your savingsInterest 1.75% pa
  • Great interest rate
  • Have money for Christmas
  • Withdrawals restricted until 1 Nov
  • Don't use your credit card
 
 
   
 

Super Saver Account

Introduce your children to managing their money and learning how to saveInterest 0.50% pa
  • No minimum opening balance
  • 99 free transactions
  • Range of sub accounts available
  • Limit ATM access to keep savings safe
 
 
   
 
 

BU Account

Have control over your money - all you need is $1 to get startedInterest 0.50% pa
  • No minimum opening balance
  • Minimal transaction fees
  • Range of sub accounts available
  • Simple to open
 
 
   
 

Pensioner Aware Account

Allows you to earn interest on your money - without it counting towards your incomeInterest up to 4.50% pa 4
  • Access cheque book, card, etc
  • No impact on your pension
  • Convenient 24 hr access
  • Flexible and simple to operate
 
 
   
 

 

More Information

Apply

Apply for a Savings Account

Questions?

If you have any questions, please contact us Enquire

Conditions apply to all accounts. Refer to our Savings Rates and Term Deposit Rates for details

1. Interest rate varies depending on the balance held. Refer to our Savings Rates and Term Deposit Rates for details
2. Interest rate varies depending on the balance held and on the number of deposits and withdrawls each month. Refer to our Savings Rates and Term Deposit Rates for details
3. Interest rate varies with the term of the investment, the balance deposited and the frequency of interest payments. Refer to our Savings Rates and Term Deposit Rates for details
4. Interest rate varies depending on the balance held and the status of the account (joint or single). Refer to our Savings Rates and Term Deposit Rates for details