Lysaght Credit Union Ltd. 13 Auburn Street Wollongong NSW 2500
ABN 79 087 650 226 AFSL 244520
Interest Rates
Savings Accounts
At call savings-S1
as at 1st November 2008
Balance over $50,000 Balance between $19,999 & $49,999 Balance up to $19,999 Whole sum Under $1,000 Over $1,000 same as S1 same as S1 0.75% 0.50% 0.10% 0.10% 1.00% 2.00%
Budget savings-S2 Christmas club-S3 E.S.P -S4 Business Accounts – S7
Notice of Withdrawal
24 Hours Notice of Withdrawal Minimum Withdrawal of $200.
as at 1st November 2008
Balances over $50,000 Balance between $25,000 & $49,999 Balance between $500 & $24,999 Balance up to $499 6.00% 5.50% 4.00% 0.10%
Deeming
Deeming account for 55s
as at 1st November 2008
Balances up to $41,000 For balances above $41,000 on the amount above $41,000 4.00% 6.00%
Investment Accounts
TERM 12 months 12 months 6 months to less than 12 6 months to less than 12 3 months to less than 6 3 months to less than 6
as at 1st November 2008
INTEREST PAID At maturity Monthly At maturity Monthly At maturity Monthly $1,000 - $4,999 5.80% 5.65% 6.00% 5.85% 6.20% 6.05%
I4 I2 I3 I5 I7 I9
$5,000 - $49,999 6.00% 5.85% 6.30% 6.15% 6.70% 6.55%
I4 I2 I3 I5 I7 I9
$50,000 + 6.10% 5.95% 6.35% 6.20% 6.75% 6.60%
I4 I2 I3 I5 I7 I9
UNDER 18’s TERM DEPOSIT Between 3 and 6 months At maturity
$500 - $4,999 I1 6.50%
All accounts daily interest Rates may change at any time. Please call this office for confirmation of latest rates. Investment rates may change between time of notice and maturity date. Terms & Conditions Apply.
Loans
as at 1st November 2008
12.50%
Terms and conditions available on application Fees and charges apply. Overdrafts / Overdrawn Accounts FOR LYSAGHT CREDIT UNION LOAN RATES PLEASE TURN OVER
This Schedule of Interest Rates forms Part 4 of Lysaght Credit Union’s Product Disclosure Statement (PDS) for Savings Accounts, Payment Services and Term Deposits dated 1st July 2005. This PDS is current from the above date and includes: Part 1 – Product & Services Summary, Part 2 – Terms & Conditions, Part 3 – Schedule of Fees & Charges, Part 4 – Schedule of Interest Rates.
Comparison Rate Schedule
Car Loans and Personal Loans Variable Interest Rates Car / Personal Loans Interest Rate (p.a) Amount Term $5,000 2 years $10,000 3 years $15,000 4 years $20,000 5 years $25,000 5 years $30,000 5 years
Based on Weekly Repayments.
1st November 2008
New Cars
Cars 1-3 Years
Cars 3-5 Years
Personal Loans
8.40%
8.94% 8.57% 8.48% 8.44% 8.42% 8.42%
9.10%
9.64% 9.27% 9.17% 9.14% 9.12% 9.11%
9.80%
10.34% 9.96% 9.87% 9.83% 9.82% 9.81%
10.85%
10.94% 10.86% 10.83% 10.87% 10.86% 10.85%
Home Loans Mortgage Secured Loans Interest Rate (p.a) Amount Term $50,000 7 years $70,000 25 years $100,000 30 years $130,000 30 years $150,000 30 years $180,000 30 years $200,000 30 years $250,000 30 years $300,000 30 years
Based on Weekly Repayments.
Owner Occupied
Investment
Interest Only
7.85%
8.33% 7.96% 7.91% 7.89% 7.89% 7.88% 7.87% 7.86% 7.86%
7.85%
8.33% 7.96% 7.91% 7.89% 7.89% 7.88% 7.87% 7.86% 7.86%
7.85%
8.15% 7.95% 7.92% 7.90% 7.90% 7.89% 7.88% 7.88% 7.87%
What are Comparison Rates?
New Comparison Rate Legislation became effective from the 1st July 03. A comparison rate is an effective interest rate for any home or personal loan product, excluding continuing lines of credit. The comparison rate incorporates the annual percentage rate and any ascertainable fees, for example; Application, Valuation, Solicitors, Monthly or Annual fees; Government and contingent (redraw etc) fees are excluded. The legislation has been introduced so that consumers can fairly assess competitor interest rates.
This Schedule of Interest Rates forms Part 4 of Lysaght Credit Union’s Product Disclosure Statement (PDS) for Savings Accounts, Payment Services and Term Deposits dated 1st July 2005. This PDS is current from the above date and includes: Part 1 – Product & Services Summary, Part 2 – Terms & Conditions, Part 3 – Schedule of Fees & Charges, Part 4 – Schedule of Interest Rates.