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Effective Date: 1 September 2019

 

CHANGES TO INTEREST RATES

The CDF Management has reviewed our interest rates and the following rates apply:

  NEW RATE
   
Staff Savings Accounts 0.10%
Parishes/Schools/Church Agencies Savings Accounts 0.10%
Priests Cheque Accounts 0.10%
Parishes/Schools/Church Agencies Cheque Accounts 0.10%
Cash Management Accounts – Type 18 – Schools & Parishes
Balances less than $20,000
$20,000 to less than $100,000
$100,000 and above
 

0.10%
0.10%
0.40%

Funeral Fund Accounts
Balances up to $1,999
Balances over $1,999 (Based on 12 month FTD Rate)
 

0.10%
2.00%

Education Fund Accounts (Based on 12 month FTD Rate) 2.00%
Term Investments (Minimum amount $2,000)

Note – Effective Date 7 August 2019

31 days
60 days
90 days
6 Months
12 months

 

 

1.05%
1.30%
1.45%
1.45%
1.80%

 
Standard Loan Rate

For Loans less than $5M:
CDF Benchmark Rate

For Loans $5M and above:

CDF Benchmark Rate less 0.25%

 

 

3.90%

 

3.65%

 

Standard Overdraft Rate (Approved Overdraft)
  CDF Loan Benchmark Rate + 2.0%

Unarranged Overdraft 

CDF Loan Benchmark Rate + 3.0%

 

5.9%

 

6.9%

 

 

Colin Schotte
CDF Manager
6 August 2019

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Copyright © Catholic Development Fund 2016
249 Adelaide Terrace, Perth, Western Australia 6000
Phone: +61 8 6104 3600 Email: cdf@perthcatholic.org.au
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