The CDF Board approved an interest rate adjustment at our April meeting. Rates had not been altered since 1st July 23. Effective 1st May 24 all account holders will receive an increase in interest earned on their accounts to the values below:
-
- To $500,000 3.15%
- > $500,000 3.35%
Standard loan interest rates will increase to 6.85%.
The CDF continues to offer fee free services to our clients who are Catholic related entities whilst following the conditions of our banking exemption. We support the Archbishop and his Parishes, Schools and agencies in furthering the mission of the Catholic Church locally.