Your CDF Board had revised interest rates on savings accounts effective 01 Dec 2020; with a continuation of reduced returns on our investments and no loan growth we were forced to take further steps. Effective 01 Jan 21 only accounts with balances over $500,000 will earn interest at the rate of 0.05%. Our standard loan rate remains unchanged at 3.90%.
Interest rates will continue to be monitored and adjusted as necessary. We continue to provide CDF fee free services to our clients – Archdiocesan and Catholic associated entities.
Please contact the CDF on 02 6239 9874 or firstname.lastname@example.org for any queries.