Finty
Central West Credit Union

Central West Credit Union S5 Community Proud Account

No conditions on the rate

We support our community organisations year-round through the Community Proud Savings Account - an account designed to make it easier for them to manage their finances.

Base rate up to
2.10%
Introductory rate
None
Maximum balance
None published

Rate a year, up to

Open account

Rates by balance

BalanceBase rate
$0 to $2000.00%
$200 to $20,0001.30%
$20,000 to $50,0001.50%
$50,000 and over2.10%

Who can open it

Age to open
Any
Maximum balance
None published

Who it's for

  • Not for Profit Organisations and Community Groups.

How it compares

Against the other savings accounts we compare. Typical means the middle half of them.

Most it pays

2.10%

At its best balance, with any bonus. Typical is 3.65%.

Base rate

2.10%

What it pays without a bonus. Typical is 2.40%.

Pros and cons

Pros

  • No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.

Cons

  • A lower rate. Up to 2.10%, below the typical 3.65%, so your savings grow more slowly than in many other accounts.

Similar savings accounts

Savings accounts from other banks that pay a similar rate at their best.