Internet Banking

Rates & Fees

Farm management deposits (FMD's)

Farm Management Deposit interest rates (online)

Online Short Term Fixed Rate FMD (Rural Bank ONE) - Interest paid at maturity

 

3 months
6 months

$5,000 to $49,999

3 months - 2.20%
6 months - 2.35%

$50,000 to $399,999

3 months - 2.20%
6 months - 2.35%

$400,000 to $800,000

3 months - 2.20%
6 months - 2.35%

Online Fixed Rate FMD (Rural Bank ONE) - Interest paid yearly

 

12 months
24 months

$5,000 to $49,999

12 months - 2.65%
24 months - 2.65%

$50,000 to $399,999

12 months - 2.65%
24 months - 2.65%

$400,000 to $800,000

12 months - 2.65%
24 months - 2.65%

Online Fixed Rate FMD (Rural Bank ONE) - Interest paid quarterly

 

12 months
24 months

$5,000 to $49,999

12 months - 2.50%
24 months - 2.50%

$50,000 to $399,999

12 months - 2.50%
24 months - 2.50%

$400,000 to $800,000

12 months - 2.50%
24 months - 2.50%

Online Fixed Rate FMD (Rural Bank ONE) - Interest paid monthly

 

12 months
24 months

$5,000 to $49,999

12 months - 2.45%
24 months - 2.45%

$50,000 to $399,999

12 months - 2.45%
24 months - 2.45%

$400,000 to $800,000

12 months - 2.45%
24 months - 2.45%

Interest rates quoted on a per annum basis and subject to change without notice. Interest is calculated daily and paid or credited as specified. Minimum deposit $5,000. Maximum aggregate balance is $800,000 for all FMDs. No additional deposits will be accepted on the Fixed Rate FMD product. Other eligibility criteria apply.

Online Variable Rate FMD (Rural Bank ONE) - Interest paid yearly

$1,000 to $49,999

0.50%

$50,000 to $399,999

1.00%

$400,000 to $800,000

1.00%

Interest rates quoted on a per annum basis and subject to change without notice. Interest is calculated daily and paid or credited as specified. Minimum deposit $1,000. Maximum aggregate balance is $800,000 for all FMDs. No additional deposits will be accepted on the Fixed Rate FMD product. Other eligibility criteria apply.

Farm Management Deposit interest rates (in branch/phone)

Fixed rate FMD - Interest at maturity

$5,000 to $49,999

3 months - 2.20%
6 months - 2.35%

$50,000 to $399,999

3 months - 2.20%
6 months - 2.35%

$400,000 to $800,000

3 months - 2.20%
6 months - 2.35%

Fixed rate FMD - Interest paid yearly

$5,000 to $49,999

12 months - 2.65%
24 months - 2.65%

$50,000 to $399,999

12 months - 2.65%
24 months - 2.65%

$400,000 to $800,000

12 months - 2.65%
24 months - 2.65%

Fixed Rate FMD - Interest paid quarterly

$5,000 to $49,999

12 months - 2.50%
24 months - 2.50%

$50,000 to $399,999

12 months - 2.50%
24 months - 2.50%

$400,000 to $800,000

12 months - 2.50%
24 months - 2.50%

Fixed Rate FMD - Interest paid monthly

$5,000 to $49,999

12 months - 2.45%
24 months - 2.45%

$50,000 to $399,999

12 months - 2.45%
24 months - 2.45%

$400,000 to $800,000

12 months - 2.45%
24 months - 2.45%

Interest rates quoted on a per annum basis and subject to change without notice. Interest is calculated daily and paid or credited as specified. Minimum deposit $5,000. Maximum aggregate balance is $800,000 for all FMDs. No additional deposits will be accepted on the Fixed Rate FMD product. Other eligibility criteria apply.

Variable Rate FMD - Interest paid yearly

$1,000 to $49,999

0.50%

$50,000 to $399,999

1.00%

$400,000 to $800,000

1.00%

Interest rates quoted on a per annum basis and subject to change without notice. Interest is calculated daily and paid and credited as specified. Minimum deposit $1,000. Maximum aggregate balance is $800,000 for all FMDs. Other eligibility criteria apply.

FMD Offset Account – Discounted Offset Rate

 

The following interest rate is used to calculate the discounted interest on eligible Term Loan accounts that are linked to a Rural Bank FMD Offset Account. For more information refer to clause 22.4 of the Rural Bank Banking Accounts Terms and Conditions.

Offset Type

Full Offset*

Interest Rate

0.00%

*The term loan being offset must have a variable rate and the purpose for which must relate wholly to a primary production business carried on by the FMD owner either directly as a sole trader or through a partnership.

Fees and charges

For all Rural Bank fees and charges, download the Schedule of fees and charges document.