Variable and Fixed Farm Management Deposit interest rate change effective 2 June 2021

Rural Bank is decreasing the following variable and fixed Farm Management Deposit interest rates, effective Wednesday 2^nd June 2021:

• Variable Rate Farm Management Deposits
• Rural Bank ONE (online) Variable Rate Farm Management Deposits
• 3, 6, 12 and 24 month Fixed Rate in branch Farm Management Deposits
• 3, 6, 12 and 24 month Fixed Rate Rural Bank ONE (online) Farm Management Deposits

Notice to customers

Rural Bank wish to advise customers that effective from 2^nd June 2021, changes to per annum interest rates on deposit accounts are as follows:

Variable Rate Farm Management Deposit

$0 to $999.99...................................................0.00%pa

$1,000 to $49,999.99.......................................0.00%pa

$50,000 to $399,999.99...................................0.05%pa

$400,000 to $800,000......................................0.05%pa

Rural Bank ONE Variable Rate FMD

$0 to $999.99...................................................0.00%pa

$1,000 to $49,999.99.......................................0.00%pa

$50,000 to $399,999.99...................................0.05%pa

$400,000 to $800,000......................................0.05%pa

For further information, please contact our Customer Service Centre on 1300 660 115 or visit your nearest branch.  To view Rural Bank’s current interest rates, visit our rates page.