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

2 June 2021 |Interest rate announcement

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

Rates effective 2 June 2021. The above rates are subject to change. Subject to Terms and Conditions, Fees and Charges apply. Rural Bank – A Division of Bendigo and Adelaide Bank Limited ABN 11 068 049 178. AFSL 237879. (1530956-1530953) (06/21)

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.

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Rural Bank - A Division of Bendigo and Adelaide Bank Limited
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