Farm Management Deposit
The Community Mutual Group can provide you with an approved Farm Management Deposit enabling you to set aside pre-tax income in good years to establish cash reserves to meet costs in low income years. This account is a term deposit specifically designed for eligible primary producers. The farm management deposit scheme is designed to allow primary producers with a taxable non-primary production income of not over $65,000 to shift before-tax income from years when they need it least to years when it is most needed. The scheme helps primary producers manage their exposure to adverse economic events and seasonal fluctuations. Eligibility criteria apply to primary producers under the scheme.
Interest Rates
For a list of current interest rates, click on the go button.
How do I apply?
It’s easy, simply call 132 067 or visit any branch to discuss how The Community Mutual Group can meet your financial needs. To use this facility you must be a member of The Community Mutual Group. Membership can be obtained by purchasing one $10 share which is refundable on resignation. Call 132067 for more information.
Disclaimer
Terms and conditions apply. Fees and charges apply.
New England Credit Union Ltd is the issuer of the Farm Management Deposit.
Cheque Account
| Business Overdraft
| Commercial Loan
| Leasing and Equipment Finance
| Merchant Facilities - EFTPOS
Real Estate Trust Account
| Solicitor Trust Account
| Farm Management Deposit
