From 1 May 2025 while we upgrade our systems, you won’t be able to change your PIN in Internet Banking. During this time, please use our mobile app to change your PIN.
Our Farm Management Deposit account, is designed to help primary producers manage income fluctuations, this account offers competitive interest rates and flexible term options. By investing in a Farm Management Deposit, you can defer taxable income during profitable years and withdraw during less profitable periods, providing a valuable financial buffer. Enjoy peace of mind with a secure, government-backed investment that supports your farming business.
Instant access to funds | Yes (please note that interest discounts may apply) |
Internet and mobile banking | Yes (balances only) |
Direct debits and credits | No |
Branch and contact centre | Yes |
Minimum balance | $1,000 |
Interest Rates | Please contact our Commercial Lending Team for details. |
4 months (Amounts from $1,000 to $500,000) | 4.20% p.a1 |
6 months (Amounts from $1,000 to $500,000) | 4.60% p.a1 |
Interest paid on maturity of fixed term. Penalties may apply for early redemption.2
Calculated daily, paid on Maturity.
Application, approval, or acceptance fee | None |
Monthly service fee | None |
Fill out the form below and we will get back to you as soon as possible.
Disclaimers
Interest rates are on a per annum basis and are current as of today's date and are subject to change.
In case you have a change of mind, we provide a grace period of 14 calendar days, starting on the Deposit Date. If you would like to withdraw or transfer your investment to a different term, please contact us to arrange this.
If you withdraw part or all of the investment before the Maturity Date, the interest paid on the withdrawn amount will be calculated as follows:
Please refer to the Australian Tax Office Farm Management Deposits Scheme special legislative requirements to ensure you comply. We recommend you get advice from an independent tax adviser before opening this account.
Please refer to the Product Details, Product Disclosure Statement (PDS), Conditions of Use and Target Market Determination (TMD) when considering if this product is right for you.