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Farm Management Deposit

Deal more effectively with uneven income flows with our Farm Management Deposit account.

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Our Farm Management Deposit allows primary producers to set aside funds from profitable income years and earn interest.

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Interest Rates

Term Interest Rates
3 months 3.25% p.a.
6 months 4.25% p.a.
12 months 4.40% p.a.
24 months 4.30% p.a.

Product Features:

Business Banking
Internet banking : Yes
The Mutual App : Yes
Interest payment frequency : 3, 6 and 12 months at maturity. 24 months annually.
Minimum deposit : $1,000
Maximum deposit : $800,000

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Term Deposit

Earn a higher rate of interest on your savings with a Term Deposit. 

Learn more about The Mutual

Important Information

We have not considered your objectives, financial situation, or needs. You should consider these things, along with the Product Disclosure Statement and our product Target Market Determinations before making any decision to acquire a product.

  • 1 Interest on Farm Management Deposits is calculated by applying the daily percentage rate to the account balance and paid at intervals as specified in the tables above. A reduced interest rate applies if Farm Management Deposits are redeemed before Maturity Date. The reduced interest rate is 0.50% per annum calculated from the date the account was opened to the date of early redemption. The daily percentage rate is the applicable annual percentage rate divided by 365.

    

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Any advice or information on this site does not take into account your personal objectives, financial situation, or needs and you should consider whether it is appropriate for you. Please review our Product Disclosure Statement, Target Market Determinations, Terms and Conditions, Financial Services Guide, and Credit Guide before deciding to acquire a product.

Eligibility and lending criteria, conditions, fees, and charges apply to all loans. Interest rates, fees, and charges may change without notice. Information is current as at date of appearance and is subject to change. We use reasonable efforts to provide accurate and up to date information. However, mistakes may still occur from time to time and we cannot guarantee that this website is free from any errors, inaccuracies or omissions. Maitland Mutual Limited trading as The Mutual Bank ABN 94 087 651 983 AFSL/Australian credit licence 238139.

The Mutual Bank acknowledges the Traditional Custodians of Country across Australia and recognises their continuing connection to lands, waters and communities. We pay our respects to Aboriginal and Torres Strait Islander cultures and to Elders past and present.